Today is another day to celebrate as we paid off one of our cards today, and since I haven’t even activated the one they sent a *year* ago, I think we’ll be pretty safe from using it. This is a little success, but each step helps us to feel like we’re getting closer and closer to our goal.
So now we just have 8 cards left to pay off, 2 loans and 2 tax liabilities. One loan will be paid off this month, and one of the tax liabilities will be completely paid next month – it feels great to get some traction on this debt reduction.
Of course, kudos and thanks are in order to my mother as she is the one who helped us to get a little boost in our reduction, as well as put some money aside in our emergency funds. She gave us a nice gift as a “good job” in paying off our first settlement (see Success :: Update 6.15.09), so we were able to put some aside and we’re half-way to our monthly goal of $535 in emergency savings (we’re at $280). This is remarkable for us, especially since we have been salivating over the Wii Fit for about 10 months now. We could have taken the money and purchased it, for full retail, but instead, we paid off debt and put it in savings.
Maybe we’ll get a Wii for Christmas… 🙂