PinchingPennies

Saving money to pay off student loans and consumer debt

The husband’s student loans are paid off!

About time. I just made the last payment on the husband’s student loans to close them out. That’s the good news anyway. The bad news? We might have to take one more out for $1000. 😦

Here’s the deal. The husband was supposed to finish and defend his PhD thesis this summer. The problem is that you need to be enrolled to defend your thesis so we paid $1000 for 1 credit so he could defend. Then it came out, oops, his committee was out of town for the summer and technically he’d be defending this fall. Now he needs to enroll for another 1 credit class this fall. Since we are moving for his post-doc, cash is a little short – so it looks like he will need to take out a small loan. Or put it on his credit card. Either way, adding to the debt.

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July 4, 2009 Posted by | Student Loans | , | Leave a comment

AMEX is Paid Off!

Hurrah for tax returns! I just sent off a payment to AMEX that brings our balance down to 0 and frees up $100 a month for our debt snowball. Dave Ramsey is right about how good it feels to pay off a debt and have one less payment each month.

Husband pays for the AMEX card out of his account so I will have him redirect the $100 per month to the car loan.

May 15, 2008 Posted by | Credit Cards | , , | Leave a comment