Tuesday, November 8, 2011

Almost Free of Interest

The last of the student loans will be paid off this month (something we promised our kids we'd do if they graduated with at least a B average). It became possible when we sold the Altima via Craig's list (this is the car my daughter was going to purchase from us – which is why I bought the Xterra – but then after borrowing it on and off the past year as we waited for her to afford it, she realized the clutch aggravated her knee and didn't want it). We posted it one day, got a response the next and it sold. Remarkable!

Can I say how happy this makes me?

Of course, instead of a student loan payment, I have a refrigerator payment (although the loan is a LOT smaller), but no more interest (12 months same as cash – I love those!). Even the loan on the Xterra is interest free (it's why we got it when we did). The only interest we're paying is on the house (and we're working on getting that paid off in the next eight years).

It has taken us many many years to get to this point. I think I'll do a happy dance!

As remarkable as it sounds, this may be the month for NaNoWriMo, but apparently I've blogged nearly everyday in November. I'd like to think I can keep up the momentum, but who am I kidding??

Ahh, but stranger things have happened.


B.E. Sanderson said...

Congratulations. And way to go on your plan to get everything paid off. You're way ahead of most people these days.

Good luck keeping up the momentum in your blog posts and in life. You can do it. =o)

Stacy McKitrick said...

Thanks, B.E.
We may be way ahead of most people, but it took us several years to get there. I just hope our children learned from our mistakes (and so far it seems they have).

Jennette Marie Powell said...

Congrats on reducing your debt! What a wonderful gift to your daughter. Keep up the good work with your writing!

Stacy McKitrick said...

Thanks, Jennette.
We'll see how my blog writing goes (at least my novel writing is going good - should get the first draft done before New Year's).