We’re debt free

Free at last, free at last. Thank God almighty we are free at last. – Martin Luther King, Jr. On Friday, June 15, 2018, my family officially became debt free. We have no credit card debt. We have no student loan debt. We have no car debt. We have no debt on appliances, electronics, or…

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‘The Year Of No’ monthly report: May

Even though I felt like this month has felt a little slow, we are now a step away from the end. For the month of May, we paid off $1,979.39. We have $1,676.75 left. Through some creative budgeting (it’s fine, really – nothing crazy), it appears the final debt payment will be June 15, 2018….

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From a waterfall to a trickle

Things were going so well. I suppose it’s not fair to say that things aren’t going well, but the momentum has certainly slowed down quite a bit. The extra income has halted, and now we are stuck with simply being patient. That is certainly not one of my better qualities. Geez. Some people are never…

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The Beginning of the End

It’s a Big Day™. For the first time in my post-college adult life, since marriage, since kids, since what feels like forever, we are down to four figures of debt remaining. Eighteen years of stupid later, the end is in sight. I received another paycheck from my side gig today, then turned around and put…

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‘The Year Of No’ monthly report: March

While much of the United States is caught up with college basketball fever this month, we’ve had our own version of March Madness. This month has been a very busy one. I have worked a lot, and Amy has been busy tending to the kids more than usual. However, we did take time for a…

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‘The Year Of No’ monthly report: February

The theme for February was full steam ahead. It’s tax season, and even though we no longer own a house that we can deduct interest from, having three kids and student loan debt interest is still a tax saver. I have tried cutting the money I get back from the government each year by raising…

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Halfway done

Today, we reached the halfway point since starting this on Sept. 11, 2016. I’ve been keeping tabs in a spreadsheet (the best I can, some of the data isn’t perfect), and the results are below. Now it feels like we’re really gaining momentum. Time to dig in.

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The waiting is the hardest part

The waiting is the hardest part. – Tom Petty There’s a secret I want to tell you about getting out of debt with intensity: it’s boring. For me, that can be a stressful. My day is usually filled with lots of chaos, but in a good way. My job is fast-paced, and my mind is…

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‘The Year Of No’ monthly report: January

We are making good progress. It makes sense to me that if I’m going to continue to record the emotional progress of our debt snowball, that I should also record some numbers as well. I don’t have real solid data from long ago, but as evidenced in the audio recording from 2005 in my last…

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