Sunday, April 06, 2008

Buh-Bye Student Loan #1

Victory! We just paid off one of my husband's student loans, using Dave Ramsey's gazelle intensity method! Buh-Bye to $7,453.00 worth of loans! We now have $57 dollars a month to apply to our next hurdle- paying off the $21,307.75 we have remaining on his other loan. With gazelle intensity, it will be gone in no time.

Want to learn more about gazelle intensity? Go check out The Total Money Makeover: A Proven Plan for Financial Fitness. Your library should have a copy, but it may be worth investing in if you plan to follow "the plan!"

We're so excited to have that monkey off our back! Two more to go! (His other loan and our mortgage!)

6 comments:

Mrs. Pear said...

Congratulations!

Good job!

Lucy said...

Wow, congrats!!

Anne Marie@Married to the Empire said...

Congratulations! That must feel fantastic!

AnnMarie said...

Woohoo!!!! Happy dance time!!!!

Misslisslee said...

Congratulations -- what a victory!

Anonymous said...

Congratulations!

We are about to kill off our third student loan, which will leave one left. It is such a great feeling!

Good luck with the last one. It just gets easier and more exciting.