Friday, June 1, 2007

Roof AGAIN? and how it makes me debt free!

So we got a whopping $1573.59 for our roof. Yeah, that doesn't put a dent in the 12k we need! So we have made a different decision entirely. We know we need a new roof eventually. (Just like eventually I will have a million bucks, heh not any time soon!) So we are going to repair the parts that need to be repaired (only about 600 bucks worth or so) and the rest we will put toward our debt. Later we will have to buy a new roof, but 1k isn't going to help us do that.

Instead! We decided we will be debt free! I have my brother in law to thank too, he just got on Dave Ramsey's plan and has been asking us a ton of questions. Some of the stuff we have been doing isn't exactly Dave Ramsey-ish. So he has made us rethink about our intensity to pay off our debt. We have 21k in an emergency fund, along with 12k in a hills and valley fund (my husband is self employed so we use that on the slim months). With the money we just got paid this month, plus the insurance money, we are paying off our #20,585 student loan!! No more beating around the bush, we're paying it off!
So I have to wait for a statement on how much we owe, and then YAY! It's gone!

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