UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: jthrelkeld Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309605  
Subject: Re: Nine Month Update (Long) Date: 9/14/2005 7:07 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
Roy -- phenomenal progress.

Since you see the big ZERO in sight, I can recommend something to do with that extra few hundred dollars you're moving back into your budget.

We're also in the home stretch of paying down everything except mortgage and also added some fun money back in to keep from going insane. We've started to replace or upgrade the items we use every day that need replacing -- or that we'd like a nicer version of.

Some examples: our pillows were 15+ years old and had no loft in them. Our wineglasses were cheap and chipped. Our can opener was a rusted, cheap $1.29 hardware store model.

We've been slowly replacing these things with the extra fun money and it's been a great daily reminder of progress. Now I use my wonderful, ergonomic OXO can opener, and I feel rewarded for the hard work of paying down all that debt. I earned that nice can opener, and didn't go into debt to buy it. In many ways, using the money to make tangible improvements to the actions you take every day is better than spending money on an ephemeral entertainment event, like a meal out.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.