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View Full Version : Just did two cool things!



Zoebird
3-10-13, 2:12am
First, after paying my NZ taxes (we don't earn enough here yet to pay US taxes!), I was able to transfer money to the US and we paid off our credit card (which we'd just put our immigration paperwork on!). Free and clear!

now, we just have to buy something every 6 weeks and pay it off in 30 days (interest free) to keep the credit good. So, yeah.

Second, I was then able to transfer the rest of the money into my US "pay the student loan debt account." LOoking at the money in there, we are 25% to the goal amount to settle the debt! Our hope this year is to continue to throw money at it, and maybe we'll complete it in the next two years! I would not even be 40 yet (i wanna be done by 40!).

I'm proud that my hard work is paying off. Not only have we given ourselves a raise (and live sustainably), and help support our friend (buy her medicine and some food for her family), as well as run the business well, but we are now in the phase of paying ourselves back and paying off debt! I'm so stupidly happy.

Happy, I tell you!

Also, my friend just paid her last student loan payment in Feb, and had her celebration party today at the beach. Isn't that awesome? She just wants to finish the credit card bill, and then she and her husband are going to save for a house. They also decided to downsize to a smaller cottage (like ours) to save more money. Simple living/frugality is apparently contagious. She said i was talking about my financial goals so much, she decided to get on it!

MamaM
3-10-13, 4:21am
YEAH ZOEBIRD!!

dogmom
3-10-13, 11:01am
Hooray for you Zoebird!

awakenedsoul
3-10-13, 11:43am
That's fantastic! Good for you. You sound really organized and on track with your finances. Do you have an emergency fund? That has been key for me. That, and my stockpile.

Zoebird
3-10-13, 4:28pm
awakenedsoul,

Yes, we have 4 months saved in the emergency fund and also we have me insured in the business in case anything should happen there. We have a small retirement fund (we are paying ourselves back, since much of our initial investment here came from retirement), and also our checking accounts.

We have the credit card for emergencies (and that's usually how we used it except we bought: 1 our plane tickets to come here initially, and 2. immigration paperwork -- but it's finally paid off).

We also are talking to our bank about expanding our business on a line of credit (rather than a big lump loan), and working with our accountant to see how it works (since we don't understand how to juggle that kind of debt yet). We'll decide if we want to use that to make the leap or draw from business savings.

Lainey
3-10-13, 8:43pm
Congratulations Zoebird. It's especially cool that your friend is following your lead.

Gardenarian
3-11-13, 3:49pm
Great news, Zoebird!

Tussiemussies
3-11-13, 3:56pm
That is fantastic Zoe!!! :)

frugalone
3-11-13, 3:57pm
Congratulations!! That's wonderful news!

iris lily
3-12-13, 8:21am
zoebird, that is great progress forward, yay!

rodeosweetheart
3-13-13, 5:27am
Yay, you, Zoebird!!!!!!

Doesn't it feel fantastic!

clara24
10-2-13, 2:47am
That was awesome same here i just did a cool things today where i just finish paying a loan in Finland at http://24pikavippi.fi/ where i experience the craziest amount of interest and i never wanna get loan anymore.

Joyous_5
10-15-13, 10:47am
That's wonderful, Zoe! Good for you. I love hearing inspirational accounts like this. Keep up the good work.

RosieTR
10-17-13, 11:09pm
Cool! Pretty great you both paid off your stuff and furthered your goals, but paid it forward in terms of inspiring your friend! Yay for you!!!

Zoebird
10-21-13, 3:15am
Well, it's an old post.

my student loan account is holding steady as-is, i've left NZ and we are finding a new way in the US. things are haywire, but we don't feel afraid or upset/nervous about it. So i guess that's something.