Today my final payment to HFC will hit and that loan will be closed out. This is very exciting. I decided to take off the federal student loan from my debt total. I've looked into the teacher loan forgiveness program. I qualify to have $5,000 taken off now and in a year and a half the rest will cancel. Psychologically I think it's better to look at the smaller total, you know? It'll feel really good when all of the consumer debt is paid and I just have car/student loan left.
I'm pretty bummed that I've got to save the money that would have gone towards car over the summer, but hey, at least I've gotten realistic. I may not be able to pay off the car until January now. My hopes lie in that a) I'll be making a bit more money in a union school b) they'll have an afterschool program I can do which'll earn a few extra hundred per month to go towards car. I'm going to a job fair next Saturday, so please keep your fingers crossed that something good comes of it.
I get so excited about payday--not to have the money to spend but to have the money to payoff debt. The day when we can put all of that extra money towards saving and when the Veterans' Association of Illinois calls, I'll feel like "sure, I'll give ya lots to help those soldiers!" (They called and I only gave them $15. Makes me feel just awful.)
Happy Memorial Day weekend all! Enjoy some sun, family and fun!
Debt update
May 23rd, 2008 at 01:51 pm
May 23rd, 2008 at 02:00 pm 1211551214
How about tutoring after school for some extra coin? Might speed up the debt payoff.
May 23rd, 2008 at 02:07 pm 1211551623
May 23rd, 2008 at 11:58 pm 1211587139