<< Back to all Blogs
Login or Create your own free blog
Home > Archive: December, 2012

Archive for December, 2012

2013, Will we be mortgage free?

December 29th, 2012 at 01:11 pm

This is the year! I really want to be me debt-free. In many ways, this will not be an easy feat. In fact, it will be exhausting and I may run out of steam by mid year. Either way, I'm going to try like heck to this, but if I don't...at least I tried. Hoping for good health, continued employment and "ganas" (desire).

Final 2012 debt repayment

December 24th, 2012 at 07:51 am

Well, 2012 has been the year of debt repayment for our family! The total debt repayment is: $141,088.11. I could not believe it! We used a lot of our savings and income to paydown the mortgage balance. As you can see on my sidebar ticker, the mortgage balance is $93,297.77! I'm hoping that we can kick the mortgage debt to the curb in 2013 or early 2014. Keeping my fingers crossed. Having said that, this process has not been easy; it takes a lot dedication and discipline to do it. I have to confess that it became an obsession for me (hubby sits back and lets me be the Chief Financial Officer).

This is it for today, I'll be working on my 2013 Financial and Personal goals soon. For those of you who celebrate Christmas, may the Lord Child live in your hearts always. If you do not celebrate Christmas, may you have a wonderful 2013.

P.S. Since this post, I decided to make a payment and our mortgage stands a bit less!

DS #1 big accomplishment

December 19th, 2012 at 04:16 pm

DS#1 completed his very last undergraduate course yesterday, which means we have a college graduate in our home. He worked hard and got his dental assistant certification on the side and is currently working full-time with the dentist he has worked for since he was a junior in high school. He started making $8.00 an hour back then and he is now earning $20 an hour. We are so proud! We are especially happy that we were able to fund his education debt-free. He worked part-time and paid for gas to commute back and forth, textbooks and his parking permit.

The $4 a day challenge

December 3rd, 2012 at 05:47 pm

The mayor of Newark, New Jersey, Cory Booker, began his week long challenge to eat all of his meals on $4.00 a day to highlight what is like to live on food stamps. The average monthly food stamp benefit was $133.26 per person in New Jersey in fiscal year 2011, according to the U.S. Department of Agriculture. That's a little over $33 per week, or $4 per day.
Can you eat all of your meals on $4 a day. I think I can, but of course with not much variety. Oatmeal, apples, peanut butter and jelly sandwiches and rice and beans.

Can you eat on $4 a day? What would you buy to eat?