Author Topic: Debt FREE!!  (Read 1408 times)

M5

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Debt FREE!!
« on: January 23, 2018, 02:23:07 PM »
Well, except for the mortgage on our rental property. We don't have any personal mortgage debt as we are currently renting. When we discovered MMM 15 months ago we had about 50k in vehicle/student loan debt.. definitely feels good!! Now to build up Vanguard!

Chippewa

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Re: Debt FREE!!
« Reply #1 on: January 23, 2018, 02:24:39 PM »
Nice job! That's a heck of an amount to clear up in that time. Congrats.

lexde

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Re: Debt FREE!!
« Reply #2 on: January 23, 2018, 02:37:44 PM »
Great job! Congratulations!


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Brother Esau

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Re: Debt FREE!!
« Reply #3 on: January 23, 2018, 04:05:14 PM »
Sweet! I know that feeling, very liberating.

FireHiker

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Re: Debt FREE!!
« Reply #4 on: January 23, 2018, 04:46:55 PM »
Awesome, congratulations!

Mezzie

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Re: Debt FREE!!
« Reply #5 on: January 23, 2018, 05:09:10 PM »
Congrats!
http://forum.mrmoneymustache.com/journals/preparing-for-forced-early-retirement-due-to-disability/

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DapperD123

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Re: Debt FREE!!
« Reply #6 on: January 23, 2018, 07:03:50 PM »
Well done!
USAF

M5

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Re: Debt FREE!!
« Reply #7 on: January 24, 2018, 08:42:46 AM »
Thanks everyone!

Dicey

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Re: Debt FREE!!
« Reply #8 on: January 24, 2018, 09:07:13 AM »
Congratulations!  I took the same path: rental property in a lower COLA first while I lived in a rent-controlled apartment in a HCOLA. Did that for about eight years until I could afford a condo on a short sale in my expensive area. RE got me to FIRE, so here's to your success, too!
I did it! I have a journal!
A Lot Like This
And hell yes, I am still moving confidently in the direction of my dreams...

M5

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Re: Debt FREE!!
« Reply #9 on: January 24, 2018, 10:27:39 AM »
Congratulations!  I took the same path: rental property in a lower COLA first while I lived in a rent-controlled apartment in a HCOLA. Did that for about eight years until I could afford a condo on a short sale in my expensive area. RE got me to FIRE, so here's to your success, too!

Nice! We have very similar circumstances. Our rental is in a LCOL area and here in Reno home prices have made it back to pre-2008 levels (nearly double the cost of what they were right after the crash). Although the market here shows no signs of slowing down, I'm hopeful we can wait it out for a few years and just maybe the bottom will fall out. I cringe when I think about paying 400k for a home when I'm used to 150k in the LCOL area!

KTG

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Re: Debt FREE!!
« Reply #10 on: January 24, 2018, 02:27:51 PM »
Awesome! Congrats!

Just Joe

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Re: Debt FREE!!
« Reply #11 on: January 25, 2018, 08:49:28 AM »
Those milestones feel great! Congrats!

soccerluvof4

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Re: Debt FREE!!
« Reply #12 on: January 25, 2018, 09:21:54 AM »
Great Job!
" In life you don't get what you deserve you get what you negotiate"

highplainsdrifter

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Re: Debt FREE!!
« Reply #13 on: February 10, 2018, 11:19:37 AM »
Congrats on the debt pay off. Killing the debt is such a big accomplishment and representation of one's grit.

I just made my last student loan payment yesterday. So it's time to start building up.

DapperD123

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Re: Debt FREE!!
« Reply #14 on: February 12, 2018, 08:38:11 AM »
Congrats!!!!
USAF