Defeat the Net Debt

[TyGuy]

@RWD

Excellent progress this past month, I hope you can keep your home repair/maintenance cost low!

[TyGuy]

Debts:
Mortgage: $192,818
Student Loans: $19,407

Assets:
Savings: $23,107
Taxable 1: $22,603
Taxable 2: $1,619
Taxable 3: $12,918

2021 Goal: (248K)
2022 Goal: (220K)
2023 Goal: (190K; Stretch 184k)
2024 Goal: (153K; Stretch 145K)


Net Debt: DEC 2020 ($261,341)
               DEC 2021 ($248,521)
               DEC 2022 ($226,794)
               JAN 2023 ($222,557)
               FEB 2023 ($219,331)
               MAR 2023 ($217,622)
               APR 2023 ($215,242)
               MAY 2023 ($213,078)
               JUN 2023 ($210,977)
               JUL 2023 ($205,630)
               AUG 2023 ($200,974)
               SEP 2023 ($199,191)
               OCT 2023 ($198,131)
               NOV 2023 ($196,611)
               DEC 2023 ($191,055)
               JAN 2024 ($185,098)
               FEB 2024 ($181,936)
               MAR 2024 ($178,960)
               APR 2024 ($174,626)
               MAY 2024 ($169,055)
               JUN 2024 ($166,079)
               JUL 2024 ($163,801)
               AUG 2024 ($162,535)
               SEP 2024 ($159,981)
               OCT 2024 ($157,267)
               NOV 2024 ($155,668)
               DEC 2024 ($151,978)


Happy to announce I reached my yearly goal! I'll see how close I get to my stretch goal with my yearly wrap up.


On a different note, the mortgage I am tracking here will disappear due to the sale of the house. I will update my posting for the new year using my new mortgage. Good luck to everyone as we finish the year!

[RWD]

@RWD

Excellent progress this past month, I hope you can keep your home repair/maintenance cost low!

Thanks! We need to replace some windows which we might do in 2025 but otherwise there are no known large looming bills.

[Arbitrage]

Mortgages/HELOC: $(372.0k) -> $(1,067k) -> $(544k) -> $(530k) -> $(526k) -> $(505k)
Student Loan: $(27.1k) -> $(26.3k) -> $(25.5k) -> $(22.3k) -> $(21.4k) -> $(16.5k)
Taxable: $313.3k -> $273.2k -> $673.7k -> $594.8k -> $638.7k -> $760.2k

Jan 2019: ($290.2k)
Apr 2019: ($278.4k)
Sep 2019: ($248.7k)
Dec 2019: ($217.3k)
Jul 2020: ($191.8k)
Jan 2021: ($85.8k)
Apr 2021: ($820.1k)
Aug 2021: $104.2k
Nov 2022: $42.5k
Mar 2023: $91.3k
Dec 2024: $238.7k

Might as well follow up with the good news story since nearly dipping negative.  This number may become important in the near future, as we might pay off the majority of our mortgage for cost (really income) control during upcoming college/ACA years.  Don't have quite enough to pay it off completely - and be comfortable managing our ER cash flows - but thinking about a recast to dip that mortgage payment way down.