We're FREE from Credit Card Debt!!!
Just had to start off this status update post with that. We still have a few more debts and months to go before we'll be consumer debt free (everything but student loans and mortgage). Onto the details:
200 Car Gas
214 Car Insurance (6 month premimum)
55 Cell Phone (LAST ONE!)
95 Life Insurance (story in itself, will discuss more soon)
50 Water (estimate)
120 Electric (estimate)
69 My Student Loan
380 Train Ride
March Paid Items:
203 Mrs Student Loans
40 Natural Gas
51 House Phone
40 Daughter's Health Insurance
We have removed Netflix from the monthly budget, as we have been using the cable more than Netflix and have run out of stuff on DVD we want to watch. We no longer have a cell phone and are awaiting the final bill in the mail to pay it off. Our car insurance for 2 cars is due this month (though they haven't sent us a letter, so we'll be calling them this week). The train ride is a 2 week visit to my in-laws in Colorado with my wife and daughter. I'll be working part-time remotely when I'm out there. The March paid items list are items we already paid that were due in March. My father has given/lent us $2K to keep safe for him until the end of the year, which we used to prepay items (I know, not the best thing to do).
February Net Worth:
Did I let you know we paid off our last credit card? That was a large chunk of our net worth increase this month. We also paid down on our mortgage, student loans, and HELOC. We're continuing to put $128/mo into a SIMPLE IRA at my work. Next month's net worth increase will not be much unless we get 2 rooms filled with renters.