Tuesday, November 27, 2007

Stopped before it even started


It looks like our goal of paying off our debt by the end of 2008 may be over before it even starts.

It looks like we need to dump all of our extra money into a moving sinking fund. What is it Dave Ramsey calls it? Saving for the storm?

So it looks like we will continue normal payments, and the entire snowball amount will go into ING. If after it is all said and done Marty isn't transfered, we will dump it onto our debt.


My only question is - how much do we save? We have needed different amounts each time we moved. There is a 75% chance that it will be instate - of course! It couldn't be someplace warm, could it?? - so that makes a huge difference. Marty's company reimburses us for quite a few of the expenses, but the problem with being reimbursed is that you have to spend the money to begin with.

No comments: