I live, write, and garden in the PNW with my husband of 27 years, disabled daughter, college-aged son, and my 84-year-old mother. We have paid off $250,000.00 worth of debt (if you include the interest) in the last fifteen years and as of 6/12/2020 are 100% DEBT FREE!!!!Now that the our very last debt, the 0% interest loan from my mother to pay off medical debt is getting down to a reasonable level that I don't have as big an issue seeing anymore, I'm going to start doing a countdown.
$35,000.00 Starting Balance
+_1,000.00 July Payment
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$34,000.00 Remaining Debt Owed
We will keep up with the $1000 payments for as long as we can after the layoffs. We should be able to live for a year on our savings and still make payments to Mom, though she may insist we drop them to $500 a month, but I really hope DH finds a new job before that. I really want to stay on track though and be done with it. It's the worst debt to have, to family.
Loan from Mom
July 28th, 2016 at 08:57 pm
July 29th, 2016 at 12:06 am 1469750803