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We Did It – No More Student Loans!

August 20, 2008 · Filed Under Paying off Debt · 13 Comments 

As I heard the garage door open, I grabbed my papers and ran downstairs to meet my wife and two older kids. I put the two papers on top of the new box and went to the door to meet them. "Quick – come in, I have something to show you." As we all came into the kitchen, I said, "I have good news and I have great news, which do you want to hear first?" "Start with the good news, of course," my wife replied. Click here to continue reading…

Am I Stupid to Pay Off Our Student Loan?

August 5, 2008 · Filed Under Paying off Debt · 10 Comments 
Question mark

First, I have to apologize – we are not allowed to use the word "stupid" in my house. It just slipped out – honest. 🙂 Anyway, what I really meant to ask is "am I silly to pay off our remaining student loan?"

We have one student loan left

When we moved from the southwest back to the east coast, we had just completed paying off all of my student loans. That left us with (from highest to lowest balance) my wife’s student loans, a mortgage, and two car loans. As seen on my story page and the first checkpoint post , that was the point in time where I started to get really obsessed with paying off all of our loans and getting rid of everything except the mortgage. Click here to continue reading…

Checkpoint: My Current Financial Situation

August 1, 2008 · Filed Under My Finances · 4 Comments 

Of course I had to do this – to lay out my current financial situation in general terms. Give me a break, this is a personal finance blog, right? And it is my blog, right? So, I get to lay out where I currently stand. 🙂 I wanted to do this early on in the life of BFN so that I have something to refer back to as times goes by. So here we go… Click here to continue reading…

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