Tuesday, June 12, 2012

Another small milestone reached

We've been focusing on our debt for just under 18 months now and with the last round of payments, we have paid off $20,662.98. On its own, that sounds like a huge amount and tremendous progress. But our numbers are so astronomical, that in reality it's just a drop in the bucket. And therein lies the rub. It is so hard not to get discouraged when you still have so far to go. I keep reminding myself that the numbers are finally moving in the right direction and every month brings us just a little closer to the ultimate goal of debt freedom. I know the prize is worth the fight, but oh my, it still seems so elusive.

It probably goes without saying that it's rainy and dreary outside today!

Sarah

7 comments:

  1. I feel like that every day. When will I ever get out. But I satisfy myself with the small progress. It also helps that everyone I blog with is in the same boat. We are all rowing upstream.

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  2. So true...feels like progress is nonexistant some days...paying on my student loans looks like only interest and no principal most months...slowly, slowly it goes...at least it's in the right direction...

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  3. Every drop counts. That's what I have to keep telling myself as well. The date when a goal would be reached seems to always be on the move, but as you said, you know you are in the right direction.

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  4. I understand how you can get discouraged with such a large number.

    Perhaps, to put this into perspective for you - take a look at what your projected payments for the rest of 2012 will be. Then march towards meeting or exceeding them. This will break your debt into smaller more manageable chunks.

    Progress is progress regardless. Yes it's a large number, but you've paid off $20,000 in 18 months! That's amazing!! Celebrate this and then push on to the end of the year. Celebrate again! That may be the best way to keep your momentum and keep you looking forward instead of behind you. Remember, everything after this moment is history. Write it the way you want.

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  5. I am so very proud of you! What you have accomplished in such a short period of time is stunning! I am sure the amount of debt you bear is overwhelming but I believe you can carry it for a time. What you can't do is carry it forever because it will take its toll. So remember, just as you didn't get in that deep over night, the climb out will be gradual as well. Celebrate the small victories because you are changing the future of your family forever!

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  6. TWENTY THOUSAND is HUGE!! We have to celebrate ALL of the milestones, it helps to keep us motivated! I remember when there was NO space to be seen between your c/c and the end of your ticker tape! Now there's lots of space!

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  7. Twenty grand is not something to be sniffed at! That's a huge number! As a suggestion to keep yourself motivated, and not be weighed down by the amount still to pay off, delete the tracker you have at the bottom of each post, and instead replace it with something that shows only what you've already paid. That way you feel excited and positive every time you see that number growing, and don't get discouraged by how far you've still got to go.

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