We have some exciting news to share!
WE ARE DEBT FREE (excluding our home)!
We paid off the vehicle loan a couple weeks ago & couldn’t feel more blessed & relieved.
1) Pay off vehicle loan by August 2017
2) Change husband’s 401k contributions from 8% to 10%. Mine is currently at 10%.
-Working on it!
3) Then slowly increase both of our 401k contributions to 13%.
-Plan: over next couple months increase both contributions to 13% (hopefully we meet this goal by the end of May). We have changed our original goal from 15% to 13% because we are looking to funnel more money into paying off the mortgage faster. We are giving ourselves permission to change our minds in the future if this isn’t working.
4) Start paying down our mortgage faster so that we can be totally DEBT FREE! Currently we purchased a home Sept 2015 on a 15 year mortgage so we have approx. 13 1/2 years left!