Mortgage done, what’s next? FIRE!

While it has felt like a long, slow journey to get the mortgage paid off, by most people’s standard, we’ve probably paid the mortgage off quickly. The actual total time was about 11 years and 4 months from beginning to end. The question is… What’s next? First, FIRE stands for Financial Independence Retire Early. Some people…

Happy Birthday to Me!

Normally about this time of the month I post a mortgage update giving all the details of how much progress we’ve made, how much longer we’ve got, etc. Since it’s my birthday month, I decided to take a slightly different approach. We recently celebrated my birthday, and as a gift to our entire family, we…

May 2018 – Mortgage Payoff Update

At the end of May, our remaining payoff balance was at 12.78% of our original mortgage that we took out in 2007. That is a reduction of 1.57%. How much longer until the mortgage payoff? Once all of May’s payments were applied, we’ll have reduced our mortgage balance by about $2138 this month. That brings our balance to almost…

April 2018 – Mortgage Payoff Update

At the end of April, our remaining payoff balance is at 14.35% of our original mortgage that we took out in 2007. That is a reduction of 3.38%. How much longer until the mortgage payoff? Once all of April’s payments were applied, we’ll have reduced our mortgage balance by about $4590 this month. That brings our balance below $20k….

Savings at the pump with the GasBuddy card

I’m always a sucker for new ways to save some extra money without much effort on my part. That’s why when I found out about the GasBuddy card, I figured I’d give it a try. How it works This card works similar to the Target REDCard debit card. Essentially you link the card to your checking…

220k and counting

No, that’s not our current net worth. That’s how many miles we have on our 2006 Toyota Prius, and we have no plans on replacing it. We could replace it if we wanted to and go buy a newer vehicle with all the bells and whistles… …but we won’t When you start to look at a…

You budget how much for gifts?

In this post, I’ll be discussing how much we budget for gifts each month. Get to the point already! We budget $100 for gifts each month. Over time, this amount started around $50 a month and has increased to $75 and now $100. We’ve kept it at $100 for quite a while now. How do…

March 2018 – Mortgage Payoff Update

At the end of March, our remaining payoff balance is at 17.73% of our original mortgage that we took out in 2007. That’s a reduction of 2.19%. How much longer until the mortgage payoff? Once all of February’s payments are applied, we’ll have reduced our mortgage balance by about $2971 this month. That brings our balance to just…

February 2018 – Mortgage Payoff Update

At the end of February, our remaining payoff balance is at 19.92% of our original mortgage that we took out in 2007. That’s a reduction of 3.46%. How much longer until the mortgage payoff? Once all of February’s payments are applied, we’ll have reduced our mortgage balance by about $4713 this month. That brings our balance to just…

January 2018 – Mortgage Payoff Update

At the end of January, our remaining payoff balance is at 23.39% of our original mortgage that we took out in 2007. That’s a reduction of 3.01%. How much longer until the mortgage payoff? Once all of January’s payments are applied, we’ll have reduced our mortgage balance by about $4086 this month. That brings our balance just below…