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Perpetual Debt Pay-er Off-er

October 23rd, 2014 at 06:08 pm

So I think I've got a problem. The second we get out from under paying off debts I always find a way to get right back in. I told myself it'd be different this time. We paid off the rest of the addition and we were home free. Then we wanted to get the windows done in our house since we still have the original 50's single pane metal ones. Great, no problem, we'll just cash flow it and do a couple at a time. A couple months later and I now have a home depot 0% interest card and a houseful of windows that will be replaced in the next 3 or so weeks. Yipes. Will I ever learn??

We've got enough money to cover new baby expenses but it'll be cutting it close to pay off the windows in full before I'm due. We've got 2 years 0% interest but obviously I'd like it paid off as fast as possible. We'll have to see..

Posted in Uncategorized | 2 Comments »

2 Responses to “Perpetual Debt Pay-er Off-er”

  1. snafu Says:
    October 23rd, 2014 at 08:24 pm 1414095856
    1414095856

    I'm so supportive of new windows that will reduce heat loss and add value to your home if you plan to remain there for at least 5 years. The math says paying $ 125. per month or $ 63. per bi monthly pay ensures the windows will be paid before 0% ends. Would it help crimp spending by keeping an elastic band around your CCs? It's the string on finger principal of last century. With your desire to pay off the windows, the question is 'what's the worst thing that would happen if I didn't buy that item?' As winter comes, you'll love the new windows.

  2. Kiki Says:
    October 23rd, 2014 at 09:01 pm 1414098097
    1414098097

    Not sure where you are located but you may see marked savings in heating costs this winter with the new windows. You can funnel the saving into paying for the windows. Every little bit helps!

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