Had a wonderful Dave Ramsey-inspired, CHEETAH moment this weekend...we had one of our final "large lump sum" checks come in and, as of 10 minutes ago, we are officially HALFWAY to being debt free!
We started with $28K in debt between credit cards, medical, and student loan responsibilities. And, that check arrived Friday for about $5400 and I just made an online payment for $5200 to Cap*tal One. (We withheld about $200 for a secret summer possibility.) And, that payment took us under $14K remaining!
We have two more "extra" checks still coming - the tax stimulus ck and an amended 2006 tax check (we apparently overpaid in a category we weren't aware of at the time). Those along with the regularly scheduled snowball payment will "kill" Cap*tal One in the next month! That will leave one credit card and then my student loan!