Wednesday, April 13, 2011

Thing 9: Be debt free

This is a big one and I'll probably be working on it for most of the 1001 days, though it isn't unreasonable to think I'll achieve it.  Like a lot of people, I have a car loan and some student loans - and it doesn't help that I'm still taking classes.  I'll be focussing on really bringing the balances down during this whole project.  Luckily, I have a plan.

Just for clarity, I will not be counting a mortgage in this Thing.  We don't have a mortgage now but we plan to soon and I don't imagine we'll be paying that off in 1001 days.  

How will I know I'm done?
My liabilities will have $0 balances.

How am I doing?
In June 2012, I removed this from my list in favour of tripling my net worth instead.

No comments:

Post a Comment