I think we can, I think we can…

H and I have agreed to combine our finances to pay off the debts together and save, save, save.  We both kept our own accounts and a certain portion of our checks go into them for “fun” money.  I don’t get much, but I can order a latte when I want without the guilt.  I have transferred all my payments to our joint account and H will continue to pay the auto-debits with his Credit Card and pay the card from our joint account.  We pay it off every month and have accumulated $200 in unused points so far.  At some point we will probably use them for household items such as dog flea/tick stuff.  H still has his car payment and the mortgage coming out of his own account.  They might move eventually, but for now it works.

We also decided that we are going to have the last credit card paid off this year.  We are shooting for this Summer.

H deposited his parting pension money ($4000) from his former employer into our joint savings account to put toward the credit card.   I can’t wait to send it in.  It requires me to swallow my pride and highly independent nature to do this, but in the end we are in this together.   I am waiting until I complete our taxes to do this, just in case.  This will be our first time filing together and our combined income is basically double what mine is and I am worried that about the funds he cashed out and our withholding.   It’s kind of funny sad, H grosses less than me, but his net pay is higher.  But then I pay the medical insurance for both of us, really expensive Long-Term Disability Insurance, I have union dues, and I have to pay to park at work.

After we pay off the credit card, we decided to attack my house debt over the car and student loan.  We will talk to a real estate lawyer first, but we think we might be able to pay the house down enough in two years to break-even on a sale.  This would simplify our life immensely.

I think we can, I think we can, pay off $12,000 in debt in six months…….

 

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