It’s Official! Less Than $10,000 of Debt Left!

November 5th, 2007 by Ana

It’s official now!  We have less than $10,000 left of debt to pay off!  Hubby’s credit union finally processed the two payments I sent out last week towards the truck note and we only owe $9,962.21 on it!  We have just passed that psychological milestone and no longer owe “five figures” even though it only represents $635 worth of debt payment.

This feels like a big victory, even though we have paid off more than this at one time.  Strange, isn’t it?  The way the mind works when it comes to numbers…I don’t understand the mechanism behind it, since I only had general psychology and that was back in ‘02.  I can’t really explain it (anyone care to take a stab at it??) but I do like the the feeling it gives me.  Let me try to explain:

Back when I was in the army, we would get up once a quarter at “zero-dark-stupid” and put on a rucksack (fancy military word for a backpack) with 25 pounds in it then walk for 12 miles.  Usually by the 7th or 8th mile, I was feeling it.  Hubby was in the army with me at the time, even though we were just friends back then, but he would walk behind me and lift up on my rucksack, essentially taking the weight off my shoulders for a short while.  Having the truck note go down from five figures to only four figures feels about the same way.

Has anyone else felt the same way?

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13 Responses

  1. mbhunter Says:

    Great job! Keep at it!

  2. debtdieter Says:

    Congratulations at hitting such an important milestone, you must be thrilled!

  3. green3@gmail.com Says:

    Yeah!!!!

  4. Ana Says:

    Thanks y’all :) And yeah it does feel good to say we have LESS THAN $10k in debt to pay off!

  5. Krista Says:

    That is a huge accomplishment! Great job! Can’t wait to join you in the “less than 5 figures” club. :)

  6. paidtwice Says:

    Congrats!!

    I love those milestones. It’ll be years til we hit that one but I am very excited for you!

  7. Clever Dude Says:

    Congrats. I’ve never had the feeling because even though we’ve gotten rid of debts, I know we still have a whopping mound of debt left.

    Only when we get the last loan down to 4 figures(whether it’s my truck or a student loan since we don’t have credit card debt anymore) will it seem real. Right now we’re at just under $50k (not counting the mortgage of course. That’ll never get paid off).

  8. Ana Says:

    CleverDude…that’s my point :) This IS my last non-mortgage debt! Just knuckle down and knock it out…you can do it also!

  9. Erin Says:

    CONGRATULATIONS!!! That is awesome, I can’t wait to get to the same place you are in.

    (and as a side note: I love your “zero dark stupid”. Yep, I remember all those “zero dark 30″ PT runs and trips to the rifle range. fun stuff….

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  13. Jeremy Says:

    I just wanted to say what a nice gesture that was for your future husband to put your load on him. Rucking is never fun. Give him my reguards

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