This page may contain affiliate links. Please read my disclosures for more info.Hi friends! Happy back to school for all my readers in school-mode. It’s time for my August 2018 Debt Payoff Report. I’m putting together this report this week while I’ve been snacking on all the great Palisade peaches our area has. In usual Debt Payoff Report fashion, I’m sharing some of what happened in our month, finance faves from around the web, and goals for September. Heads up: This page may contain affiliate links. You can check out my disclosures for more details.
August 2018 Debt Payoff Report: What happened in August?We paid off $2,779, so our balance sits at $72,357. August was a great month, all things considered. Some of our month’s highlights were:
- Birthdays! Terin turned ONE! Gaahhh. I turned 27.
- I invested in two amazing blogging resources to become a better blogger. I plan to share my thoughts on them soon.
- Also, we enjoyed pool time and hiking near the Colorado National Monument with friends.
- Current balance: $72,357
- 20 months along
- Total paid off: $57,717
- 44% complete
- We’ve shortened our loan by 17 years, 5 months
August’s Finance FavesI finished Cait Flanders’ The Year of Less book and thoroughly enjoyed it. The book is a memoir of how one woman gave up 70% of her belongings and took control of her finances, health and work life. She talks about the human experience so many young women face. I think her book is a MUST READ! The other book I’m just beginning to read is The Magic of Thinking Big. It comes highly recommended from Mr. Money Mustache, one of my favorite writers on retiring early–as in your 30s. So far, it’s a slower read and kinda quirky, but timeless.
Also around the personal finance innerwebs
- A way to build wealth outside of your net worth.
- A fascinating infographic of how money markets compare around the world.
- How to optimize your taxes with the new tax regulation changes.
- Fun food hacks I’d never thought of before.
- A quick tip for house flipping in winter.
Goals for SeptemberRather than rest, we’re working to payoff our mortgage before I turn 30. So, we’re going to keep pushing each month to pay off as much as possible. A few of our September goals are to:
- Get our mortgage’s balance out of the $70Ks!
- Write 4+ blog posts and implement what I’m learning from the courses I’ve taken
- Stay in budget while out of town for another wedding