Balance: $0... Finally!

I already told you I paid off 25% of our debt last week, but for me, the most exciting thing, was logging into my online account and seeing a balance of $0.

We still have a long way to go to get out of debt, but knocking one debt out is a step in the right direction.

I logged into this account every day for three days in a row. It took a long time for the payment to post. That always irks me: banks take your money as quickly as possible, but they take a long time to actually give it back to you; purchases post almost immediately, but payments take several days.

I was super happy to finally see a $0 balance!

My only fear is that I'm going to have to make another interest only payment next month. I called the customer service number on the back of my card and asked for the payoff balance. The customer service rep told me the balance on my statement was the balance due.  Then when I actually went to the bank to make the payment, they said the same thing. I'm hoping they were both right, but I'm fearful that they aren't. I've told you before how we got out of debt the first time. Well the first time I thought we were debt free, we received statements the following month with money due... interest on the interest, essentially, because interest accrued daily. I'm hoping the same thing doesn't happen this time. I'm hoping we really are done having to pay off that credit card.

Now that one card has a $0 balance, we have one left to pay... We are going to work very hard to pay that off while still having a little bit of a life.

My credit card debt free goal was March 20, with a possible extension to May. It doesn't look like we are going to make the first date and probably not the second, either, but we are going to try.

Life has a way of happening and changing our plans. We've has some very unexpected expenses come up in the last week and once I'm a little more removed from them, I'll fill you in on what happened and why they might possible interfere with us meeting our goals.

I was still very excited to see a $0 balance and now we are going to work towards paying off the other credit card!