In two years from now, we should be doing much better financially. I’ll be done with my huge car payment, done with my small car payment, done with my travel trailer payment, and (I know this sounds mean but I can’t help it) we’ll be done paying child support/boarding school for my husbands daughter from his 1st marriage. Yeah, my step-daughter goes to boarding school, her mother claims she’s “too fat” to go to regular high school, the poor girl isn’t even fat just big boned. Besides, just how can a kid be “too fat” to go to public school? We are stuck paying more than half the tuition for boarding school but we only have two more years to go!
In two years my credit card debt will be much lower, I’m guessing it’ll be around $25,000. Once I get done paying all my vehicle payments and the child support I should be able to pay off the balance in less than a year. Then I’m going to save money for an all CASH vacation! After struggling for years with all this debt I think it’s about time we have a little fun.
In three years when we’re debt free I plan on saving money for a kitchen remodel and new flooring. I can’t wait to get rid of that 70’s Formica counter top of mine and my carpet has been shot for years. I plan on ripping out all carpet, except for what’s in the bedrooms and laying down either laminate or tile. With living out in the country with lots of farm animals, lots of animal poop, dirty feet, and muddy boots, carpet does not really work for us, I need something that’s easy to clean.
I can’t imagine what it’s going to feel like to actually have some money instead of seeing it all go out every month.
Oh and I almost forgot - I’ll finally be able to get a few miniature horses! I think they’ll come before the kitchen remodel. 
{ 4 comments… read them below or add one }
Chris 07.05.08 at 8:19 am
Good luck with your plan to become debt free. Two years ago I had about 40,000 in credit card debt. I continued to make some bad decisions and in April of this year I had hit $75,000 in CC debt. I am now shelling out more than $1500 a month to credit card companies on top of a $500 car payment. In the last 2 and a half months, I have paid down almost $3000 in credit card debt. I just pray that I can keep up at this pace.
messy 07.05.08 at 10:09 am
Hey Chris - I wish you luck on your debt free journey too! It’s amazing how fast the debt can add up isn’t it? Can you imagine what it’ll be like when we can keep the money that’s currently going out to the CC’s & auto payments every month? Life will be even sweeter!
jd 07.05.08 at 2:09 pm
How about dumping one or both cars and get some beaters so you can knock out the cc debt in less then 3 years
messy 07.07.08 at 8:32 am
jd - That’s a great idea. I know ditching the car payments would help me become debt free faster but I want to have my cake and eat it too.
I’m sure we are upside down on the big car payment. Suburban’s aren’t worth what they used to be. Even if I wasn’t upside down on the Suburban, I really can’t get rid of it, we have a large family and it’s the only vehicle that seats everyone. I’m making an excuse, I know because I could drive a beater van but living where we do, I HAVE to have 4 wheel drive.
My smaller car payment has a balance of about $10,000 or so for a 2005, vehicle. I’m hoping that I’ll be able to pay it off with my 2008, tax refund.
I’m full of excuses.