Monday, March 23, 2009

Next Tiny Mortgage Step

You all know my big mortgage goal- to pay off the mortgage in 1 year and 8 months. But the in between times can get boring. I have to wait a whole 30 days between payments! Oh poor me :(

The last 2 payments have been made after my second paycheck for the month because my accounts were so low after the house re-hab fiasco. My next mini-goal is to be able to make my extra payment at the beginning of the month again like I used to do last year.

I think this plan will work for April. April 1st and payday are both a week from Wednesday. If I get a rent check on time (I am very optimistic) I should have enough money in the bank to make my extra payment on April 2nd. This is exciting because it actually takes a month off of my mortgage plan. If I can keep paying at the beginning of the month then my last payment will be at the beginning of November 2010 making that last month a very short (2 day) month.

Anyway, just some mind games to keep me motivated. There are so many other things that try to grab my attention and my money. It is amazing how many 'deals' pop up right before I make a payment. I must stay focused on the mortgage!

6 comments:

Over the Cubicle Wall said...

You seem about as focused as they come. If I was one to gamble, I'd bet the house on you getting the mortgage paid off in less than 1 year and 8 months.

Daizy said...

There is temptation every where...the camper, a jeep, a trip to Hawaii...what else will try to get my mortgage money? Oh, yes, and then there are the really low mortgage rates right now which make getting a construction loan very tempting...ooo...and how about digging a well? I need to stop thinking about this!

change is a good thing said...

Great work! Isn't it exciting to see that balance decrease?! I love coming and checking your progress, it's so inspiring!!

Daizy said...

Thanks Change Is A Good Thing! I love seeing it drop too. I just wish I could do it faster! I know, I'm impatient.

Lizzie said...

Yaay, weekend! My favourite.
How are you doing with ebay and Craigs lsit? I dont think sales are so good there at the moment either.
Glad it is going so well.
Lizzie

Daizy said...

Hi Lizzie, ebay and craig's list are not doing much right now except when I sell stuff cheap like my washer and dryer. I think I'll give some stuff away this weekend. It's more rewarding.