Tag Archives: compound interest

Progress Report: December ’13

Day 245 | $16,794.50 paid | $55,281.08 to freedom Merry Christmas Eve!  And a late Happy Festivus!  Let’s air some grievances! Car repairs.  I hate car repairs so much.  In the last month I have spent $300 on my car.  … Continue reading

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To Pay Weekly or Monthly?

I mentioned I was going to switch to a weekly loan pay-off because it was mathematically a better move.  I received this comment yesterday: I’m wondering what kind of formula you used to determine that you would pay off your … Continue reading

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Under 60k suckas!!!!

Baby steps, but man that feels good.  Progress slowly but surely.  I made the switch to weekly loan payoffs (letting compound interest work in my favor) this week which means I didn’t have to wait long to see the balance … Continue reading

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It Doesn’t Hurt to Ask

I work at an independent school.  That means that my salary isn’t set at some schedule with publicly known increases according to experience, education, etc.  It also means that other financial stuff is a bit more negotiable.  I’m not talking … Continue reading

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Changing the Game Plan: Weekly Loan Payments

I feel stupid for not realizing this earlier – I’m a math teacher after all.  However, the more I thought about it, the more it makes sense.  Creditors aren’t going to encourage you to make payments more frequently.  That would … Continue reading

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