Wow! So very very grateful, my husband's paycheck is actually increasing despite the increase to the payroll tax. It helps that he effectively received at 3.7% raise this year before taxes. After taxes and an increase to his TSP, we still have a net increase to his paycheck of $61.21 per paycheck twice per month.
I have one week to figure out how to divide up the net paycheck towards our goals. I debating between one goal at at time versus several goals throughout the year. It really comes down to my/our preference and how we would feel about waiting on the truck payoff for example. Don't worry though it will be paid off by year end!! I'll write all about it once I have the plan.
I intended to get some ebay items up this week, but it probably won't happen until Sunday. I decided my priority project is going through our paper and computer files. There is plenty to shred. Plenty of files to delete. I have new paper files to create...something about moving necessitates a few more! Paper sorting is one thing I do deeply nearly every year. Do you have a yearly date with your files? Any tricks or tips you want to share?
Paycheck Increase
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That having been said, if you've actually "turned the corner" on debt/borrowing, and are now disciplined enough, you can actually pay them all down simultaneously. You can try to get them all to disappear on the same date if you like. I think I'll christen this method the "dinnertime debt reduction," in a nod to its similarity to the concept of a chef trying to get all of the food items to the table hot at their peak of freshness.
Imagine the looks of folks when you say, "I paid off my truck, my credit card, our HELOC, DH's credit card, our RV, and the house this month."
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