It's been a big last few weeks for us! We opened a $10,000 envelope which means we've paid off $10,000 of student loan debt since January 1, 2012. It was a huge milestone for us, we kept looking at our refrigerator and having to remind each other that, we've almost paid off $10,000 this year!! It was a strange but great feeling. The note inside the envelope told us to turn in the change from our change jar and cash it in for a date. Usually that's a pretty good chunk of change...except we recently used some of it to wash both dirty cars! We scraped up around $18 in change and went to see the final Bourne movie in a theater with leather recliners! It was a much needed night out together.
Ethan is now a 2 year old! He is also learning about money now that he's so big. Ethan has 5 chores that he can do to learn responsibility in our family and when he completes one of those chores he gets a sticker on a chart. After all 5 chores are complete he gets to put 5 pennies in his bank. We like it because it's a good way to get him to help out the first time asked and he also works on some fine motor skills by putting pennies in a slot. As he gets older these 5 chores will be ones that he will do without pay because he's a part of our family and then do some more challenging chores for a commission. Pennies work great since he has no concept of the value of money, we just want him to get excited about helping out.
YTD Debt Pay-off: $10,027.33
Total Debt Pay-off: $34,027.33
