Time for an update on our Total Money Makeover! In July, we paid off the minivan (yay!) and thanks to an extra pay period, were also able to send a good sized snowball to our last debt - the HELOC. I never really paid much attention to the psychological aspect of debt. But it felt so liberating reading the letter that accompanied our van title stating the lien had been released. Freedom!
Since paying off the van, our debt snowball has really gained momentum! For the last two months, we've been able to send one of my paychecks entirely to debt! In a way I feel like this is just one step closer to our goal of not being dependent on two incomes. And with Dave's extra pay period in October, we anticipate having the HELOC paid off by December - fingers crossed!
Even though our snowball is pretty healthy, I've been looking for ways to bring in a few additional dollars. Since my time is limited with work and home, my focus right now has been on small money makers. The Caregivers Marketplace is a consistent source of rebate funds since I buy diapers weekly. I've also started doing paid surveys and product testing as well as Inbox Dollars, which pays to read emails. As Money Saving Mom cautions, you will not get rich by doing any of these things. But combined, those dollars do add up!