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Archive for August, 2017

August Debt Payoff Update

August 19th, 2017 at 07:00 am

July was such a busy month for our household, I did not get a chance to post.

Debt Update:
We finished paying off CC#4 entirely, Woohoo! We will begin focusing our efforts on CC#9 before the promotional balance transfer rate expires. My annual review is late so any retroactive pay from my increase will go toward CC#9 as additional payment.

Personal Update:
I have completed 12 credits out of my 35 credit MBA program. Work has not slowed down and I have been accelerating the pace of my MBA program. I'm not going to lie, I am very tired and fatigued. I am taking almost an entire month off work soon, so I will rest during that time. We have some travel lined up soon. Denver for 24 hours in September then a Baja cruise in October. All is cash funded and none have been put on cards, I'm really proud of our efforts.

I have been keeping my eyes peeled on the labor market and it seems pretty good for my industry at least in California. The additional responsibilities and experience I've received over this year coupled with my MBA, should yield me an increase of at least 30% when I transition to a new company. I am beginning my strategic exit plan for this and so far it looks promising. We will see.

That's all I've got so far. I hope my posts thus far have been somewhat inspiring or motivating to those lurkers out there afraid to take the plunge and commit. I promise it's hard but totally worth it!