Don't get any ideas, kitties. Mom likes this feeling

[missdiane]

Just called PNC to stop the automatic payment on my personal loan and PAID IT OFFFFFF. WOOOOOOO!

Now I gotta figure out how to put more in my retirement plan and will be tossing more in the savings each month. Goodness knows these days it's dangerous to try to rely on having Social Security in my future. Maybe one day I'll have enough to buy a place but boy it feels good for once to only have rent, utilities and living expenses and NO other debt.

Comments

[vysila]

Congratulations! That is an amazing accomplishment. I hope you enjoy that feeling of freedom for a very long time!

[missdiane]

Considering that I am a worrywart, I’ll just wonder what shoe is going to drop 😂

[halfmoon_mollie1]

that's wonderful. A great feeling.

[missdiane]

Thanks! It would be ideal if I owned a home or could afford to bring my parents here, but I will absolutely take what I can get for now

[threecee]

Hooray for you! Being out of debt is a great feeling!

For increasing savings: what you were paying PNC was money you didn't have to spend, so it won't hurt to keep not spending it. Try setting up an automatic payment to your retirement plan or recurring transfer to your savings account for the same or almost the same amount. That's what I did when I paid off my college loans and it added up over time.

[missdiane]

I’ve been having $100 transfer in the middle of the month from checking to savings for years so that has build up at least a little something which was helpful when I needed to get John John that major treatment. I’ll be able to increase that a good bit. I need to figure out how to do the retirement thing out of my paycheck directly to TIAA-CREF so that it’s pre-tax.

[bluecatartist]

I am proud to hear this! Good for you. :)

We are retired on Soc. Sec and man, this attack on it makes me feel sick. I don't know what is going to happen in the future, if we will live long enough to experience cuts or what. We have a retirement thing but it is not enough to live on. Bc of how jobs and employment were or were not for a while, husband has to work age 71. Not the retirement we thought we would have by far. *sigh