There is light at the end of this long tunnel
Posted
Friday, February 29, 2008 5:23 PM
FINALLY!!!!!!!!!!!!!!!!! We are on our way to finally being able to save money for our wedding. It was a long and painful process, with many tears on my part, but it's finally looking up for us. 
First, though, his truck broke down last week on our way back from his parents house (they live an hour away) last Monday night. The last 30 miles took us almost an hour to get home. The truck still ran, but we parked it after that.
Tuesday, I had to get up earlier to take him to work; he then had to leave early to take me to my other job. 
Wednesday, I took a personal day to take care of business with the truck. We had it towed to the dealer (he already knew what was wrong). I went to his work for lunch, went to my school to have rehearsal with my Advanced Band 
, went back home, started my first online class 
, then went to pick him up. The bad news: while we only owed 3000 on his truck, the repair was estimated at 6500. 
That night, we dug up a loan application that I had received in the mail from Upromise. 
They approved us for a loan and the relief was immediately felt.
Now it's the end of the 2nd week. The loan money is half gone on paying off his truck and the repairs. Not to mention some of our credit cards as well.
Before anyone thinks that we'll never get out of debt now because of this loan, think again. The loan is enabling us to pay off credit cards and his truck. This frees up about $1000/month between the two of us. But since we will now have the loan, we still will have quite a bit of money freed up once we start the payments in April. We figured it all out before we applied for the loan. We were VERY cautious with our plans and knowing that we were approved made a big difference. We will still have money left over once all the bills are paid off, but we don't plan on spending that. We talked it over again last night and we are looking to see where we stand with the loan and the bills we want paid off. 
Do you have any idea of how great it is to pay off the balance on credit cards? Especially ones that you haven't used in years and don't even remember what it was that you bought with them. 
This has been a good blessing for us. 
Happy planning!! 