Sigh…..

I know I sounded upbeat yesterday and I really felt it. I even felt upbeat this morning as I thought about how I could really kill my debt. I know….I will take money out of my 403(b) account, and even if I end up paying penalties and taxes, it’ll be worth it to beat that Big Daddy loan to debt! Right!! Right??! Right? (This last one was said with a questioning tone.)

I called Vanguard who handles my 403(b) account, and nope, what I want to do – take out my own money, to pay off my own debt, is not allowed by the plan. I understand the reasons why, but what a way to take the wind out of my sails…

Yes, I was willing to take such desperate measures. As anyone knows who has ever tried to get out of debt, of whatever source, at times, it feels hopeless. Like it’s never going to end. I think to myself, “I’m 41, I’m working 2 jobs plus a freelance job and I still feel like this debt will ALWAYS be hanging over my head. ALWAYS.” If I were to add up all the payments I have made over the years, I would get really depressed. Probably to the point of being catatonic. When you have a loan that was $71K in 2001, and after paying about $500-760 a month on it for years and years and years, and still seeing that it now has a balance of (and I mean, NOW), over $75K, well it gets a bit freaking depressing.

One person has said to me, “well, we all signed the promissory notes and didn’t have guns to our heads.”  Yes, this is true. I just wish I hadn’t been such a moron back then. Or that I would have liked the career enough, on which I spent all that money, to stay in it so I would actually (hopefully) be making a bigger salary that would have allowed me to pay off the loans faster. But you can’t force yourself to love a job which makes you miserable. And you can’t force an employer to pay you more money for a job that requires you to have more degrees than just a lawyer, because it requires less hours. So it’s a tradeoff. I make less money than the big hotshot lawyers, but I have a life. Or at least, I try to. In between working three jobs, that is.

And, I have learned, you can realize you don’t have to do what everyone else does in life just because it’s what you are supposed to do. But you do have to pay back those damn blasted  loans, because guess what? They are the ONLY type of debt you can’t get rid of in bankruptcy. (Thank you, Congress. And thank you, President Obama, for trying to put a cap of $57,000 on the amount of student loans that can be forgiven because of working in a public service position. That’s like a drop in the bucket to most students graduating from school these days. And yes, the jury is still out on whether or not my loans qualify for forgiveness, even after ten years, which wouldn’t be until 2017 anyway.)

Ok, my ranting is done. I know I usually try to be more positive than this. But it’s been a very gray and dreary day out, and the weather forecast is looking like it is much more of the same for the rest of the week. The grayness and cold are just getting old.

Thanks for reading, folks, if you have gotten this far.

Getting Rid of My Debt, Part 15

Sebastian and Osito. As soon as I picked her up, he moved right over into her space. :-)
Sebastian and Osito. As soon as I picked her up, he moved right over into her space. 🙂

 

Of course this post had to begin with a cute pet photo! I’ve never seen these two be so close to each other!

Been a little bit since I’ve been able to give an update, but I promise this one has been worth waiting for!!

May is the month I’ve been waiting for all year!! Yeah, baby….it’s the first 3 paycheck month of the year! And I have a plan for those extra dollars – they are going to go straight to my private student loan.

Here’s how the debt is looking as of now:

LAL Loan: $17,401.24
Simmons Loan: $23,620.04
Big Daddy (federal) loan: $75,390.94

Total balance: $116.412.22

My last payment on the LAL loan was made on April 16th, for 167.11. That’s my regular monthly payment now. Of that, $151.56 went to principal with just $15.55 going to interest. Before that, I had made a payment of $433 of which $410.31 went to principal and $22.69 went to interest. I remember the days when that loan was nearing 8% and when most of my payment went to interest rather than the other way around.

So what’s my plan? Well, here it is:

Paycheck of 5/2/14: $1133 EXTRA to LAL loan (this includes the usual $433 extra that I pay on the loan, plus $700)

Paycheck of 5/16/14: $130 EXTRA to LAL loan, plus the usual regular payment of $167.11, for a total payment of 297.11 – ok, now that I look at it, I need to make it an even $300, or that’s gonna drive me crazy!

Paycheck of 5/30/14: Let’s say an EXTRA $100 to the student loan.

I want to try to pay more at the end of May, but I know with that paycheck, I’ll be attending a conference in Providence for four days that is held by Perform Better. I need to leave myself money and time to take either the commuter rail or a rental car. It’s looking possible to do, however, with the commuter rail, which will save me a TON of $ over taking a rental car there. It’ll be some long days but that’s ok. It’ll be worth it.

So, that comes to a grand total of $1533 to be paid on the loan this upcoming month of May. WOW. I sure hope I can turn that into a reality. That would definitely bring my loan down into the $15K range – woohoo! Not bad considering it was almost $21K back in September, and in the meantime, I’ve really increased my savings and also paid off a personal loan of about $4200.  (See the numbers below.)

Sept. 2013:

Personal loan: $4,211.42
LAL loan: $20,939.94
Simmons Loan: $23,620.04
Big Daddy (federal) loan: $75,390.94

TOTAL BALANCE: $124,162.34

Just think – it might be  more than $10,000 of debt I’ll have paid off in about 9 months if I can do this!! And saved more than I have ever saved before. The work is paying off. I’m proud to say that as of now, I have more saved than I ever had saved before, even when I was married. 🙂 [Of course, some of it is being saved for next year’s taxes for my freelance work, but hey, let me revel in this goal, ok?!)

Wow. I just reread this post and thought about it. I have spent more in the past month than normal, due to my friend being in town for the marathon, and having bought some new sneakers (the beautiful Hoka One Ones Bondi model), plus I have bought some sports nutrition products through a company called Vega. The products are all plant-based, so I’ll let you know how they work out. Just part of the marathon training program.

I’ll give everyone an update once these payments hit the loan account and I can see how  much goes to principal vs. interest, etc.

DIE, LAL Loan, DIE!!!  (Picture me saying this while brandishing a sledgehammer!!)

Anyway, if you have liked this post, please hit “like” below or subscribe, and thanks for reading!

 

 

 

First “Long” Run is in the Books!

I use “quotes” around the word Long in the title because hopefully soon it will feel like just a warmup. Today it felt like just a regular run, with one exception. It was the FIRST of my new marathon training Saturday runs!!

Some of you know I used to write a running blog at Middle-of-the-Pack Girl (yep, it’s still up) and I started that when I was running again on a consistent basis. It was a blog I kept to keep my family informed of what was going on. Before long, I had met some other runners online and we started cheering each other on with our running goals. Mine soon became to run a marathon, which I did, back in October 2008 (Maine Marathon.)  Today, I felt like my pace would have made me more Back-of-the-Pack Girl, but unlike 6 years ago, I didn’t let that bother me. It’s weird, the emotions I felt today getting ready to run, and during the run. Read more

Little Things for Which I am Thankful (yeah, really not so little…)

It was a busy, but wonderful week. I can’t believe it was a week ago that I picked my friend Lisa (Mom to Marathon) up at the airport so she could stay with me and run the Boston Marathon! We had such a great time and even though we started as friends online, 6 years ago, in ways it feels like no time has passed, and in others, it feels like I’ve known her forever. Know what I mean?

So much to be thankful for this week!  If there’s anything you are thankful for, please drop me a comment below!

1. My friend, Lisa, finished the marathon!!! Now, normally this isn’t a big deal. She’s a great runner and has a strong will so if it’s within her power, she will always finish. Last year, however, it wasn’t within her control, due to some a-holes setting off bombs near the finish line.  So, this year she got to run down that wonderful stretch of Boylston that they had stopped her from doing last year. She told me it was one of her slowest marathons ever, but her face hurt from smiling so much. I was sooooo happy for her!

2. I had gotten to the point at work last week where I could just tell I needed time off. Whenever I start to feel like students are “grabbing” at me (for lack of a better word), I know it’s time for me to be out of the office. I mean, being here to answer questions is basically my job, so when I don’t want to do it, I know I am getting burned out. I can’t think of a better way to have spent those few days out of the office than with a good friend. We went to Castle Island down in South Boston, right on the water, on Tuesday. It was a gorgeous, sunny day. We took little Osito with us and of course, we were stopped by many children and adults alike on the way, who kept cooing over her and her cuteness. 🙂 I mean, she was in her summer dress – how could you not?? (Laugh if you will, I love that little girl and she totally doesn’t mind being dressed up.)

3. This was the week I decided to train for a marathon this fall. My second. I’m a bit nervous about my body being able to take all of the stress of the pounding, so I’m going to really pay attention to it along the way. I’m thankful for all the support I’ve received from everyone since deciding to go for it again. I’m especially grateful for having such a wonderful brother who has agreed to be my coach and put together a program for me.

4. I am thankful for having found a brand of sneaker called Hoka One One. Without them, I thought I would be relegated to no longer running races of even 5 miles. Thanks to them, I have felt so much less back pain this week and even been able to run a few days in a row. They have so much cushioning that they have been able to absorb a lot of the pounding for me. Wish me luck for the 5-6 miles I will be logging tomorrow. For right now, it’s my longest distance I’ve run in a while. It will soon be eclipsed.

5. I am so so so so thankful for my chiropractor. He’s given me such great advice and exercises to use and I am feeling the difference every day. I used to feel like my body was that of an 80 year old woman with the constant back pain. I no longer feel that way.

6. My mom got engaged this past week. I’m really happy for her. The guy she is with now is really great and treats her with such respect and admiration. It’s clear he is really in love with her. She deserves to be happy.

7. A photo is worth a thousands words! Tookie, the cat in the picture below, was my foster baby for about 7 months. His mom just sent this picture to me this week – the dog, Po, is now Tookie’s bestest, bestest, bestest friend in the world! Clearly, Po feels the same way about him as he’s letting  Tookie eat his food!  I am not sure Tookie would have been put up for adoption out of the shelter due to his elimination habits, so I felt so happy when I saw this photo and know that his mom is still totally committed to him, quirks and all.

Tookie, my former foster baby!!! (He's the cat, by the way.)
Tookie, my former foster baby!!! (He’s the cat, by the way.)

I must have lost my mind somewhere….

Because no blog post is complete without a photo of one of my cute animals, here you go – it’s little Osito in a summer dress!!

Yes, I am that person who dresses their dog in a dress.
Yes, I am that person who dresses their dog in a dress.

 

Drum roll please….. I’m going to train for my SECOND MARATHON!!! That’s right, only 6 short years (note sarcasm) after the first one, I’m going to do this to myself again. You all know I live in Boston, and well, it’s a crazy-for-running town. Seeing my friend Lisa and so many others finish it this year and the FIRST AMERICAN in about 30 years finish first in the men’s race was just so inspiring. Read more

Little Things for Which I am Thankful: Learning to Accept

My boys....so predictable...but I love them!
My boys….so predictable…but I love them!

Or should I say, the theme for this post is learning to accept.  (I’ll get to the point after taking a very short tangent below about this weekend.)

It’s going to be a very busy weekend with my friend Lisa who is also known as Mom to Marathon coming into town to run the Boston Marathon this Monday. If  you know of her, you know she was stopped on Boylston Street last year. Thankfully, she ran with her phone and we were able to find each other. Personally, I think she was going on adrenaline most of that day because she was still “going, going, going” later on that night, even though after running all that way she still did a ton of walking with me since the T was shut down and cabs were pretty hard to come by.

I’m grateful for my learning how to accept a few things this week, or at least learning how to accept dealing with certain things.   I’m going to forego the usual list for today, and just write about what I’m grateful for–I hope no one minds.

You may know that I take anti-depressants. I have for the past 3.5 years since my divorce. They have greatly helped me out and I admit, when I started taking them, I thought that they would be a temporary part of my life. You take them, you work through them, you wean yourself off of them, and then you’re all back to “normal.” However, once you have had a depressive episode in life, you are considered 50% more likely to have another one. And if you have had two depressive episodes in your life, your odds increase to something like 85%. I’m in that second category as I know now that I was must have been clinically depressed as a teenager. So, I should stay on them as maintenance medication.

Earlier this week, I mentioned to someone how I thought about still taking them. She suggested I look at them as the same as someone who takes high blood pressure medication, or medication for a hyper thyroid. It’s something that person has to take to keep them functioning biologically correctly and efficiently. The difference between the two is the stigma that gets attached to anything dealing with depression or problems of the mind.

So, I’m learning to accept that I may be on them for a good portion of my life. But that’s ok, because honestly, I like who I am as a person now, more than I ever have before. I’m so much more comfortable with my life. The few times I have tried to cut down by one pill or so, for some reason, I just haven’t felt “right.” So I will be sticking with the plan of medication.

I have also come to realize that most likely my tiny house will be an RV, and most probably, a motor home. This doesn’t mean that I am giving up on the dream of a tiny home. It just means the form of the tiny home will be something manufactured. But I will make it my “own” don’t you worry. The reason I say this is because the cost of tiny homes when made by someone other than yourself, just seem to be skyrocketing as they catch on with more popularity. Because I would be a single woman traveling, a motor home just makes sense for a number of reasons: safety, not having to hitch and unhitch every time I travel anywhere, and also because of my animals. Having a travel trailer would require me to need the help of a second person to hitch up, and also my animals would have to travel in carriers in a car. I already know one wouldn’t make it out of town before puking or peeing himself in his carrier. It just wouldn’t be pretty.  My plan is to not move around all the time like a “snowbird” because God knows, I would need a job! And I would likely keep it in one place most of the time. But it would be nice to know that if I did travel someplace for the weekend, I could take my whole “fur family” right along with me.

And before you mention it, yes, I know those things are hard to drive around in all the time. That’s why I would probably buy a scooter, which if I had to tow behind the motor home, is much easier to attach than say, a full-fledged car. And, they are much more efficient on gas, thereby saving me money.

Since accepting this is probably my path to tiny living, I have felt a sense of relief, honestly. I don’t like dealing with, or I should say, I don’t do well dealing with, uncertainty. I have tried to “control” it by feeding it with information, but someone suggested that I just acknowledge the fact that uncertainty to me sometimes brings anxiety,  and think about ways to satisfy that anxiety.  (Feeding it information is one of those ways of satisfying it.)  So now, the focus is on the word “satisfy” rather than “control”. It has a  much better connotation, don’t you agree?

Anyway, I’m sure I will have a lot more to write about next week after the Marathon on Monday, complete with pics of elite runners, I hope. (Did I mention that I live on the route?? It’s SO convenient!) Have a great weekend, everyone!

 

Little Things for Which I am Thankful

A sure sign of spring - Baby O is wearing only one layer!
A sure sign of spring – Baby O is wearing only one layer!

For some reason this week, I have felt pretty tired most of the time. I even slept in an hour later this morning than I normally do and decided to take another day off from working out. We had a pretty grueling workout with my training small group the other day so I’m giving my body some time to recover. My workout yesterday morning was pretty crappy. I guess as you get older, you get smarter. Or at least that’s the way I’m rationalizing my decision to not work out this morning! Read more

Little Things for Which I am Thankful

Sorry folks, but yesterday got away from me and I didn’t have a chance to get this post written. But overall, I think it was a good week.

1. My friend who just had twins a little while ago (they came early at around 7 months) just told me last night that they are coming home from the hospital this week – yay! I’m so happy for him and thankful that they have been doing so well. For being born so early, they were in really good shape. I’ve seen pictures and they are just too cute (and tiny) for words! His wife continues to do well, too, and having just seen a picture of her online this week, I am wowed at how she looks already!

2. This week we finally hit the 50s, temps-wise. Tomorrow should be in the high 50s. Get out the bikinis! (Just kidding, but I wouldn’t be surprised if I see something like that from the students who live down the street.)  It’s finally feeling (most of the time, anyway) like spring, or at least like winter *might* be going away. Osito and I have gone out on a few walks and she’s super happy about that. I’ve been able to go for a few runs around the Charles River in the mornings and even rode my bike to and from work the other day! I really love that ride along the Charles River paths – it’s my quiet time all for myself.

3. Figured out all of my bills from this paycheck and found I had $163 left over for food for myself and the *herd* as my ex-boyfriend used to call my animals. I guess my mindset has changed. This seems like a lot of money to get me through two weeks! And it’s that amount because I was able to make an extra payment on my private student loan of $433 so that my payment in total for this month is $600. Sticking to the plan and am glad that I am able to pay extra on the loan. Not everyone can.

4. Starting to train more of my friends these days and with every session, I feel like, “yep, this is what I want to do.” I have let the animal shelter where I volunteer in adoption know that I have to cut back on my hours to being more of an occasional volunteer than a weekly volunteer and they were very gracious about it. I just really need to focus on studying for that certification test. And I’ve just signed up for an online anatomy and physiology course through Bunker Hill Community College that will start in a few weeks in order to help me understand a lot of the concepts better. With the freelance work continuing, I’m going to be one busy girl!

5. Speaking of freelance work, I was able to finish another chapter last Sunday! I just really wanted to get it done but do a good job on it. Over 40 hours of work on it! Figuring out how much of that will go toward my student loan and how much will go into my tiny house/land fund!

6. I came across a website the other day for a fiberglass RV that is pretty awesome, and I keep picturing it in my mind when I think to myself “do I use this? Does it have purpose in my life? Should I try selling it on craiglist?” It really helps me to focus on what is important, and it has spurred me on to getting rid of extraneous stuff in my life. It’s called the Lil Snoozy! Regardless of whether I end up in an RV or a tiny house, I’m thankful for this new attitude of having enough abundance in my life and not always feeling like I need “more, more, more!”

7. One of my favorite authors and tiny-housers, Tammy Strobel of Rowdy Kittens, has made the kindle version of her new photography book, free this weekend! Go here to get it!!

Again, apologies for the lateness on this post but hey, better late than never, right? 🙂 Have a great weekend, folks! And if you’ve liked this post, please hit like below or subscribe!

 

 

 

 

Little Things for Which I am Thankful

Although I was quite grumpy this morning, I do feel like this was a good week, overall. Feel like I am writing from a place of abundance, you know? (I just wish I also had an abundance of time to get everything done that I want to do!)

  1. Finally found out what is wrong with my stomach, and the good news is that it is totally fixable. I have something called diastasis recti, which is normally something pregnant or post-natal women get. Or, you can get it from doing exercises incorrectly. I think a large portion of my problem with the tummy and also my back pain is that I breathe incorrectly. I don’t breathe properly through my diaphragm like you are supposed to. So, in a way, it’s good that I have this problem. I’ve thought about having my target audience of clients be middle aged women, who will likely suffer from this problem. Consequently, it will give me more insight into their problems and how to fix it.
  2. I am taking an online course about planning your way to mortgage-freedom. The teacher is quite hands-on, which I absolutely love and the class is very involved in the discussions. We have a lot of writing to do on our own, and we can share with the group if we want to. I think it’s really, really helping.
  3. I started training another friend this morning. She calls herself a founding member of the Chubby Buddy Club, lol.   I am grateful that she’s willing to put in the time with me, and also that I am finding I really love helping people feel better about themselves through exercise and fitness overall. This tells me I am on the right path in life.
  4. It is finally, FINALLY beginning to feel like springtime with temps expected to rise to the 50s. It’s not a moment too soon, believe me.
  5. I am hoping to finish yet another chapter for my author this weekend, which always makes me feel good.
  6. I have some really good friends in this life who have been keeping me focused on my goals and dreams, and they always help to pick me up when I start getting frustrated that it’s not happening soon enough.

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Getting Rid of My Debt, Part 15 (Gaining Some Perspective on Looking Forward by Looking Back)

Yesterday, I had a few good talks with people whose opinion I trust. One is a friend who has known me for about 10 years now, and she’s always been one to tell me straight on things. She doesn’t sugar coat things, and that’s one thing I really like about her. I asked her if I was thinking about things in the wrong order – looking online at RVs and tiny houses, trying to figure out where to live, etc., without finding a job in those locations first. She thinks I’m narrowing my options down too early and also, most importantly, that she didn’t want me to give up on my dreams of a tiny house, or as she put it “half ass my goals.” And I respect her for that. She fears that RVs just are not meant for longevity, living-wise.

Then I talked to my financial adviser tonight.  I really looked forward to this meeting – what a change from a few years ago when I used to be depressed at my situation.

Read more