Special Announcement

I’M YELLING FROM THE MOUNTAIN TOP!!

It is official!!!

As of 9 November 2007, Single Ma is now:

glitter logo - http://www.sparklee.com

No more student loans.


Twenty-one cents of interest compounded before the online payment posted. The website will not allow a payment of less than $1 and I refuse to buy a $0.41 stamp to mail a check for $0.21. According to Sallie Mae, it will be adjusted next week but I’ll keep my eye on it though.

When I receive the official payoff letter in the mail, I’m going to buy my first bottle of Clos du Bois Merlot. LOL!

No car loan.

No personal loans.

No revolving credit card balances.

No consumer debt AT ALL!!

FULL DISCLOSURE:
I have mortgage debt on rental property that generates passive income.

Over $25,000 of debt paid off in 1 year and 5 months. A long road, but I’M FINALLY FREE! And it feels so damn good!! :-)

Special shout out to Ms Jayy for leaving one of the most interesting comments in the history of my blog:

Ladies & Gentleman,

Please keep your hands inside the vehicle as we round the curve of “Hot-dayumn-no-mo-debt” and head up the hill to “Fabulously Financially Free”. Please make sure your trays have been put away and your seats are in the upright position. And as always, thank you for traveling “Single Ma ain’t no joke” Debt Express…

Management

HA HA HA y’all better watch out there now!! LOL

~*~*~*~*~*~
Work to achieve, not to acquire.
And as always, BE FABULOUS!

~*~*~*~*~*~
Work to achieve, not to acquire.
And as always, BE FABULOUS!

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44 comments:

  1. Toni, 10 November 2007, 8:05

    Have been reading your blog for a while and I am a big fan. I just wanted to send my congrats and say that I am so proud of you. I can’t wait to be where you are one day.

     
  2. Boston Gal, 10 November 2007, 9:50

    Woo Hoo! Doing the “Single Ma kicks Debt to the curb” dance up here in Boston. Congratulations!

     
  3. ntbeachnc, 10 November 2007, 10:09

    Congrats! That’s my only debt too. At first I was planning to pay it off over the long-haul since the interest is so low, but I’m going to send extra towards it to get rid of it quicker.

    Congrats again!

     
  4. Dory, 10 November 2007, 10:40

    Omg! Good for you!! Congratulations :) I’m sure the rest of us are jealous (I know I am!) but here’s yet another person who proves it CAN be done.

    Gold star, SM :)

     
  5. Anonymous, 10 November 2007, 11:10

    O.M.G. Wow! Good for you! I guess I could see it coming, but never really recognized what that meant. Wow. Debt free! You go girl!

     
  6. CT Mom, 10 November 2007, 12:58

    Yay!!! Congrats - I’ll be in touch 12 months from now when I’m doing the same dance … you rock!

     
  7. chica, 10 November 2007, 13:34

    I heard that! Congratulations indeed!

     
  8. Dump the Debt, 10 November 2007, 13:48

    You Rock Girl!! I am doing my happy dance for you right now! WOOO HOOOO!! CONGRATULATIONS!!!!

     
  9. SingleGuyMoney, 10 November 2007, 13:52

    Awesome! Congratulations!

     
  10. J, 10 November 2007, 13:54

    I AM OH SO PROUD OF YOU!!!!

     
  11. mbhunter, 10 November 2007, 14:05

    Congratulations! Very happy for you!

    Clos de Bois is a good choice ;)

     
  12. Sistah Ant, 10 November 2007, 17:07

    i KNOW you must feel great!
    CONGRATULATIONS!

     
  13. Dimples, 10 November 2007, 19:30

    *wiping a tear away*

    You know you my SHERO right?!!

    So proud of you.

    I emailed you those adoption papers. No rush on them :-D.

     
  14. c2a, 10 November 2007, 19:33

    You are an inspiration to me. You got this done while living in a HCOLA, owning a home and parenting. You’re an amazing example of what drive and a plan can get done.

     
  15. Terri, 10 November 2007, 20:08

    Congratulations! I’m getting there, slowly but surely. Doesn’t it feel good!

     
  16. confession, 10 November 2007, 21:52

    That’s awesome! I just happened upon your site and look forward to reading more about you!

     
  17. Stacey, 11 November 2007, 0:46

    congrats to you!

     
  18. NoFearingTheMoney, 11 November 2007, 5:42

    Good for you. Really excellent progress…just goes to show what planning and determination can do.

     
  19. BK, 11 November 2007, 5:52

    CONGRATS CHICA!!!! Whew.. I KNOW that is a relief!!!

    I can’t WAIT to get there!!!

     
  20. Dedicated, 11 November 2007, 7:41

    Awesome! Good Luck for a future that is definitely brighter!

     
  21. Ms. MiniDucky, 11 November 2007, 10:52

    Yeaaaah Single Ma!!! You rock!

     
  22. amaranta, 11 November 2007, 13:29

    you should pay them the $1 and have them mail you a check for the difference :) that way they have to pay for the stamp!

     
  23. Single Ma, 11 November 2007, 13:51

    @ amaranta - LOL good idea! If the balance isn’t zero by COB Tuesday, that’s exactly what I’m going to do.

    What I don’t need is interest accruing on 21 cents. *smh*

     
  24. Grace, 11 November 2007, 15:58

    Congratulations Single Ma!!!!

     
  25. Tee, 11 November 2007, 17:12

    This my first comment to a blog ever. I have been reading yours all year. Your achievement inspired me to post and say CONGRATS.

     
  26. Cheryl, 12 November 2007, 5:58

    Congratulations on your inspirational acheivement!!

     
  27. Caryn, 12 November 2007, 6:27

    Congratulations!!!

     
  28. mapgirl, 12 November 2007, 13:47

    I am late on the bandwagon, but we can run and get a bottle of Clos Du Bois to celebrate, kick of our shoes and dance around your apartment! (I hope you did this!)

     
  29. Lorelai, 12 November 2007, 17:47

    Amen! Dave Ramsey would be proud! Just out blog walking and stumbled across your blog. Love it!! I am a huge Dave Ramsey fan and I am currently working on my own debt free.

     
  30. everythingiseverything, 13 November 2007, 7:58

    Congraluations, your accomplishment is very inspiring. It makes me feel like I can pay off my 46K in 3 years or less student loans before I’m too old to enjoy being debt free!

     
  31. MsJayy, 13 November 2007, 18:51

    “Don’t stop! Get it! Get it!!” Yes, I know I’m late but dont’t ACK like you ain’t still dancing. Shoot, I’m still dancing fo’ ya and I GOTS bills. LOL

    YOU ROCK!!

    PS…Dimple? *sigh* I done tol’ you befo’…da line is BEHIND me. Plus I’m hand delivering my paperwork.

     
  32. Keelah, 14 November 2007, 11:59

    WOW! So it really IS possible! Congratulations!!!

     
  33. MissGina, 14 November 2007, 19:46

    Wow! Congratulations! Doesn’t it feel good to not owe anybody Jack!! Are you going to buy more real estate or put more towards retirement? Say age 55?? LOL!

     
  34. HC, 15 November 2007, 8:13

    My belated, but very hearty, congratulations. That is fantastic!

     
  35. Moneymonk, 16 November 2007, 9:26

    Whoa now!!!

    Pop the champagne! I will be there hpoefully in 2008

     
  36. Mya., 16 November 2007, 9:37

    Wow, you are a true inspiration. I hope to join you next year!

     
  37. Anonymous, 16 November 2007, 14:16

    Sincerest, warmest, heartiest, most FABULOUS congratulations to you!!

    Meadow

     
  38. Money Blue Book, 18 November 2007, 8:52

    Did you mention this before? But what was your consolidated or original unconsolidated student loan interest rates?
    -Raymond

     
  39. Single Ma, 18 November 2007, 9:02

    All were less than 5%.

     
  40. Stephanie, 19 November 2007, 6:22

    Congratulations!
    I hope I can do this too!

     
  41. English Major, 19 November 2007, 8:16

    I’m late, I know, but CONGRATULATIONS, Single Ma!

     
  42. Free From Broke, 20 November 2007, 11:06

    Congrats on no consumer debt! We just paid off my wife’s private school loan and it feels great. I can only imagine how you feel!

     
  43. Mona, 4 December 2007, 16:42

    I will be debt free in June 2008!!!

    Over $25,000 paid off in 3 years and 4 months.

    I’m very impressed you could do it in a little over a year.

    Credit card free for 3 years!!!

     
  44. Neumes, 4 January 2008, 15:11

    I only recently found your blog. Congratulations on your debt-free status! It’s hard to describe how great it feels to owe nothing to anyone.

     

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