Welcome to No More Spending; how we manage our budget as we attempt to pay off our mortgage early, move abroad, and reach Financial Freedom by 2020. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here.  Thank you for visiting!

24 October 2008

Keep chipping away


photo credit: amagill

Paying off debt is like using a hammer and chisel. You have to keep chipping away until it's gone. Today I sent a payment of £71 to my No 1 loan, and this leaves my debt outstanding at £15,500. I'll be sub £15k in November and I can't wait.

4 comments:

  1. Good job!! Doesn't it feel great?
    ReplyDelete
  2. Hi there-very well done, keep at it!
    ReplyDelete
  3. Woohoo!

    That's such great news and your 2008 goal will romp it in ahead of time. It must feel amazing.

    It's such a great analogy, chipping away at something until you get to the end.
    ReplyDelete

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