Tuesday, April 28, 2020

Transfer Tuesday and Paying Down Debt 4/28/2020

Hello Tuesday!  This is the day that we make an extra effort to pay down our debt.  Most every Tuesday we apply extra cash (whether it be BIG or small) to our outstanding debt.  This helps keeps us aware of and accountable for our debt. And it all makes a difference.

My last Transfer Tuesday was March 10th.  Shortly after that, the Covoid 19 was starting to impact our country, and things were beginning to change.  I recall sitting with our tax guy and talking about the curfews that were going to start for our counties and I also recall how nervous and unsettling this made me feel.  Maybe it affected you in a similar way?

We did get a tax refund, but I used that to pay off a credit card that I used to buy groceries, ( a lot of groceries) before the shutdowns and curfews kicked in.  During this time, I knew that I would be much more prepared for any future similar situations by building a stockpile of storable food items and TOILET PAPER.

Current Balance $79,685.00
  • Payment of $27.35 CC rewards
  • Payment of $500.00 from hubs OT
New Balance $79,157.65

Just for a little perspective, when I started to focus on paying down the HELOC, we started 12/15/19 with a balance of $84,630.00. This is a $5472.35 REDUCTION in the balance.  Our goal is to reduce the HELOC balance by $20,000.00 this year. Only $14,527.65 to go!


  1. Good for you every little bit helps, I am proof of that.

  2. I was diagnosed as HEPATITIS B carrier in 2013 with fibrosis of the
    liver already present. I started on antiviral medications which
    reduced the viral load initially. After a couple of years the virus
    became resistant. I started on HEPATITIS B Herbal treatment from
    ULTIMATE LIFE CLINIC (www.ultimatelifeclinic.com) in March, 2020. Their
    treatment totally reversed the virus. I did another blood test after
    the 6 months long treatment and tested negative to the virus. Amazing
    treatment! This treatment is a breakthrough for all HBV carriers.