Debt killing goals:
(1) Pay off lingering credit card debt in the amount of $6500.
(2) Pay off Mr. Sam's new car, remaining debt $2500.
Of course, we've added to our debt by buying me a nused car. But, I'm ignoring that for right now.
I've been chipping away at our credit card debt. We killed the 0% credit card debt that we took out for tile in one of our rental homes. Mr. Sam also cancelled that card/account. As for our revolving credit card (Chase) that has been hanging around since Baby Sam arrived, it is now down to $3809. I'm utilizing Dave Ramsey tricks by throwing a $100 at it here and there, and sending payments from various checking accounts on the same day. I expect that Chase will be killed off by mid-March (hoping for end of February).
Mr. Sam's truck is down to $2000 and we have 4 payments left. I don't plan to pay ahead as we have a 0% situation. So, by May the truck will be paid in full.
Once the Chase is killed, we really need to ramp up 2015 IRAs savings since the deadline to fund is 4/15/16. At present we have $2500 in our 2015 IRA savings. That means we need to find $9000 before 4/15/16. Our available savings is down because of my nused car purchase. We do have $4200 in our vacation/travel fund, which means I could likely raid it for a couple of thousand. And I could probably take $1,000 from savings. That would mean we need to find $5,500 from other sources in about a month or month and a half.