Free and clear
Nov. 27th, 2012 11:36 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
flexagonWe sent off a wire transfer for $70K and change this morning, and with that our mortgage is officially paid off. And with that, I'm debt free for the first time since this day in early 2004 when we closed on our first condo.
As most of you know, I hated being in debt, so this is awesome. Owning our home free and clear means my required expenses (and![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif)
heisenbug's) just dropped through the floor; there's really only property tax and utilities and food, now, if it were to really come down to it. Of course, it hasn't come down to it. In real life I will be pleased to continue my discretionary spending (circus school!), and I'm just going to increase my savings rate by the amount of my old mortgage payments and be pleased at having one less transaction to participate in every month. Real life... it's not so bad, some days.
As most of you know, I hated being in debt, so this is awesome. Owning our home free and clear means my required expenses (and
heisenbug's) just dropped through the floor; there's really only property tax and utilities and food, now, if it were to really come down to it. Of course, it hasn't come down to it. In real life I will be pleased to continue my discretionary spending (circus school!), and I'm just going to increase my savings rate by the amount of my old mortgage payments and be pleased at having one less transaction to participate in every month. Real life... it's not so bad, some days.
