So I now have almost $3,000 in cash stuffed in the fireproof safe in my bedroom. Tomorrow I will visit my credit union on the drive to the office and deposit it all into my account. Once it's cleared the bank's system I will then divide the funds out so that I can do some debt repayment and store away the rest of the money like the financially responsible little boy I'm trying to teach myself to be. My plan for the moment is to send $1,800 of my deposit to Novus with the goal of paying back the Camaro's portion of the consolidation loan I took out. The remaining $1,000 will go into my savings account, which will put me over the $12,000 mark. I think about that number -- twelve THOUSAND dollars -- and I grin a little, because it says that I'm doing all right for myself even though I am behind the goal I had set over a year ago. Back in January of 2002 I had laid a plan for myself that called for setting aside $1,000 every month in the hopes of getting a down payment for a mortgage. I'd wanted a sufficient amount of cash saved up so that I could get a home loan before these excellent interest rates passed us by -- but that just wasn't to be, and fortunately for me the interest rates haven't fled quite yet.
That's the thing about plans: despite our best intentions and efforts they're always changing. With my life the way it's been over the past 16 months I've been left with little choice but to rework those plans a few times, and I'll probably have to do it again before the entire thing is said and done. To borrow a phrase from my father, sometimes you just have to roll with the punches. That's sound advice in my book, although it would probably have a bit more relevance if I was a heavyweight boxer.
For those of you playing along at home, that Novus loan represents all of my remaining debt because I used it to pay off everything with an outstanding balance, no matter how small. This single payment of $1,800 accounts for approximately 1/3 of that loan. I can keep throwing large sums of money at it until it's entirely gone without too significantly impacting my life. With luck I will have it completely obliterated within the next 3 months -- which means at that point I'll be perfectly in the black, with zero revolving debt load and no outstanding loans period.
I'm looking forward to having the ink go black once more.