As of today, Jordan and I are 100% debt free!

Jordan and I worked the numbers last night and have decided to manage our credit card based on our billing cycle not necessary our monthly budget.  So our monthly budget will actually include the last three weeks of a month and then the first week of the following month.  When I projected the numbers through to the end of October, there was absolutely no reason for us not to pay of my Alberta Student Loan, TODAY!

I called the student loan people and arranged to have my final payment debited from our joint account today.  It will take a few days to process, but they won't bill me for any additional interest.  We will receive a letter in the mail within the next two weeks that formally recognizes that the debt has been paid.

When we started this Journey we were $20,136.75 in debt.  I previously hadn't included Jordan's debt with mine - and now that I am, it's a seriously impressive number (it's bigger than I thought).  I am absolutely pleased that we were able to pay off this sum in a year and a half.

This is how the original debt broke down:

  • Jessie's Alberta Student Loan: $6,141.75
    • paid August 20, 2010
  • Jessie's Canada Student Loan: $4,495.00
    • paid April 30, 2010
  • Jessie's Credit Card: $4,500 (approximately)
    • paid September 8, 2009
  • Jordan's Credit Card: $500.00
    • paid July 30, 2010
  • Jordan's Truck Loan: $4,500.00
    • paid May 20, 2010
Thank you so much to all of the readers and blogger's who have provided us with support during this journey. I hope you stay with us as our financial selves grow into home owners, new vehicle purchasers and awesome future money planners.

~Jessie & Jordan~


  1. Congratulations! I bet you're so excited!

    I like your new theme, by the way.

  2. What a wonderful blog title and a special day for you two!! Do something wonderful (and free) to celebrate tonight.

    Just think, it's a whole new future for you with SAVINGS goals and not DEBT goals.

  3. Awesome! Congratulations! It's so inspiring to read about people paying off their student loans, gives me hope that one day I can pay my debts in entirety too. Congrats once again.

  4. Congrats! I'm sure you will now see a boost in savings! Nice job!

  5. WAHOOO!!!!! CONGRATS!!!!!! Such a huge accomplishment. I am so happy for you.

  6. Congratulations!!! All the best in your new saving adventures!!!

  7. This is going to be great for all the things we want to do in the future. Who would've thought joining our accounts together and paying off each others debt would feel so rewarding

  8. That is fantastic! Hey, at least you don't have health insurance bills like we do down here! Good for you. I hope to be in your shoes someday soon. Your success story leads me to believe that we can all achieve it.

  9. Congratulations!! This is a great milestone in your life :-)

  10. Congrats!!!!!! What an accomplishment!! Good luck with all your future goals!

  11. You two rock! I sure admire the way you work together, and work out your differences in money styles.

  12. that is astounding! a huge congrats to you two!

  13. Congrats!!! That is great news and great motivation to continue getting out of debt.

  14. Congrats! Hope you'll still keep blogging :)

  15. congratulations! that is wonderful! you had better keep on blogging.

  16. @ All

    Thank you so much for your kind words! Jordan and I are beyond happy!

    I certainly plan on continuing to blog - though no doubt, I'll write more about our savings goals and our adventures on combining all of our money vs. keeping it seperate.

  17. Way to go!! That is so so awesome!!! So happy for you!! :)

  18. Congratulations! I loved reading your journey and can't wait for what's to come!

  19. Awesome! Reminds me that it IS possible!

  20. @ Frugal, Rainy & LBC

    Thank you so much for your support, it's been a great ride so far!


Hi! Thank you for stopping by and leaving a message.


Links ♥