The Debt That Drives Me Nuts!

Stop Laughing at Me!

As I look at my wonderfully, detailed spreadsheet of debts and ponder the journey I am on, there is one debt that just laughs at me.

laugh at me

Don’t get me wrong, they all laugh at me, but this particular one is having belly laughs and rolling on the floor. Not because it was from some stupid tax. Not even because it has been around so long it is now a pet, as Dave says.

No, this debt laughs at me since it is my lowest debt, but in the big picture it is so minor. It is the left over of a 2nd mortgage of a rental home. It is less than $1000 and has a very low interest rate. It laughs at me because it knows I would love to pay it off. (And probably should), however my nerd in me needs every penny to drive down these credit cards that have such a high rate and I can barely keep ahead of the interest.

Maybe it is good to keep him around to just remind me of how silly I was to take out seconds on all these rental homes. He is the poster child for rental stupidity.

So I laugh at you (HA HA HA) you little baby debt. One day you will be gone, for now you just sit there and mock me. I’m ok with it.

Ha Ha yu poor

 

Someday I will kick your butt to the curb!

Stupid Tax – Paying My Fair Share

Courtesy of Dave Ramsey

Courtesy of DaveRamsey.com

Stupid Tax ….

No, not the tax I pay the government (although I’m not a fan of that either).

No Stupid tax is the tax I pay on my stupid decisions.

In 2003 I went to one of those RV shows. Now, mind you, I’ve been camping once and never had been in an RV. I walked aboard these traveling homes and was hooked. What a cool idea!  I always wanted to travel the US of A so why not in my own RV? So stupid me buys a 55K RV that I was excited about for only 50k. Yep, the show model. I was going to be a world traveler. Collect all those states on my map I was stopping at RV World for. Eventually I’d figure out the issue with driving my new toy to Hawaii. But that is another story.    🙂

RV Stupid Tax

My RV Stupid Tax

Oh, we traveled locally for the first year or two. I did collect 4 states. But in the end, my new “toy” mainly sat in our dirt lot. Years went by and I kept letting it sit and I kept shelling out my $500 a month “stupid tax”. Yep, $6,000 a year for nothing. This RV will end up costing me almost $80,000 by the time I’m done. This RV was the first item I had to let go of my perfect payment record. This RV cost me more than money. It cost me my sense of pride. The pride I held for never missing a payment.

When it came time to realize I couldn’t pay it all, the RV that sat in my yard for 3 years with no movement due to my stubborness to let it go, was the first item I knew I had to let finally bite the dust.

I’ll write about that more later, but let’s just say… When I waste money, I do it with zero’s on the end!

This isn’t my only stupid tax. I have a few stories to share along our journey. Just know.. you are not alone. We all do stupid!

T