I was thinking today about how nice it would be to be debt free by my birthday, mid October. This means I would have to find about $500 a month to put onto my debt. It may be a little bit of a squeeze because of the recent lag in shifts at work so I'm going to brainstorm about how to make this into a reality. It's been many moons since I was completely debt free and I am really anxious to get there!
I have noticed a trend from other PF bloggers where they transfer their savings to pay off the last bit of their debts instead of just following through with their payment schedule. It's their prerogative to do so but I like the idea of finishing my debt with a head start on my savings. It is true that I make less in interest on my savings than I pay out on my loan but for me its a mental thing. I may put the EFund on hold once I reach $1000 but I don't really want to lose the whole balance. Who knows? Maybe I'll be itching so bad once its within reach that I'll change my mind.