Furthermore, that number isn't even accurate either. We can't say much at this point but as some of you know I have to pay my taxes in advance. As a result I did a rough estimate that it would probably be somewhere around the $15K mark as all previous years for taxes were in the $20-25K mark for the last 5-7 years or so.
We left our jobs at Superintendents in April so that means we were only being paid from work January to April, cutting down that income significantly, but of course my "old" annuity still ran from January until April as well and the "new" annuity amount started May 1st.
Having said all that, our taxes for 2016 was a guessing game. We guessed wrong. That's all we know so far.
Anyhoo... as of right now we've paid $30,520.33 towards our debt! Whoo-hoo! $30K paid and only $20, 825.34 to go!
In a few months we think that 20K left to pay will start to really pick up speed and fall off very quickly.
Things are in the works and the dollar amount towards our debt keeps gettin' better.
Every year I've been pretty bitter about paying taxes. This year, not so much... I came into it more prepared than any other year previously. That helps! It helped having the right attitude and mindset of things above, not things below.
Hey, if Chris and I can do this...you can, too. :) Don't be afraid to file your taxes and crunch those numbers! Pay off that debt, especially if it's tax debt. It's worth it! :)
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