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Just got our stimulus and chucked it at our last credit card and auto loan. Down to 6.2k left on the auto loan. Will keep paying monthly payment of 302 with an extra 725-750 a month (whatever brings it to 1000$ to principle a month) and by the time our tax return rolls around we are debt free and the first 1.5 months of our 6 month emergency will be in place! 2020 was great for us. So excited to knock out baby step 3 by July/August and start 4-6!!!
*update*
Federal tax return deposited today and down to 843$ on our van! Will officially be debt free Friday. (Pay day) been grinding our side hustle and have made mor progress than anticipated!
Still waiting on state tax return which will go straight towards six month emergency fund.
Fingers crossed on this next stimulus and that will be over 2/3s of our six month emergency fund and we will be Onto BS3-B by may/June! Love moving the timeline forward.
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