Third Quarter Debt Pay-Off Report | 2019

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This was actually a pretty good quarter. I’m going to keep this brief because at this point in my life, the debt pay-off report feels redundant and I don’t feel like I’m going to make any gains for at least another year. There are so many expenses coming up and a lot of my money is going to get tied up in savings etc. Alas, the progress is slow and steady and I’m not going backwards, so that’s what counts.

Debt Pay-Off Report | Third Quarter | 2019

Last quarter, I had $45,098 in debt.

Now I have $41,681. It is a big jump, but that is the last big jump my debt will make this year.

Basically, I’ve been paying the minimum on my debts. As you know, I recently found out where my first duty station as a nurse is, and I also found out when I leave for officer training. Stay tuned for the announcement this week!

By March 31st 2020, I need to have around $2000 in cash readily available because I have to buy my meals from the cafeteria during training. They also recommend having a hefty cushion of cash in your bank account because there are often errors in pay as you make the switch from enlisted to officer. I really need to get serious about saving.

I got my yearly raise!

The wonderful thing about the military is you almost always get a yearly salary pay raise of some kind. I just hit my four year anniversary of enlisting in the Air Force (wow so much has happened!) so the bump is pretty big for me (about $140/month).

Related  March Debt Pay-off Report | 2016

The car is paid off.

I did end up putting some debt on one of my other credit cards, but I have it paid off now. Remember how I needed tires for the car? Well I bought those and some new uniforms for my upcoming training. But, because I put some stuff on a credit card, I was able to pay off the car! I move my money around a lot, which is probably a bad thing – but it works for me. I have a lot of small nest eggs that I don’t like touching, so I’ll opt to put things on a credit card so I don’t have to touch them. PF sin #1!

I am getting worried about my car’s ability to make it more than a year. I have a lot of driving coming up and I am concerned about its reliability. So I am keeping car savings in the back of my mind (even though I just got this one paid off). Reliability is so huge when you’re a woman mostly on your own.

I bought my ticket to Italy!

I used my intro points on my AmEx Gold card (30k + my earned 15k) which covered nearly half the trip. Original cost was $1200 w/ traveler insurance because I’m a nervous nelly and you never know what will happen. Using my points brought it down to $730. I feel like this is a solid deal for Christmas time plane tickets and one of the fast flight times available – 15 hours vs 19-30 hrs on other flights.

My nerves are frazzled and I’m praying nothing goes wrong to ruin this for me. I am busting out of Florida right after graduation! Woohoo! I plan to keep on saving $200 a month for this trip even though the most expensive portion is covered. A girl’s gotta have fun funds. Plus, we’re trying to take some weekend trips, so I’ll need some cash for those.

Related  Total Debt Pay-Off Report | 2016

Still – monthly spending feels out of control.

I feel like this tracker is so pointless now, but I am looking forward to seeing how much I spent on food, etc. overall at the end of this year. Once upon a time, I had a dream to spend only $12/day on fun stuff and groceries. Oh how wrong I was. While I’m still trying to keep my spending in check, I don’t even think about $12/day anymore.

It wasn’t realistic for me, but it did help me start planning my spending better.

Final thoughts

There won’t be too many changes in the last quarter, as I’m still spreading out spending money on new uniforms and graduation/NCLEX stuff. Paying off the car was kind of my BIG thing for the year, so now it’s coast time.

Thanks for reading and always encouraging me on this journey! I hope your third quarter went well for you.



  1. it must feel good to have that car paid, especially because it was paying back a friend. seems like once you get your officer bump and get settled you can really start slaying the debt monster. have a great trip to italy. i said it before but i’m really rooting for lompoc.

    1. Yeah it does. I just hope the car holds out another year for me. I am open to possibly buying a new one in December next year once I’m settled into my new locale, but we will see what happens. I am really excited to get the credit cards paid off. I’m hoping I can make that happen next year, since my officer pay should start officially in April. I think you will be surprised where I ended up.

  2. I can’t wait to hear where you end up!! And congrats on booking your trip to Italy and paying off the car. I’m keeping my fingers crossed it runs for a long time!

    1. Thank you! I am so excited to share it with you all! I also hope the car runs for a long time. I actually had battery trouble right after publishing this post, and it cost $206 to deal with it. It could have been much worse though, so I’m counting my blessings.

  3. EEE! These sound like all good things. Congrats on the transition to officer.

    1. It was busy, but good! Looking forward to finishing up school now!

  4. Liz, I am just DYING to know where you’ll be going for your first duty station! I hope it’s somewhere you’re excited about. ๐Ÿ™‚

    1. Hoping to have the post out by Thursday night, so stay tuned! ๐Ÿ™‚ I was not excited at first, but I am more excited now.

  5. Oh the military, and the expectation that theyโ€™re going to screw something up with paying you. Lol

    1. Yep. Yep. Yep. I’ve never had any real mishaps with them yet, so I’m keeping my fingers crossed. ๐Ÿ™‚

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