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Thursday, December 14, 2006

in debt

Last night we signed our lives away to the tune of twelve thousand dollars, to a very pleasant lady who reminded me a great deal of my mother's friend Debbie. It's the loan to pay for our new roof, which is due to be installed sometime after Christmas.

Apparently, our roof is very big. Who knew?

Anyway, we got a pretty good deal on financing, with payments not due to start until June. Don anticipates that (barring any unforeseen tragedies or windfalls or both) this particular debt ought to be paid off in a little under a year, which isn't too bad.

You may recall that we have practiced careful house-related money management before; so far, all has gone fairly well. Don is really astonishingly good at this sort of thing -- he's actually decided to extend his undergraduate career a bit and pick up another major: Financial Economics. It's a good thing he's around, because I can barely manage to total up how much the groceries cost!

3 comments:

Anonymous said...

$12,000!!! Eeeek. Of course, it's necessary, will increase house value, blah, blah, blah, but nonetheless - eeeek!

Charissa said...

Jesus. A roof.... or clothes? A roof.... clothes??

Jamaila said...

Both! Next season's hot fashions are all made of old shingles, didn't you know?