In the last couple of weeks, I’ve had some debt snowflakes land in my inbox in the form of cash back rebates from my Christmas Shopping. Specifically, I made gift purchases at Fossil and Shutterfly and both offered cash back.
(Note: Mr. Rebates (referral link) is my all-time favorite cash back site. I’ve been using it since 2006 with only the best of results.)
As you know, I give all our found money a job to do. In this season of our life, it’s paying off debt.
So last week I sent an extra $30.89 to our home equity loan as a result of those cash back rebates. The home equity loan is our last non-mortgage debt to pay off and it’s just kind of…sitting there. First came the holidays and now it’s tax season, which — when you’re self-employed — is never a fun time.
But in addition to our regularly scheduled payment, I still throw these little wins at the loan and soon we’ll be able to give our found money a more fun job to do.
Have you been able to jump-start your debt reduction or savings in the new year or are you just kind of slugging along too? Tell us about it in the comments.