We had the opportunity to receive about a third of that amount in a lump sum after taxes. I DID pay off everything I could without using all of it. Now, two months after the fact, it's really nice getting the statements with -0- due and no balance. The secret now is to not get into the same situation again. Our net income is now actually more than before without the debt hanging over our heads. How did we get that way to start with? A third poor planning, a third poor money management, and a third due to circumstances beyond control. Could have done something about the first two, but things just happen.
What now??? We still have a little debt, but will have that taken care of in a year, using some of the "new found" extra money not being used for interest payments on balances. It should be noted that many of the things we bought on time are now gone, but the debt was still there.
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Today's Featured Article - Talk of the Town: Diesel Vs. Gasoline - by Staff. Another neat discussion from the Tractor Talk Discussion Forum. The discussion started out with the following post: " I am in the market for an older tractor (to be read... cheap). I have been told a diesel holds up better than a gasoline engine as far a wear, tear, neglect and abuse. Since I am looking at older tractors that have probably been through it all, is it better to buy diesel? I do expect to have to do a good bit of work on
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