Yeah!!, Finally!! ha I have started to repay the money that I owed…. ha.. It a moment worth celebrating.
My Journey of studying and running my own biz, in the last few years had left with a loan debt of approx. 10 Grands and left me quite penniless for some time.
Well, Maybe to somebody, 10,000 dollars is not a lot but it is not a small sum either. Given my current income, It might take a while to clear it totally, but I glad I have started clearing it in this month.
Like I had mentioned in my previous post, the topic for the is month about Commitment and Discipline. Beside committing to write on this blog. There are many tiny things that I’m committed to get it done..
Clearing my loan debt is definetly one of the bigger commitment i gave myself. A minimum of $500 dollars from my monthly income must be used to clear the loan debt. and thats the commitment I have made.
And to help me to keep track of the balance. I have also done up a spread sheet. Ha, I know It might not sound like a big deal, but for a man like me who is not that organise and discipline, it is already a big step for me.
So, yup a minimum of $500 a month is put to clear the loan debt, starting from this month. and I have also set a time frame that I will clear it in 12 months time and by 1st October 2009, I will be celebrating together with all the children in Singapore, as they will be celebrating Childrens Day, while I will be celebrating my debt-free day!!!! Anyone care to celebrate the day with me?? 
(Total Amount left to clear: S$9114)
Tags: Commitment, Debt
September 22nd, 2009 at 10:23 pm
[...] YA HOo!!! Yes, every single cents of the $10,000 odd plus plus had been cleared!! And I cleared it before my declared deadline!!! Yeah! Yeah!! That’s right, well if anyone could remember, almost a year ago, I had made a commitment to start repaying my debt every single month and the goal was to clear it by 1st october 2009 on Children’s Day (Read http://www.jonesliew.com/2008/10/06/its-time-to-repay-my-debt/). [...]