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 - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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