For the first time in 13 years with me personally but it’s the absolute first time since Somara and I officially consolidated our money, hence what I call the new constitution to form the Third Maggi Republic. The First is when I finally no longer lived under my parents’ umbrella, a rickety, debt-ridden ex-colony established in 1989 that slowly became somewhat more reliable by 2003. The Second Maggi Republic was short lived, like the propose two-state solution for Israel-Palestine, it fared better but was lopsided.
As you can tell, the eight-year-old merger has been a roaring success. Two new cars (one paid in full), lower mortgage payment through refinancing, 20-year’s worth of education debt truncated to probably 11 at its current pace and three timeshare deeds (two paid off, one half way) have moved this Third Republic into the AAA class.
Anyway, during an audit in which I go over all the accounts, especially our credit card that acts as a rolling line of credit; I discovered our joint assets finally exceeded our liabilities this May. Woo hoo! The trend has carried over into June by even more. July promises to keep going but I won’t know officially until late this month.
Just wanted to share this, not rub it in. Plus to all those Conservatives/Republicans who claim we Libruls/Socialists are tax-and-spend, debt-accumulatin’ job destroyers, I say “screwwwwwww, yewwwwwww!” as my financial house is in way better order. The benefits have started to roll our way and it should snowball by year’s end. From being four digits in the black to five easily. Many would cite psycho Dave Ramsey’s advice. Nope, my parents taught me the jerk’s so-called patented strategy decades ago. I’m confident they learned it when Home Economics used to teach useful stuff in the Fifties.