There is FREEDOM in being debt free! But it hasn't always been that way for me! There is always hope! I'm hoping my story can give people hope to keep on keeping on! In September of 1998 I went to a consumer credit counselor b/c I couldn't pay my credit card bill...I was only paying the interest. I had 10K on a credit card. I had Student Loans. I had a car payment. I lived alone and had to pay rent. I had other bills. You get the idea! I was 24 years old. I was probably making 22K if that?? Life was tough! I didn't really budget and I will say that I wasn't the most responsible with my money...eating out (fast food) a lot, etc. The consumer credit counselor helped me, but would only work with my creditors if I cancelled my credit cards and no longer used them. It took me 5 years to pay off my CC.
I have not used a credit card since September of 1998. 15 YEARS of not using a Credit Card and I've only had a second income (Jonathan) for 2 years. It was scary! I had no one to fall back on. But I needed to learn how to handle my money first. While Jonathan and I were dating he took Financial Peace University and I started Budgeting and working on the first few baby steps. We paid for our wedding without incurring any new debt. We came back from our 1 year anniversary vacay and paid off our last debt.
We just celebrated our 2nd Anniversary on July 8th! We were both single with no kids and had never been married. God is good! We now have a fully funded emergency fund and our goal is to bless others with what we have been given, travel a bit, and buy a condo in a few years. Jonathan just turned 38 and I will be 40 in January. We are very Blessed! So yes, I'm in a really good place right now, but I haven't always been. Just wanted to encourage those who get discouraged trying to make ends meet and get debt free. It IS possible. VERY Difficult, but it is possible! Keep on keeping on! You never know what tomorrow may bring!
The hard work it takes is worth the FREEDOM that being debt free brings!
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