In a couple of weeks, we will have paid off just about every debt we had incurred. We’ll still have the house payment, jeep and one smaller debt to a friend; but everything else is gone. Dakota Pickup is PAID IN FULL, Credit Cards are gone, Boat will be paid off soon, even that SBC bill that was left over from the old apartment has been paid. Hell, we even (finally) sprung for the lifetime Tivo subscription, just before they shut that option down. Our savings account is actually showing signs of life again as well – haven’t had to dip in there in a few weeks.
Its kinda like financial freedom. I never realized what kind of teather would be attached when I bought my first truck back in 1998. It started small – $241/month for that little truck. But then, we sold that truck to buy a bigger one – $485/month, and then we found the boat we just HAD to have – $198/month, sold the neon to buy a jeep – $411/month … Got a sears credit card to buy a TV …. maxed the master card to buy camping gear … Got a lowes credit card to buy some drywall … and so on …
It becomes a trap. And we’ve finally escaped. I’m not ready to celebrate just yet, but as soon as that boat is paid off, then we might party a bit.