Results 1 to 12 of 12

Thread: To be debt free

  1. 08-19-2007, 12:32 AM #1
    onencgirl
    onencgirl is offline
    Registered User onencgirl's Avatar
    Join Date
    Jul 2007
    Location
    North Carolina
    Age
    59
    Posts
    1,322
    Post Thanks / WTG / Hug
    Rep Power
    9

    Smile To be debt free

    After being in frugal village for a short time and sorta lurking trying to learn all I could, I finally sat down tonight and figured my debt. To my surprise it isn't as bad as I had imagined it was. Whew. If I start to snowball in Sept, it will only take me app 3-31/2 years to be totally debt free. So I took all my cc except one (has no balance, to be used for emergencies) and cut them up. Sigh. Actually I feel empowered now. Thank you everyone for alloing me to be a part of this awesome group.
    If You Find Yourself Dancing In The Rain
    You Have Been Blessed
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  2. 08-19-2007, 01:08 AM #2
    sdrjeolsen
    sdrjeolsen is offline
    Registered User sdrjeolsen's Avatar
    Join Date
    Dec 2005
    Location
    CO
    Posts
    2,267
    Post Thanks / WTG / Hug
    Rep Power
    10

    Default

    yeah!!! WTG! Glad you cut them up! Now the fun begins, look out CC companies!
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  3. 08-19-2007, 01:11 AM #3
    Kisobel
    Kisobel is offline
    Registered User
    Join Date
    Aug 2006
    Location
    central NY
    Posts
    60
    Post Thanks / WTG / Hug
    Rep Power
    6

    Default

    congratulations and welcome.

    kate
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  4. 08-19-2007, 04:41 AM #4
    Hardy1
    Hardy1 is offline
    Registered User
    Join Date
    Aug 2005
    Location
    Edinburgh
    Posts
    198
    Post Thanks / WTG / Hug
    Rep Power
    7

    Default

    Good for you! No temptation with them now and you can concentrate on becoming debt free.
    W
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  5. 08-19-2007, 07:00 AM #5
    Its_Donna
    Its_Donna is offline
    Registered User Its_Donna's Avatar
    Join Date
    May 2007
    Location
    Central Florida
    Age
    47
    Posts
    1,965
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default

    Woo-Hoo!

    Now get an emergency fund of cash built up so you can cut up that remaining card....you don't need it!
    Donna F.

    We're DEBT FREE

    Pay It Foward

    Nov. Eat Out Days - 0/30

    Nov. Grocery Challenge - $70/$425
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  6. 08-19-2007, 08:25 AM #6
    FrugalMomof3
    FrugalMomof3 is offline
    Registered User FrugalMomof3's Avatar
    Join Date
    Jan 2006
    Location
    Northern NJ - PBurg
    Age
    39
    Posts
    9,272
    Post Thanks / WTG / Hug
    Rep Power
    20

    Default

    I agree, the fun beings now! YOU CAN DO IT!
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  7. 08-19-2007, 08:32 AM #7
    Domestic Gal
    Domestic Gal is offline
    Registered User Domestic Gal's Avatar
    Join Date
    May 2006
    Location
    Nebraska
    Posts
    1,507
    Post Thanks / WTG / Hug
    Blog Entries
    55
    Rep Power
    10

    Default

    Great Job !!! It does feels great to by debt free!!!
    Debra
    Married to Michael
    Mom to
    Chassidy 26
    Tanner 21
    Johanna 17
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  8. 08-19-2007, 08:44 AM #8
    ConnieD
    ConnieD is online now
    Registered User
    Join Date
    Oct 2005
    Location
    Canada
    Age
    47
    Posts
    237
    Post Thanks / WTG / Hug
    Rep Power
    7

    Default

    Awesome!!! You're starting young and that's a GOOD thing!!!
    You can do this. It IS empowering!!!
    Connie


    Wife to DH (6/7/1986)
    Mom to:
    DD 23
    DS 15

    Following the Dave Ramsey plan since Dec 2004 and have been debtfree but the mortgage since Apr 2006

    Now MORTGAGE FREE as of March 2011
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  9. 08-19-2007, 08:48 AM #9
    thrifty gal
    thrifty gal is offline
    Registered User thrifty gal's Avatar
    Join Date
    Aug 2004
    Location
    USA
    Posts
    1,126
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default

    WTG!!! You can do it!
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  10. 08-19-2007, 10:40 AM #10
    onencgirl
    onencgirl is offline
    Registered User onencgirl's Avatar
    Join Date
    Jul 2007
    Location
    North Carolina
    Age
    59
    Posts
    1,322
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default

    The main reasons I kept one cc for reserve is for flying and or car rentals. Also, my DD is mentally challenged and at times needs extra items. I can't tell y'all how great I'm feeling cutting up all the other cc's.

    Since I now live alone I checked into the Angel Food Ministries and found there is one where I live. Would it be ok for me to join and start using this even though I live alone? It sure would help me out. Alot of my money goes to my DD and her needs so anything would help me.
    If You Find Yourself Dancing In The Rain
    You Have Been Blessed
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  11. 08-19-2007, 11:00 AM #11
    pammy
    pammy is offline
    Registered User pammy's Avatar
    Join Date
    Sep 2005
    Location
    Texas
    Age
    41
    Posts
    1,052
    Post Thanks / WTG / Hug
    Rep Power
    8

    Default

    Congrats!!! How exciting for you!

    Absolutely get Angel Food, it's great you have one near. It'll really help your budget.

    Again, congrats on taking the leap. We'll be here to cheer you on!!! Woohoo!!


    Bring on them baby steps...
    Step 1: done
    Step 2: waiting on amount, hubby had followup colonoscopy, I had visit to ER with followup procedure
    Step 3: to follow, won't know aim until things settle
    Step 4: to follow, currently at 6%
    Step 5: grown child
    Step 6: huge mortgage ANNIHILATED!!
    Step 7: ahhhh....


    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  12. 08-19-2007, 08:48 PM #12
    mommy4ever
    mommy4ever is offline
    Registered User mommy4ever's Avatar
    Join Date
    Mar 2007
    Location
    Western Canada
    Posts
    2,671
    Post Thanks / WTG / Hug
    Blog Entries
    183
    Rep Power
    14

    Default

    I understand the one card thing. I haven't found a local bank that will allow a visa debit card, and since I sell on ebay, I need to be abl eto accept CC thru paypal, and can't do that without a CC. But I will be reducing it to a $500 limit in the new year. I figure, if I can't pay cash, I can't afford it in this minute.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. From $17,000 CC debt to nearly debt free :D (3 months to go!)
    By Readysteadylove in forum Success Stories
    Replies: 14
    Last Post: 09-25-2011, 10:32 AM
  2. If we were debt free...
    By Russ in forum Debt Reduction & Money Management
    Replies: 43
    Last Post: 06-23-2011, 10:32 PM
  3. free booklet: debt free holiday handbook
    By perSue in forum Freebies
    Replies: 1
    Last Post: 09-24-2008, 02:23 PM
  4. Going into short term debt as a means to a long term goal of debt free life?
    By Jamauk in forum Frugal Living
    Replies: 11
    Last Post: 05-16-2008, 03:18 PM
  5. Debt free again! YAY!
    By FrugalMomof3 in forum Success Stories
    Replies: 34
    Last Post: 02-16-2008, 12:27 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules