A person’s lifetime is filled with memorable dates: birthdays, first dates, anniversaries, etc. I am happy to announce that March 4, 2010 is added to my list of significant dates in my life.
Today is the day I become Debt Free!
This post may be slightly dramatic recapping my quest towards debt-freedom… but some day I will grow accustomed to having a positive balance in my financial life and slowly I’ll forget the significance of today. So before moving on, I kind of want to be sentimental and inadequately describe the fantastic feeling of freedom I have at this moment. I owe nothing! Not even a tiny balance on a credit card! When I look at my money, it is all mine. My next paycheck won’t have to be divided to debt, but will be 100% mine to spend, save, give!
Why, do you ask, am I so sentimental and weird about debt? I don’t talk about it often, but for years my parents lived a middle-to-high class lifestyle—a facade that was built by thousands of dollars in credit card debt. I was devastated to find out the truth, mostly because of my parents’ shame and guilt on merely wanting to give their kids a great life. Our lives changed dramatically after that and we became almost slaves to lenders, altering our lives out of desperation. Through that experience, something in me sparked and I took on the rest of my college education and vowed to start my adult life differently by paying off my debt as soon as possible.
So three years and $13,800 later, I am finally debt free! Here’s the final recap of my payments:
Thank you to anyone who has encouraged me during this last year! To anyone who is in debt… you CAN do it! It takes a lot of hard work and perseverance, but I promise the end result is worth it. I’m done! I’m done! I’m done!!!!