Finally out of debt - yay!
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Finally out of debt - yay!
Whew!
When I graduated from college in December 2004 I had (between credit cards & my car loan) around 16,000 dollars of debt. I started work on January 10, 2005 and set a personal goal that I would pay everything off in eighteen months - July 10, 2006.
While it certainly was not easy I am very happy to say that as of today, July 7, 2006 I have paid off the last of my debt (car). While my savings are pitiful I have a pretty decent amount of $ in stocks so that's a start.
Unfortunately instead of spending all the extra monthly cash I should have now, I get to continue my humble lifestyle while I save for a house.
But, I remember posting about this a year and a half ago & just wanted to share my good news
Peace!
When I graduated from college in December 2004 I had (between credit cards & my car loan) around 16,000 dollars of debt. I started work on January 10, 2005 and set a personal goal that I would pay everything off in eighteen months - July 10, 2006.
While it certainly was not easy I am very happy to say that as of today, July 7, 2006 I have paid off the last of my debt (car). While my savings are pitiful I have a pretty decent amount of $ in stocks so that's a start.
Unfortunately instead of spending all the extra monthly cash I should have now, I get to continue my humble lifestyle while I save for a house.
But, I remember posting about this a year and a half ago & just wanted to share my good news
Peace!
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Re: Finally out of debt - yay!
I'm seriously impressed, DT. Paying off nearly $1K a month for a year and a half is a big deal, especially right out of school. Congratulations on being in the extreme minority of responsible Americans.
Also, per your other thread, Lasik kicks butt. I was half blind from age 13 to 30; I couldnt' see my toes in the shower or read the alarm clock next to my bed. And forget about sports, especially water sports (no, not the sekshual kind). Now five years later I'm 20/20 and the surgery has already paid for itself. I do not miss those damn contact lenses and glasses one fraking bit.
Also, per your other thread, Lasik kicks butt. I was half blind from age 13 to 30; I couldnt' see my toes in the shower or read the alarm clock next to my bed. And forget about sports, especially water sports (no, not the sekshual kind). Now five years later I'm 20/20 and the surgery has already paid for itself. I do not miss those damn contact lenses and glasses one fraking bit.
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It's worse when you start saving as a kid, because you can't get a job. You've just got a big(in comparison to the cost of kids stuff) wad of cash just sitting there for years and years.Topher wrote:Fun saving for a house isn't it? You have a big chunk a change and you could just go wild. But no, you have to be responsible and get a decent bachelor pad.
I saved up in my credit union for 11 years, putting most of all the money I got in it. And only now do I decide I should spend some of it (on a €1k laptop)