Wow! Can you believe we are 1/2 of the way through 2011? I just can’t believe it. If you are looking back at the work you’ve done already towards becomoing debt free, I am sure you deserve a pat on the back. For some of you, the light at the end of the tunnel is becoming brighter. For others, you have a ways to go and for even more you may have had to start all over again due to unforseen circumstances. Let me just say this – YOU CAN DO THIS!!
Working your way towards financial freedom is not easy. You are making sacrifices and some of them are big. For you, not dining out may be very difficult, but I know you are sticking to it so that you can achieve the financial indpendence you are longing for. I have been there. I know that is not easy, but let me just tell you what life is like “on the other side.”
When I go to my mailbox each day, 95% of what I get is junk mail. No more bills. It feels so good to just be able to walk up to my shredding bin and drop my mail in there most days. No more opening the bill and shaking my head to see that I still owe more than I care to admit. No more wondering “which bill will I pay this time and who has to wait for another week.” It is a feeling unlike any other.
Not only will you eventually no longer have debt hangning over your head, you can save and be ready for the unexpected. For us that happened this past weekend. We needed to buy new chairs.
In true Penny Pinchin’ fashion, we noticed our chairs had become extremely worn over the years. Of course, that’s what happens after 8 years of sitting, dogs climbing, and kids playing. Of course, we also knew that they still worked. Sure, they may have looked horrendous, but they did the job. There wasn’t a need to replace them at this time.
This past Sunday, when our daughter stood up, the one chair seemed to have a little rip. As the morning progressed, the 1/2″ rip grew to more than 2″ and the stuffing began to show itself. So now, the chair had become uncomfortable. It was time. We headed to the store and were able to get 2 chairs — for a great deal. The great part was that we didn’t have to touch any of our budget. We didn’t pull out a credit card to pay for it. Nope – we had the money sitting in our savings account. It was great to make another large purchase and do so in cash. Such a great feeling!
I’m still keeping track of our eliminated debts. So, as you pay off a debt, please share with us. This form is done completely anonymously – there is not any way I can track it back to any individual person. This is of course completely optional, but I think it would be incredible to see how much debt is eliminated just by all of YOU by December 31, 2011!! Head HERE to fill out the form.
I know that this is challenging – I’ve been in your shoes before. It is a lot of work and you may feel like just throwing in the towel time and again. Please DON’T! You have come so far and I know you can do it. We will be visiting with our own reader who has joined CommunityAmerica Credit Union’s Financial Makeover. They will share what they are going through and hopefully, help inspire everyone to stay the course. I also hope that maybe they can provide some new information that perhaps wasn’t already shared with all of you.
So, keep on keepin’ on! You can do it! Before you know it, you will be able to shout “WE’RE DEBT FREE!!!!!!!!!!!!!”
(I am not a financial advisor and the information listed within these Debt Challenge posts is not to be construed a financial advice. This is knowledge we gained through our own personal experiences and information as outlined in Dave Ramsey’s Financial Makeover — and is being shared as such. Participants are not required to follow any steps listed if they do not wish to do so. Financial concerns/issues should be addressed with a professional in order to receive advice and assistance.)