I took this image from my footer at the bottom of this page. This is so beautiful, I had to frame it!
IIIIIIII’MMMM DDDEEBBBTTT FFFFRRRREEEEEEEEEEEEEE!!!!!!!!!!!!!!
I had to include my own Dave Ramsey style debt-free scream!
I’ve paid off over $142,598 of debt ($30,340 of credit card and $112,258 of student loan). This number represents principal debt only. When I estimate the interest payments, and the medical debt I’ve also incurred and paid off over the years since starting this blog, I’ve easily made over $170,000 in actual total debt payments. Sigh.
But you know what? It makes the celebration that it’s finished, all the better.
Yep. And that last $5k check was like a small house landing on it.
Dearly departed Credit Card and Student Loan Debt,
There are no words to describe how you’ve touched my life and changed it forever. In my wildest dreams, never would I have thought I’d be enjoying my current standard of living at my age, roommates and creaky twin bed included(!), but thanks to you I am. You taught me to focus single-mindedly on one goal for years, to the exclusion of all else, because, hey, who needs to have options in life, right?
Anyway, may you both now be committed to the ashes of memory. You will NOT be missed…
Whelp! Now that that’s done…
You know what time it is, my peeps!
This is soo me right now! I’ve been marathon dancing since Saturday. One blog post alone could not contain this celebration! LoL
Ohhhh, sometimes I thought I’d never see this day. Seven years after starting this blog, and six years after actively starting my debt repayment, I’m finally debt-free.
The party is still going. C’mon all you guys, join in. Let’s boogie! All together now…
Net Worth 2012/2013 to 2019
I’ve turned my life around financially in the past 6 years from having all debt and no assets, to now having all assets and no debt. It took literal blood, sweat, and tears, but I did it.
By simultaneously paying off my debt and saving for retirement, I have increased my net worth by $336,084 (including market gains, etc.). That is just amazing to me. This chapter of my financial journey, tracking assets and liabilities, has now reached its end. And you guys have been riding shotgun the whole way. Thank you.
I’ll post about what’s next for me, at least for the short term.
“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW Archives)