Double Debt Single Woman Has Paid Off Over $142,598 and is Officially Debt-Free!

 

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.        Read More

Termination Shock: My Credit Card Debt is Now $0.00!

Hey Guys,

IT’S OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

gif happy

My credit card balance is now $0.00!!!!  :screams:  🙂   !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!   Oh wait, one more… “!”   🙂
I have successfully defeated the evil plastic nemesis and am now credit card debt-freeeeeee!

I got a tax refund and it hit my checking account today. Woot!  I immediately used some of it to pay off the rest of my credit card debt. When I say immediately, I mean within seconds.  Most of my refund went into savings.

DDSW February 2015

You guys can’t see me, but I’m doing some serious dancing right now!

gif elaine dancing

Ohhhh, I thought I’d never see this day. After two looooong years of payments, during part of which I was unemployed, $30,340 of credit card debt is finally gone.  I have no speeches or words of wisdom in this post. I’ll have something more articulate to write next time. Right now… I just gotta dance!!!!

Carlton’s with me…

gif carlton dance

C’mon all you guys, join in. Let’s boogie!  All together now…

gif peanuts dance

DDSW

Debt Update: February 2015

debt update

Hey Peeps!

I know. I know. Long time, no write.

Where have I been?  Where else… at work.  I certainly can’t afford to go anywhere else.  I had a string of projects that left me too drained to blog. It all culminated in an all-nighter session to get some deliverables submitted on time that took me three days to recover from. Getting older sucks.

overwork at workplace stress and debt

Since then, things at work have returned to a manageable level…at least for the time being.

Meanwhile, back at the BatCave, I have some good news on the debt front. As you can see from my progress bars in the footer of this blog, I have made great progress on my credit card debt. I just received a year-end bonus at work. Yeah, I know it’s February, but that’s how my employer works. Anyway, I took every penny of it…well, every penny of what was left after taxes (ouch!), and put it towards the credit card debt.

credit card debt due

I now have $520 left in credit card debt!. *screams*

It’s only a matter of days now before the final blade lowers.

ILLUSTRATION: Credit-card guillotine

I…CAN’T…WAIT..!!!!!

I can’t wait until I can finally end this credit card debt once and for all.  I already have a nice place picked out for it to rest…eternally.

RIP Credit Card Debt 3

I get giddy with excitement every time I think about it. No more credit card debt. Gone forever and hopefully burning in the fires of hell where it belongs. Does this make me sound evil?

evil woman

I assure all of you that I am not…well, not much. 😉  It’s just that $30,000+ of credit card debt has been financially strangling me for years. I have likely single-handedly financed someone else’s retirement with all the interest I’ve paid over the years. I will not be sad to see that debt die. 😈

Finally, I’ll be able to save up for a small savings fund. The next few months will give me a breather to save at least a $5k – $6k buffer, so I can sleep better at night. After that, I plunge into tackling my mountain of student loan debt. Watch out Sallie Mae, you’re next!

In another bit of good news, my retirement savings (investments) are accumulating faster than expected. I have increased my 2015 investment savings goal (including employer match) from a $20,000 total to an even more ambitious $30,000 total.

In the meantime, will DoubleDebtSingleWoman defeat the Evil Plastic Menace? Come back to see part 2.  Same Bat time. Same Bat channel.

batman logo

“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW)