This won’t mean much to anyone that hasn’t written a monthly check for house payments, car payments, school loans, etc. etc. etc. but I’M DEBT FREE AS OF TODAY!
I closed on the sale of my house and used the proceeds to pay off the school loans, credit line, credit card, furniture bills, etc. All of my income is now my own, to do with as I please. Life is good.
*I rent, so no house payment (although I do need to start saving up for a down payment one of these days).
*Car will be paid for in 10 months.
*Student loans will be paid in full by August 2004.
*Then there’s the credit cards However, I’ve made a big dent on those and haven’t put anything on them in a long time. Once the car’s paid for, a lot of that freed-up money will go toward the evil credit cards
I admire debt-free folks, and hope to be one of them myself someday