Monday, May 12, 2008

Attack!

Does anyone else feel like they are drowning out there? SERIOUSLY -- there is just so much water falling from the heavens and raising on the ground that I feel like a drowned rat... but while the rain keeps falling, I have much to celebrate, because we have... are you ready for this...

PAID OFF SIX CREDIT CARDS!!!

I'm going to be transparent here, and my husband is probably rolling around saying, "NO, honey -- don't go there" but I just HAVE to share ... I know six credit cards sounds like a lot of debt, but it wasn't ... it was only $2,500 worth of debt, but it held us in bondage -- literally. We were slave of the lender no matter how much it was.

Not only did we pay those small credit cards off, but we have our $1,000 emergency fund fully funded, AND we have almost $1,000 to put against our final credit card debt! Praise God for the Stimulus Rebate and Tax refunds, and the discipline to put it towards our debt rather than vacation!

It feels great. It feels amazing. It feels ... LIBERATING.

And still, we move onward to obliterate all our debt -- it's small, but still -- it's debt, and needs to be wiped out, and I can't wait to get it all OBLITERATED -- that's a pretty awesome word! How about ... eliminate, eradicate, annihilate, reduce to nothing... Yeah, I'm feeling pretty motivated. We're on the attack!!! We're on the way to Financial Peace.

So step by step, we're working towards it... and it feels good!

Please -- if the Duggar's -- a family of 19 (soon to be) 20 can live totally debt free, with a newly built 7,000 square foot home, and a monthly grocery bill of $2,000 -- certainly WE can too!

God is good!

13 comments:

Barb said...

Oh my word, I went to their website and the house they built is completely amazing.

It's also amazing they've given every child a name that starts with J. I have no idea how they did that.

And congratulations to you for paying off six credit cards. I know that's a wonderful feeling.

Grafted Branch@Restoring the Years said...

That's great news! Congratulations.

And the Duggars...that's what my husband wants to know: what does that man do to support that kind of grocery bill?! Not to mention all the other stuff?

Beth/Mom2TwoVikings said...

CCHHEETTAAHH!!!

Good job, GiBee! Doesn't it feel amazing? Now that BS1 is done and BS2 is nearly done, how long do ya think it'll take to finish BS3?

Katrina said...

Oh GiBee, what wonderful news! Congratulations on a terrific accomplishment! You're setting such a great example for Hunter, making debt elimination a priority. And I can tell you from experience, with every bit of debt paid off, it's a little easier to sleep at night. :)

Org Junkie said...

Woohoo, congratulations!!

Becoming Me said...

Congratulations to you! THat is liberating and wonderful news!!

Shalee said...

He is so good indeed! Congrats on your freedom!

We're working towards the same thing, but I have to tell you, it's going to take a lot more than the stimulus checks to pay off our student loans... Yeah, we've been paying on them for 20 years and we still have them!

Susan (5 Minutes For Mom) said...

Congratulations!!!
Getting rid of debt is like getting rid of weight... it feels fantastic.

Donnetta (momrn2) said...

WHOO HOO!! There is nothing quite like the freedom of being debt free! Especially from credit cards!!!

Congratulations on such a huge and wonderful accomplishment! One definately worth celebrating!!

Anonymous said...

That is the best feeling...paying off debt. I am debt free now as well and SO happy. But...now I am going to need a new car LOL.

dani said...

I think people now days want to be more like the Duggars, rather than the Joneses! Contrats on paying off all that debt.

Susanne said...

Wow, applauding you guys! Way to go!

LvlyRita said...

Huzzah! (Olde English, I think) Three cheers for getting rid of the credit card debts! If credit cards aren't an option than it's harder to use them. Certainly is liberating.