No more credit card debt!!!!

My wife and I have successfully paid off all of our credit card debt! The only thing we have left is a car loan that we are aggressively paying down, while balancing building up a house fund. It felt so good to make that last payment!!!

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  • Woohoo!!!! It's so exciting to know you have one big debt down. I'm currently at the beginning of starting to pay down my Credit Card debt, so it's nice to see someone on the other end and know how excited you are. 

    My win today is that I budgeted out how much I make in a month and my goals for paying off my debt by a certain date. At this rate, I can pay off my CC debt in 6 months and still have room for all of my immediate obligations *and* savings. Given my wages, I'm very proud of what I can accomplish. Once the 6 months is up and my CC debt is paid, I can look at aggressively paying off my other debts. 

    It can be really overwhelming, but I'm learning to take it step-by step.

     

    Congratulations!

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    • g.359 Good for you! And you can definitely get it done as well. Don't be discouraged if things go awry in the next six months. Life happens, but if you keep pushing forward, you'll get it done eventually!

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    • rolltide
    • Vita, epulum! Famescenti tamen plurimi miseri!
    • rolltide
    • 4 yrs ago
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    Congratulations. On December 20,  I will be celebrating as well... with one final payment  to Citibank my outstanding CC debt (aside from budgeted purchases on two Paid-In-Full reward cards) will be wiped clean. I've not paid a cent of interest in over a year, now. It's a tremendous feeling knowing that we can do this ourselves, with a little help from YNAB.

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    • rolltide Congrats!!!! 

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    • Jen
    • Budget Expert
    • Jen_c
    • 4 yrs ago
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    Hooray!

     

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    • Jen Thanks! :D

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