Tuesday, May 10, 2011

Officially Credit Card Debt Free!


Today, I made my last payment on my credit card! I started out with a whopping balance of $3000 in 2007. I just paid the minimum payment for 2 years on the card. I only got it down to about $2300 after 2 years of paying $70 monthly. WOW. When I told Justin of this last year, we were engaged at the time, he told me to PAY IT OFF. He really was a big help encouraging me to get out of debt and stop paying the minimum. So I started paying at least $150 every month, and that's on top of everything else. The last couple months I was paying $200-$300 a month. And now, it's all gone. I had to sacrifice new clothes, shoes, makeup, eating out, and a whole bunch of unnecessary things to get this over with. I like the motto, WORK NOW, PLAY LATER. It just says it all. If I am responsible now, I can enjoy the freedom of my finances later and I don't have to regret, look back and wonder, "If only I did this.....". I thank God for allowing me to learn and apply what I learned to my life. He has given me the grace to practice self-control and loving my future self more than my present self.