I wish you every success, and hope I can help with my 100% Upvote! Apart from our mortgage, which we had to renegotiate when my husband was forced into early retirement just before the financial crash of 2008, we are otherwise debt free. We look upon our mortgage as rent, but wish we did not have to pay it! We do have to remind ourselves at times that we are the fortunate ones, as so many of our neighbors lost their homes altogether, as did my son. We took the Dave Ramsay Financial University course and it was a great help!
You are viewing a single comment's thread from:
Happy to hear you have been able to become debt free! I appreciate the upvote and comment! Thanks for reading, and best of luck to you! I do need to look into that Dave Ramsay program! Thanks @dmcamera!
You are welcome. His way of paying things off is very encouraging, because he has you pay off the smallest amounts owed first to give you a sense of accomplishment. Other programs aim at paying off the amounts with the highest interest first. Now we only spend the money that we have. .He recommends not using credit cards at all, but we use them to our advantage - gaining points and cashback etc. We pay the amount charged, as soon as we get home from shopping! If we don't have the money to pay off the charge, then we can't spend it is our rule!