I paid off my last credit card today

I know how you feel, OP. Paid off mine TWO DAYS AGO.

Also bought a car for cash. No car payment, no CC payment, no mortgage or rent payment, no property taxes, no medical bills, and full insurance, too. Also, no grocery bills. Life if good retired if you've played your cards right.

Go and sin no more. My new Motto is "if ya can't pay cash for it, you don't need it, been out of debt since 2003.

Debt slave

You did it wrong

Pay your rent and keep the rest

Fuck the debt 7 years ago you would've been building your credit for a while already

Dave Ramsey (truly) is the program to not only get out of debt, but to give hope! I made my now daughter and son -in -law take the course before getting married.

I will help you get the program if needed. Everyone deserves a good night sleep and to NOT feel so depressed because of debt.

Not everyone is in a position to better themselves through credit or whatever.

Some of us just suffer.

Great going, I've done it.

But now I'm holding out for Nesara. We're owed.

[link to www.youtube.com (secure)] 1:20

OP, against the odds placed against all of us, didn't succumb to the lowest common denominator. Didn't use their way out to pardon the sins of useless purchases. He chose the celebratory path of ones word beings one bond. Not the sniveling idiocy of the Bankrupt people. Those who opted for bankruptcy over nobility deserve an angry and loathesome death.

Is your word your bond?
Or are you a loathsome creature prowling about on the edges of civilization waiting for your chance to cheat it?

Bring it on...OP did...what do you bankrupt people bring? Vileness, immorality? SImple stupidity/cupidity? Stick it to the man, when the man is everyman? Oh I weep for you stupid fucks who think that screwing us all over helps you somehow. Oh dear...

Great JOB !

After 10 years of cleaning toilets, I was able to FORGIVE MY STUDENT LOAN DEBT ( 120k ).

Earning min wage and very frugal living allowed me to save 43k over the last 6 years.

Rent 540 month heat/electric 100$ 20 yr old car with new engine I built.

Dont fritter away money eating out !!! It goes fast.

A little crypto can go a long way. It will beat anything your local retail bank can offer you.

If you can handle it keep paying your credit card debt monthly payment but lay it aside in crypto.

Lend your coins / stake them and get a fixed guaranteed rate of return. 14 days at a time or up to a year, compounded @ 4.00% / month.

Or.... get a few rising stars and get out when the getting is good. Phenomenal gains.

No doubt. It was an albatross around my neck...better yet, a heavy rock.

Awesome! I'm working a second job as well. It's rough, but you do what you have to do.

Hang in there! You'll get there. Just keep grinding.

Yep. Just focus on paying off one at a time. Get that momentum going and when one is paid off, it's a sense of achievement so you don't get depressed at how slowly the others are being paid off.

Fantastic!

If I was to offer you any advice (and you are doing great) is maybe to put your money in to real things and leave it there.

I saw with my grandparents that they cashed out of their real things too early. You need to leave some real things real so that they appreciate. Cash in the bank doesn't appreciate.

Point taken. I'm buying some "hard" assets with the cash. ;)

It's good but you should take free money
I'd imagine anyone with credit card debts suspend payments because of coronavirus
Dog eats dog unfortunately, everybody on its own

Awesome! I did the same a few years ago.

Savings is KEY

Credit cards are great for emergency but... It's not magic money.

Cash is King. You know, you can often get discounts when paying cash. When I buy something big ticket, I always ask, "What's the cash price?" Sometimes it's lower.

Congrats on doing this. My late husband and I both worked but wanted a family and me to stay home for a few years while the baby was young. We decided to live on his salary alone and put my entire salary away in savings. We ate lunch out of a brown bag. But we did it for a couple of years before I got pregnant. And the when I stopped working, we didn't miss the second income we never spent. BUT the savings!

You've done so well working hard like that. You deserve some GREEN!

good..I have 1 of 2 personal loans rolling off in 3 days..the other in 6 months..car in 8 months..

I'm not out yet but doing my best to get there. One BIG help was family. We have been taught that EVERYONE gets a house of their own. Being divorced 2x really put me in a bind. Luckily on my second failed marriage I had a pretty large house when we divorced. She left we with the house and a fairly large payment.

However, at that time my sister was ALSO getting a divorce. Her kids were grown as I was like, damn, you take one part of the house and I'll take the other part.

And it has been GREAT! we split the bills equally in half and it has allowed me to get out of most of my debt.

It sounds strange living with family in your mid-40's but we don't live in a time anymore where you get a house, and you get a house, and everyone gets a house.

No, sometimes you have to sacrifice. Do I wish I was still married? Sometimes. But mostly I like the fact that I can pay my bills and crawl out of debt.

Living with family has pro's and cons. But ultimately it has worked well for me. She has her life, and I have mine, but at the end of the day we are both paying off our debt.

Maybe in a few years we can sell the house and each take profit and get our own houses. But for now this works for us.

Way to go! I'm at zero since '14.

good job

Just think OP, as soon as you have your house paid off with your doubling down of the mortgage...ALL THAT MONEY you would have been paying for that mortgage is all yours. Just think about what that extra money will mean. You'll have the cash to invest, to help others, to build a legacy for your kids/grandkids. I mean whatever you desire will be so much easier with that mortgage paid off.

The credit cards paid off is a super high bar that you reached, the final bar is mortgage free living. Once you hit that, you're free of the banker.

You're such an inspiration! Please teach it to younger people. They need to hear your story!

That's the goal! I'd love to teach a financial literacy class at the local high school.

That, is a great idea...NOTHING along those lines is taught in Canaduh anyhow.

Umm I paid off my credit cards by telling the Judge (after the CC company took me there) that the debt was fraud as the creditor never explained to me that funds for this credit would be obtained using a banking mechanism called Fractional Reserve Banking. I would have never signed this contract if I understood the consequences of FRB on society.

The judge ruled in my favour.

And I did the whole thing as casual as you can imagine... I even played a bit and didnt title myself as Sir or Mr... I went with Master, wrote it on paper by hand... was like 2 paragraphs.

Simple, to the point...

And yeah I do a lot of your other recommendations as well... I'd say you're missing being kind to those around you during their times of need...best investment imo.

Am I ready for shtf? not really.. but if its an Mad Max type of thing then I'll be ok... if its a massive tsunami wave then we are all fucked regardless... unless you been specifically building a self sufficient submarine for the last 10 yrs or something.