Comments on: 20 Things That Rock About Being Debt Free

By: How to Make Money

How to Make Money — Mon, 04 May 2009 19:56:11 +0000

Being debt free is an emotional excess bag. It needs dedication and discipline. Hopeful I can write a post like you, but right now I should think about paying the monthly bills.

By: Catherine @ Frugal Homemaker Plus

Catherine @ Frugal Homemaker Plus — Mon, 23 Feb 2009 03:01:54 +0000

Thanks for the reminder!

By: steelel

steelel — Mon, 02 Feb 2009 16:11:54 +0000

well as of 9:00 am this morning. i am debt free of loans, credit cards, everything. well i had surgery a couple of month ago and owe my doc a little for that, but it will be paid off the end of this week. i took my tax refund and knocked tha last of it out. i have canceled or closed all credit cards i had. i do have a debit card that i use a lot but then again if its not in the bank i dont spend it. one thing that has made a huge difference for me is being DILLIGENT about balancing my checkbook. i do it everyday and i keep my check register neat and clean. it is accurate to the penny every day. it does make a difference.

By: headknocker

headknocker — Tue, 27 Jan 2009 02:12:10 +0000

NCN,

Dude you are really weird (in a good way). Getting out of debt and sticking to a budget has been great for our marriage. The freedom to do things that we want without feeling guilty is truly an awesome feeling.

By: freefromdebt

freefromdebt — Fri, 23 Jan 2009 03:48:02 +0000

Awesome! Dave Ramsey changed our lives…almost 75k paid off in 2.5 years…just a little left on the SL…then we’ll be screaming too! It’s amazing how many people still buy into the FICO garbage and that debt is a tool!

By: Ken

Ken — Mon, 19 Jan 2009 03:28:10 +0000

Congratulations toyou! I can’t wait to get there one day. I admire yout diligence to reach your gol. I’m a new blogger and love to read about peoples’ stories. I’ll be back.
Kudos to you!

By: DebtFreeDave

DebtFreeDave — Sun, 18 Jan 2009 12:51:13 +0000

NCN,
Congrats on your 3 year anniversary of being debt-free! Despite the name, I still have a year left on my car and then it’s just the mortgage…it must be a great feeling knowing that with all the stuff going on right now in the economy, that it doesn’t really affect you for the most part.

By: Laura

Laura — Sun, 18 Jan 2009 07:40:12 +0000

This is for Mark, above my comment:

Close the accounts. Who cares if it dings your credit score – like Dave Ramsey says, you don’t need a credit score if you pay cash for everything. As for leaving the one CC active, with only a small credit limit – make sure the limit is super small, like, $200 or less, or you may end up buying something you shouldn’t. Or, better yet – don’t use a debit or credit car, and pay cash instead. If it is something you really want, but don’t have the money on you – ask the salesperson to hold it for you, run down the street to an ATM or bank, and get the money to pay for it – if they won’t accept your debit card. Life is possible without a credit card, though the entire world seems to disagree with us on this – just ask any rental car company, because they are the world’s worst.

By: Mark

Mark — Sat, 17 Jan 2009 21:47:59 +0000

WOW! I wish I could be in his shoes. I always feel I am one step closer to being debt free. I plan on using my taxes to free myself from big debt that I have left. Once I am done there I will only have my student loan and car payment left. It feels good and I am happier. I always would put off paying them off and just make the minimal because I always hate letting money go in large amounts but now I have paid off two credit cards and now moving to the next and hope to get that paid off with my tax return. I have a question and hope that some of you can advise me on this. I have paid off my credit cards but still have them open I had planned on closing them completely but have heard that you get dinged for closing them down. I would rather close them so that I dont have temptation to use them. Basically all I want to use is my bank debit card. I would like one CC with a low limit for using at places where my debit card will not work. any comments would be appreciated.

By: Get Rid of Debt

Get Rid of Debt — Sat, 17 Jan 2009 14:15:27 +0000

Yes – congratulations! You are now in an elite crowd who never has to worry about an albatross of debt sucking at your finances. Can’t wait to get there myself!