One year ago yesterday, I became debt free! One of the best decisions I have ever made, was to become debt free and really work my butt off to do it! For several years I had listen to Dave Ramsey talk about being debt free and the steps you take to get there. I didn’t think it would work for me. (Yes I know, I was wrong! 🙂 ) I really didn’t see how I could cut back in my life style and still get out of debt. I knew that this was not just going to be a head decision but a heart one as well. I had to re-examine my budget and see where I could cut back. Basically, I had to stop shopping like I used to, start eating food from home, and not go out as much as I used to. Little did I know that when I stopped going out to lunch everyday I would save a ton of money that way! Yes, I still bring food from home as often as possible so that I don’t eat out. I also watched where each dollar I brought in was going out. I really didn’t understand the wastefulness of not budgeting my money properly. When you get on a budget and stick to it, you will see real changes in your savings and getting out of debt. I also make smarter decisions regarding how I spend my money. The understanding of a need vs. a want was also huge for me in getting to this goal of being debt free.
I had to get creative, gazelle like, and purposeful about this. It worked! I am debt free and on my way to getting my emergency fund built up.
Today I rejoice because I attained a goal of mine in getting debt free and staying that way!
Are you debt free? If not, do you want to be?