We're consumer debt-free!!! - Mothering Forums
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#1 of 19 Old 05-12-2010, 12:25 PM - Thread Starter
 
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I feel a thousand pounds lighter!!

We recently bought a new home, and weren't sure how much we would net from the sale of our old home, but the amount we estimated happened to be exactly how much we owed on our credit card. The house was in great shape, but there were a few projects (new furniture for one room, a built-in desk, etc.) we wanted to do, but after discussing it we were 100% committed to using every cent to pay off our credit card before spending anything on fluffy stuff like that. I was proud of our resolve, and we talked about how every time we sat on our old stained couch we could console ourselves with the knowledge that we were responsible, debt-free people.

So, escrow closed, and we ended up getting back twice as much as we had hoped! So we paid off our credit card, got the new furniture, and beefed up our savings (which we already had somewhat and had refused to touch during home-buying) to a nice comfy level -- it feels incredible, and I just had to share!!

DH+Me 1994 heartbeat.gif DS 2004 heartbeat.gif DD 2008 heartbeat.gif DDog 2014
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#2 of 19 Old 05-12-2010, 12:29 PM
 
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Yay! I can't wait until we reach that point.

wife of 8 years to DH geek.gif, mama to DD blahblah.gif (2006) & DS jog.gif (2011) angel1.gif (Dec. 2012) rainbow1284.gif due Nov. 2013 

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#3 of 19 Old 05-12-2010, 12:34 PM
 
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Congrats! That is awesome.

ribboncesarean.gif cesareans happen.
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#4 of 19 Old 05-12-2010, 01:12 PM
 
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WOO HOO!!!

"Kind words can be short and easy to speak, but their echoes are truly endless." - Mother Teresa

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#5 of 19 Old 05-12-2010, 05:37 PM
 
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That's AWESOME! Join you there in a couple of years...
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#6 of 19 Old 05-12-2010, 06:20 PM
 
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Fantastic! Feels great huh! Good for you.
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#7 of 19 Old 05-12-2010, 09:07 PM
 
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Great feel good story! Congrats! Enjoy your new couch

Katherine mother to DS 8/03 and DD1 9/06 and DD2 6/10
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#8 of 19 Old 05-12-2010, 09:09 PM
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#9 of 19 Old 05-13-2010, 11:43 AM
 
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WTG, mama!
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#10 of 19 Old 05-13-2010, 05:47 PM
 
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Yeah!!!! How fantastic!
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#11 of 19 Old 05-13-2010, 05:54 PM
 
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That is great!

~Rebecca~
mama to a sweet girl , & 4 silly boys

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#12 of 19 Old 05-13-2010, 06:14 PM
 
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how awesome congratulations!

Alicia DH Mike DS Gage Lola & Zeus Fishy Dishy, Charkey and Shark
RIP Sidney 1994-2010 RIP Charlie Brown 2008-2010
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#13 of 19 Old 05-13-2010, 07:57 PM
 
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Congrats!

I'm *so* hoping to be there in a few months when we get our house on the market. We'll be completely debt free with a leftover nest egg (for a potential future down payment) if it works out like we hope. So exciting to think about.

Wife to an amazing hubby, mother hen to four chicken3.gif 
(If you're curious, 2003, 2006, 2008, 2010, and yes, it's a busy house)
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#14 of 19 Old 05-16-2010, 08:19 PM
 
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Congratulations! That's a long way away for me but seeing other people do it is so encouraging!

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#15 of 19 Old 05-16-2010, 11:37 PM
 
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That's fantastic! I am so thrilled for you.
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#16 of 19 Old 05-17-2010, 02:58 AM
 
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yay i bet it feels awesome

mama to one '07 and one '09
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#17 of 19 Old 05-17-2010, 09:04 AM
 
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That is awesome , congrats!!

Happily Married to my : 11 yrs- Mama to wild-eyed monkey boy 7-04, fiery little girl 4-07, and the happy smiley baby that sleeps 11-09!
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#18 of 19 Old 05-17-2010, 09:57 AM
 
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Wow!!!!! What a great feeling.

Frugal, food growing mama to my four loves

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#19 of 19 Old 05-17-2010, 03:07 PM
 
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Wooohoooo!!!!

Resistance is futile Matey
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