Wednesday, July 23, 2008

The Debt is Dead

It’s official. I am now free of all credit card debt. I got the letter last night from AMEX stating that all the remaining interest on the account (about $4000) has been forgiven and my balance is now zero. I am in shock. Four years of consistent forward movement towards this goal carries a hell of a lot of inertia. Now what? I do not want to lose momentum and fall back into destructive behavior. I am looking to walk the fine line of making sure that I give myself space to enjoy this success without piddling away the gains I’ve made.

The plan: Use a chunk of what I would have paid towards debt next month on my trip to VA Beach for the Half Marathon. Having a buffer for that makes me feel a lot more comfortable. After that, I’m rolling that money into savings in my ING account. I will not fall victim to lifestyle inflation. I hope that I can keep myself in check and save up a substantial amount towards one day buying a house. That is a worthwhile goal I can sink my teeth into.

But for now, for today, I’m content to bask in the glow of this accomplishment and just feel good. I’m entitled!


MJ said...


DINKS said...

CONGRATS girl! That is seriously amazing - you're on fire now :)

Anonymous said...

Wow! Congrats! That's awesome!


Thanks MJ, J, and Megan! It feels so incredibly fantastic :)