Kim's Blog

True confessions of an Internet Mail Order Bride.

Saturday, August 16, 2008

Debt Free and Loving It!

Wooo!! Or, Whew!, as the case may be. Today I made my final (huge) payment on my debt, and now the only bank I owe is the one that owns my house and the one that owns my car. I honestly owe most of my money to the Bank of Henry, who has helped me pay off all of my debt in the States. From now on all of my bonuses and cash goes straight into my car and our mortgage, which is a much nicer feeling than paying off the excesses of my 20's. I have learned a good lesson on how awful it feels to be in debt - there is so much pressure on you when you're under a massive amount of consumer debt. I am grateful to be out from underneath that and hope to never go back. Thankfully, Henry is pretty good with money and takes great care to make sure we have the cash for a major purchase before we go out and buy it.

I'm just glad it's over, and now all the money I make is actually mine again. Yay!!!

3 Comments:

At 8/16/2008 10:42 PM, Anonymous Anonymous said...

Congradulations!!! We are proud of you (and Henry!!) Now start saving your money to take care of your parents in their dottage!! Enjoy your freedom--
Love, Mom

 
At 8/18/2008 10:54 AM, Blogger Jen said...

Yay you!!!

Isn't it wonderful? I recently paid off my car & I'm LOVING having that extra $700+/month to save for my trip to the UK next summer :o)

 
At 8/29/2008 11:00 AM, Blogger Steve said...

You're not American anymore if you're out of debt!

 

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