melissel Posted October 17, 2008 Share Posted October 17, 2008 DH finally got the commission check that represented months worth of sales and we PAID OFF OUR CREDIT CARDS! There was some last minute discussion about the most practical thing to do with the money, but ultimately...we did it! Now the only debt we have is our mortgage. I was the textbook example of the sucker for credit card marketing practices: Got my first card when I was 18 from one of those campus sign-ups, and it was all downhill from there. At our very worst point, we had $35K in CC debt alone. Over the past 8 years we've paid off two cars (one new, one used), bought a condo and then a home, and now we've paid our CC debt. When I look back at how much money we've blown on nothing...well, I could just kick myself around the room. But finally, here we are. DH is so excited too, but frankly, in spite of all we've been through, I am going to have to pry that **** card out of his hand. I already mentioned him giving it to me to put away and he was instantly miffed :glare: Then we got distracted. So, uh, wish me luck on the next leg of this journey, eh? :tongue_smilie: :party: Quote Link to comment Share on other sites More sharing options...
JudoMom Posted October 17, 2008 Share Posted October 17, 2008 DH finally got the commission check that represented months worth of sales and we PAID OFF OUR CREDIT CARDS! There was some last minute discussion about the most practical thing to do with the money, but ultimately...we did it! Now the only debt we have is our mortgage. I was the textbook example of the sucker for credit card marketing practices: Got my first card when I was 18 from one of those campus sign-ups, and it was all downhill from there. At our very worst point, we had $35K in CC debt alone. Over the past 8 years we've paid off two cars (one new, one used), bought a condo and then a home, and now we've paid our CC debt. When I look back at how much money we've blown on nothing...well, I could just kick myself around the room. But finally, here we are. DH is so excited too, but frankly, in spite of all we've been through, I am going to have to pry that **** card out of his hand. I already mentioned him giving it to me to put away and he was instantly miffed :glare: Then we got distracted. So, uh, wish me luck on the next leg of this journey, eh? :tongue_smilie: :party: :cheers2::hurray::thumbup: Quote Link to comment Share on other sites More sharing options...
bettyandbob Posted October 17, 2008 Share Posted October 17, 2008 That's awesome. Quote Link to comment Share on other sites More sharing options...
mazakaal Posted October 17, 2008 Share Posted October 17, 2008 Congratulations! That's great news. :001_smile: Quote Link to comment Share on other sites More sharing options...
Pretty in Pink Posted October 17, 2008 Share Posted October 17, 2008 congrats!!!!! we just did the same thin. it is such an awesome feeling! Quote Link to comment Share on other sites More sharing options...
Nestof3 Posted October 17, 2008 Share Posted October 17, 2008 So proud of ya'll! Great job! We paid ours off a couple of months ago as well and now only have the van and mortgage (2.5 years for each). We had 5 credit cards at one point, though we didn't use them all at one time. We closed 3 of them. He has his, and I have mine. We like to use them for online purchases -- we don't like giving our debit card # out. Quote Link to comment Share on other sites More sharing options...
Heather in the Kootenays Posted October 17, 2008 Share Posted October 17, 2008 That's really impressive. Good luck with the next part of the journey. Quote Link to comment Share on other sites More sharing options...
sleepy Posted October 17, 2008 Share Posted October 17, 2008 That's awesome! Congrats, good for you, and good luck! :001_smile: Quote Link to comment Share on other sites More sharing options...
fractalgal Posted October 17, 2008 Share Posted October 17, 2008 DH finally got the commission check that represented months worth of sales and we PAID OFF OUR CREDIT CARDS! There was some last minute discussion about the most practical thing to do with the money, but ultimately...we did it! :party: That was a smart move, and I bet you can feel a huge weight lifted off you. :) Quote Link to comment Share on other sites More sharing options...
PariSarah Posted October 17, 2008 Share Posted October 17, 2008 What an accomplishment!!! Quote Link to comment Share on other sites More sharing options...
Chris in VA Posted October 17, 2008 Share Posted October 17, 2008 Congrats! I hope to join you one day... Quote Link to comment Share on other sites More sharing options...
Amy in Orlando Posted October 18, 2008 Share Posted October 18, 2008 Congrats! I hope to join you one day... :iagree: Great job!!! Quote Link to comment Share on other sites More sharing options...
smilesonly Posted October 18, 2008 Share Posted October 18, 2008 Yay!!!!! Congratulations!!!! Very inspiring! Quote Link to comment Share on other sites More sharing options...
keptwoman Posted October 18, 2008 Share Posted October 18, 2008 Congratulations! That's fabulous. Quote Link to comment Share on other sites More sharing options...
Once Posted October 18, 2008 Share Posted October 18, 2008 Congratulations! You did well! :party: Now go celebrate cheaply! :D Quote Link to comment Share on other sites More sharing options...
Stacie Posted October 18, 2008 Share Posted October 18, 2008 Congrats! That's quite an accomplishment to be proud of. Quote Link to comment Share on other sites More sharing options...
CookieMonster Posted October 18, 2008 Share Posted October 18, 2008 Quote Link to comment Share on other sites More sharing options...
melissel Posted October 18, 2008 Author Share Posted October 18, 2008 congrats!!!!! we just did the same thin. it is such an awesome feeling! Congrats to you guys too! So proud of ya'll! Great job! We paid ours off a couple of months ago as well and now only have the van and mortgage (2.5 years for each). We had 5 credit cards at one point, though we didn't use them all at one time. We closed 3 of them. He has his, and I have mine. We like to use them for online purchases -- we don't like giving our debit card # out. Wow!!! 2.5 years on your mortgage, that's amazing. I can't even fathom that. My main goal right now is savings up 6 months worth of expenses so I can quit my job. I'm not sure that will ever actually happen, but we'll keep our eyes on the prize :D That was a smart move, and I bet you can feel a huge weight lifted off you.:) Yes, totally. Our credit is good, so we moved the debt around a lot, always keeping it at 0% or 1.9% or 2.9%. We briefly debated putting the money in a short-term CD, which would offset the small amount of interest we'd be paying on it, and adding it to the "quit my job someday fund," but as badly as I want to quit, I just couldn't NOT pay off those cards. It really is like a rock lifted off my shoulders. Congrats! That's quite an accomplishment to be proud of. Well, I'd be prouder if we'd smartened up a lot sooner, but I'll take what I can get :lol: Thank you all! I appreciate all your kind words. I didn't really have anyone else to tell, and I think DH is tired of hearing me talk about it :lol: I'm actually kind of giddy about it! Quote Link to comment Share on other sites More sharing options...
Jennifer in MI Posted October 18, 2008 Share Posted October 18, 2008 CONGRATS!!!!!!! Are you following DR? What's next? Dh and I are working on our mortgage now (our only debt). Gee - officially, only 28 more years left!!! (Obviously, we're trying to pay it off much faster!!) Quote Link to comment Share on other sites More sharing options...
missplacedalaskan Posted October 18, 2008 Share Posted October 18, 2008 Congratulations!!!!! Quote Link to comment Share on other sites More sharing options...
Jennefer@SSA Posted October 18, 2008 Share Posted October 18, 2008 :hurray::hurray::hurray::hurray::hurray::hurray: That is truly fantastic! Congratulations!!! Quote Link to comment Share on other sites More sharing options...
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