UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Next Thread
Author: yaszmin Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308674  
Subject: Happy Dance and Thank You! Date: 10/8/2012 9:50 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 43
In August of 2007 I posted on this board about being almost $40,000 in debt and needing some help and accountability to pay it off. I'm happy to report that as of October 1st, 2012, I officially am debt free except for my mortgage. I couldn't have done it without a lot of the valuable advice I received here and a lot of the information I learned by reading other people's experiences, questions and responses on this board. It seemed only right that I come back to say, "Thank you!"

It was a long road to pay off the debt and it required a lot from me, but I finally made it. I will admit that I made some choices along the way that may have seemed at odds with the goal (travel, home purchase, etc.) but I always kept the goal in mind and made those decisions understanding that I might experience some delays in getting to zero. Along the way, I discovered YNAB (thanks again to a few Fools who were using it) and it helped me in making sure those decisions didn't completely derail my progress and that they were in line with my personal values.

I've paid off the credit cards and own my car outright. I have a mortgage, but one I can afford and at a low interest rate. I still use credit cards, but only within the boundaries of my income, paying the cards off in full every month. For a while, I couldn't do that, but I have learned to live within my means. I may sometimes have overspending, but I have the tools I need to adjust quickly and easily to ensure I don't end up back on the road to debt. I have taken some trips that were paid for outright. I've paid for my weddings and all associated costs outright. I've continued putting away money for retirement. The list goes on. In essence, I have learned how to make my money work for me and how to use it effectively.

Even though I haven't been actively posting on this board for a while, I have never stopped putting into practice the principles I learned here. I credit this board especially with a lot of the knowledge I gained and learned to use. There were other sources, but I can't thank every author or blog poster I may have read. I do, however, want to thank each and every one on this board who helped me personally or who posted helpful advice in general. I appreciate you all and it seemed only fitting to come and share my good news with you. It really feels good to be free! Thanks again!!!
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post Back To Top
Author: Fuskie Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 306040 of 308674
Subject: Re: Happy Dance and Thank You! Date: 10/9/2012 2:15 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
Fantastic! Now let's hear about your new savings goals beyond retirement and how you are redirecting the funds that were going towards debt to work for your future!

Fuskie
Who notes these success stories help give hope to others who are just starting to deal with or are still working through their own burdens...

Print the post Back To Top
Author: Gingko100 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 306041 of 308674
Subject: Re: Happy Dance and Thank You! Date: 10/9/2012 7:39 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
That is awesome - congratulations!

Print the post Back To Top
Author: greenvillewolf Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 306046 of 308674
Subject: Re: Happy Dance and Thank You! Date: 10/10/2012 11:22 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Way to go!

Print the post Back To Top
Author: mjw3786 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 306176 of 308674
Subject: Re: Happy Dance and Thank You! Date: 10/31/2012 4:00 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
congrats to you! always great to see these successes. best to you now and in the future...

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Next Thread
Advertisement