No. of Recommendations: 46
I don't really know what triggered it, but pretty much since I was 18, I've had some form of credit card debt. In college, 3 times I built up debt and then whittled it back down to $0 to start over again. The last time I had $0 in credit card debt was just before I graduated college 8 years ago. Since then, I started with moving to a new town, then an episode of depression where I didn't give a crap about anything, bought a house, then just bought random stuff, and then went through a year of unemployment. Through this entire time, I've had not the best will power and not buying stuff. The joy of having this stuff fades but the burden of looking at my credit card balances weighs me down every single day. I make a solid salary but this is just shameful to me. I was making good progress a few years ago and then unemployment struck. Since I've been employed, I've paid off the peak of my credit card balance in about 2 years 3 months. Yep, it peaked in March 2010 at well over 5 figures and it is now $0 as of this morning. I received my mid year bonus this morning and it went to pay off the credit cards. I even had a little bit left over but that's going straight to the savings account. And the money that I've been putting towards debt pay down will now just go to savings.

I used to post regularly but stopped. This shows that I've been keeping it up though. Feels good to see $0 on the balances. Also, pretty much through this entire ordeal, the highest interest rate that I've been paying was about 5.39% through smart use of balance transfers for life at a fixed percent rate.

Man, it's been a journey but I'm so glad that it's over. And I've learned lots of things to keep it from happening again.

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