No. of Recommendations: 0
<<I just have to vent a little. I have it figured that I will be debt-free on Christmas of '01 !!!! Now I'm 26 years old now so that means I'll be living like this until I'm 30!! ( My birthday is in December). This is really depressing me. I've been on strict debt-free bootcamp since November '97. I feel like I'm missing out on so much. Like a sweet apt. in San Francisco instead of this dreary ghetto land I'm in. And new clothes, etc...>>

I understand. My wife and I have taken on no new debt for about two years now. It will be about two and half years before we complete "The Great Payback." I am keeping myself motivated by reading The Motley Fool, great books, and this board. This board is great for advice and encouragement. Debt is the ultimate source of marital stress at my house, so getting out from under is definitely worth the effort.

The books I'm using for inspiration, motivation, encouragement, education are (wonder if I missed and "ations" there).

You Have More Than You Think
How to Get Out of Debt, Stay Out of Debt, and Live Prosperously.
Currently reading
The Millionaire Next Door

The challenge I am going through now is changing the mind set from consumer to saver, and convinceing my wife that we need to save a large portion of income. My biggest concern is after the debt is paid if there will be enough years to accumulate wealth to retire comfortably, let alone how to pay for college for three.

~~paul
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement