UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next
Author: mlk58 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Re: is it hopeless Date: 9/1/2003 3:24 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 14
MLK58 has quite a testimony. She got out from under something like $132k in debt. Her life changed and now she is debt free! She is one of my heroes. The actual proves the possible. You can do it too!

Aw, shucks!

But yes, my DH and I got out of $137,932 in unsecured debt, plus (I never really talked about this on the board because it was too embarassing) another $80,940 in 401(K) loans and a loan I took out to buy into my law partnership. That total was definitely more than our combined annual income, but we got out in 40 months.

It was not easy, nor was it fun, but it was the best thing we've ever done and it feels GREAT to be on the other side!

Here is my Happy Dance post: http://boards.fool.com/Message.asp?mid=18984128&sort=recommendations

And here are some earlier ones you might find helpful:

It CAN be done!

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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.