Most of you know how in 2015 I started paying off $35,500 in debt and finished that in 2019. After that I switched over to focusing on paying off my house which is where I’m at right now. I’m making payments of $2,620 (2.5 times more then due) each month to have it paid off in the early part of 2022. It’s been journey of sacrifice, determination, and faith.
I’m definitely feeling a bit “over it”. I guess that’s why I’m out here try to find a bit of a spark. It reminds me of mile 24 when I ran a marathon where you hit the wall, start walking a bit, and know the finish line is not much further but you’re beyond tired.
I see all that money going towards debt each month and can’t help think boy it sure would be nice to use that money to start fixing this place up or just having it available in an emergency/retire early fund. I’m fortunate though that I’m able to do this without scraping by each month and not being forced to eating rice and beans.
I shake my head wondering how the hell these young families are doing it when they drive around in brand new $60,000 plus trucks towing a huge travel trailer that’s towing 4 quads! I’ve said it before our culture and economy is based on buy, buy, and buy. I know now though keeping up with Jone’s isn’t the path to take. The Jone’s are living paycheck to paycheck with less then $1,000 in savings, and drowning in debt.
So at mile 24 I’m focusing on faith. Within me is a knowing, just like giving up alcohol, that finally getting out of debt at age 55 will provide me new freedoms and new opportunities for further growth. Even though we don’t hear any of this from the media, I know it’s true. I think I’ve subscribed to others out here going through debt journeys, but not much pops up on my reader? It’s definitely a topic people don’t like to confront or talk about for sure.
I’ll tell you though I definitely preach it to my kids to stay out of debt as much as possible. I tell them to live a simple life where having experiences instead of things is the focus. I wish I could of shown them this more growing up, but at least they’re seeing it now from me.
If you’re part of this get out of debt small group, keep the faith and know I’m rooting for you.
WE WILL DO THIS! WE WILL REACH A NEW FOUND FREEDOM!