WHY DO YOU WANT TO BE DEBT FREE? I thought about this today while my students were taking a math test, that involved first graders counting a mixed group of coins (I put some tougher questions on the test because my kids are advanced, mixed coins and bills and subtraction) I had a class average of 93 by the way. But Friday is quickly approaching and it being payday I have my plan of attack. But I stopped to ask myself why? Spring Break starts on Friday and I am doing nothing. I could take the get out of debt now money and take a trip or shop but I am not.
Why do I want to be debt free (revolving, student loans too high, mortgage just too new) ??? To be honest I just feel like it is the next big step. What about you? No one in my family is debt free, they did not own homes at my age either so I do not have an immediate role model. I do not know completely random ramblings...
Wednesday, March 19, 2008
WHY DO YOU WANT TO BE DEBT FREE?
Posted by Its No Joke, I'm So Broke at 4:51 PM
Labels: debt reduction, life questions
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4 Comments:
I want to be debt free so I have the freedom of "having" to earn X amount of dollars a month. Sure, I want to make a decent amount of money in order to save for my future and to enjoy some things this world has to offer... but in the big scheme of things, I do not want to ever be stuck in a job I dislike because of money. I do want to see all of my hard earned dollars go out of the window in interest. I am tired of the cycle.
edited to say/// "I DO NOT WANT to see all of my hard earned dollars going out the window."
I pay out a few grand every month in payments to various credit cards, student loans, and my mortgage. If I were debt free, I would be able to keep the money I earn. When you don't have to make any payments on debt, you have money. Sadly it is as plain and simple as that statement.
Because then I can make a "FU" fund and feel like I'm actually making real progress in my life instead of stepping backwards and filling the hole of debt with cash
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