Sunday, August 15, 2021

Getting Our of Debt

 Getting out of debt is hard work. Here is a message in social media that I read on how one gentleman worked toward getting out of debt. In advertising the phrase "try it you'll like it!"

It was close to $40,000 in 9 months. I didn't think it was possible. We have relatively low cost of living because we share rent and utilities with my sister. Saying no a lot. Finding things like furniture in decent condition on the side of the road and reselling on marketplace. Stimulus checks and tax return. I have a friend that I can work for occasionally where I can make good money. Also, I was lucky that I could use an insurance claim to pay off a car loan and paid cash for a used car. It was a combination of minimal spending, luck, and focus.
I wouldn't let money stay in my account. As soon as it hit my account, I would pay my debt immediately. No temptations that way.

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