Monday, November 30, 2009

Why Become Debt Free?

As stated in the last post, I started my debt free journey 2 years ago and it been a crazy wild trip. It hasn't all been fun, matter of fact about 35% of the time I have struggled. I have moved 2 times during the process, worked 2 jobs, and fixed my car at least 4 times without resorting to throwing in the towel and buying new. Its not all that easy refraining from a habit you have kept most of your adult life.

When I share my story with people I get a variety of questions and responses like : "you could die tomorrow" or "you never get to have fun" or my very favorite one "good luck with that" Its never really bothered me much because from day one I started seeing progress. However the biggest question would always remain "why do this?" Well let me tell you my list could get rather long but since this is a new site and I want folks to come back I will just leave you with my top 5 reasons.

1. Being broke sucks!! - Yep I said it, I never realize in all my 27 years how much I DIDN'T get to do, until I started getting out of debt. Sure I ate at the occasional steakhouse or took a trip a state or two over once a year and I even shopped when I felt like it. But man once I started focusing on paying off debt I saw how much of a life I DIDN'T HAVE. My friends were always going on trips, going to parties, buying clothes every other day, driving nice cars and doing things I dreamed of when I didn't have money. I never noticed because I was too busy keeping afloat so it didn't seem like life was really happening around me. Now that I am almost debt free I have found a million and one things to do AFTER im debt free, and prayerfully I get to do them now that debt won't be holding me back.

2. I can't ever give to people in need - Have you ever said to someone "Im sorry can't help you money is tight" 20 or more times?? I know I have and its not a good feeling when you can't help those especially in your family, when they are in need. Becoming debt free has given me much financial backing enough so that I COULD do for others, not all the time but way more than I ever could before. Not only can I give money, I don't even have to (nor will I ) expect it back. Talk about a good feeling eh?

3. I hate telling folks I like to travel but never do - I went to south Africa when I was 17 and that was a couple months shy of 10 years ago. I would love to travel outside of the country again and even go to cool places in the states, but money has always been an issue, im looking to renew my passport soon and hopefully this time I can use it more than every 10 years.

4. I want to get married one day - Ok guys so be serious with me for a moment, have you ever dated someone and have one of the requirements be "you must have a credit score of 700 or more to date me" Ok me neither but I don't plan on it either lol. Seriously who wants to go into a marriage with LOADS of debt? Money fights is one of the main causes for divorce and I do not want to end up being like 50% of America.

5. I want to pay for my kids college - I don't actually have children yet and I pray the lord blesses me with 4 little ones, but I want to be prepared. I don't want to have college NOT be an option for my kids or have them be bogged down by financial problems that they can't focus on their studies. I know how difficult it has been for me in the past and I want my kids to not only have an opportunity to experience a debt free college but I want them to graduate knowing how money REALLY WORKS which apparently you can't get that in college.

So these are my top 5 reasons for wanting to be debt free. I am aware that some people might not actually agree with the path im on but its been very rewarding. I look forward to sharing more about my progress and one day you will get to hear me scream IM DEBT FREEEEEEEEEE!! So if you have reasons for wanting to be debt free let me know, or if you think its all crazy you can tell me that too lol what ever you do though give me a buzz!!

1 comment:

debt arbitration said...

Best solution I think to become debt free is to use credit cards properly don't use it for anything not so important other than emergencies.