Comments on: Debt Free – Can you see the day you become debt free?

By: bluntmoney

bluntmoney — Sun, 17 Jan 2010 23:56:46 +0000

Seeing it is half the battle. Once you do that, and really believe it's possible, you'll get there.

By: Frank

Frank — Wed, 14 Nov 2007 01:38:54 +0000

Hey Mark, I can certainly relate. I was fortunate that I bought a house before going crazy with debt, but on the other hand, that is still more debt to deal with too. Recognizing the problem is the first step in the right direction though. Keep at it!

By: Mark

Mark — Tue, 13 Nov 2007 19:05:42 +0000

I’m in a similar boat. I realized the error of my (spending) ways about 4 or 5 months ago. I had about 18,000 in debt, all of it credit card. I’ve really gone through and cut out a lot of unnecessary expenses and now am paying about it down to the tune of almost $1000 per month. It’s a little disheartening to look at my college classmates who have downpayments for houses already saved, but I’m no longer moving in the right direction!

Posts like this help me remember that I’m not alone and that as long as I keep moving in the right direction I’ll get there.

By: Carnival of Personal Finance #124 is up… - Blunt Money

Carnival of Personal Finance #124 is up… - Blunt Money — Tue, 30 Oct 2007 00:50:20 +0000

[...] brip blap’s Follow the White Rabbit to Financial Freedom – Finance and Fat’s Can You See the Day You Become Debt Free? – Clever Dude’s Calculate Financial AND Opportunity Costs of Your Decision Go to: Home page [...]

By: rocket finance » Blog Archive » 124th Carnival of Personal Finance

rocket finance » Blog Archive » 124th Carnival of Personal Finance — Tue, 30 Oct 2007 00:33:39 +0000

[...] I identify with a post at Finance and Fat entitled can you see the day you become debt free? [...]

By: Frank

Frank — Tue, 23 Oct 2007 14:12:46 +0000

Thanks bluntmoney. That seems to be the case the further I get into this.

By: bluntmoney

bluntmoney — Tue, 23 Oct 2007 01:51:39 +0000

Seeing it is half the battle. Once you do that, and really believe it’s possible, you’ll get there.

By: Frank

Frank — Mon, 22 Oct 2007 16:58:55 +0000

@Dawn- Yes, very true. It has become difficult in our culture to look at long term results rather than short term (usually temporary) fixes. I think that is something I am slowly figuring out. Being faced with as much debt as I have, I needed to understand that the ONLY solution is a long-term solution.

Those are some great debt free goals you have laid out there.

I wonder if it is even possible to become debt free without having specific reasons for wanting to achieve it. Is it the lack of these goals that leads us into debt in the first place? Sort of a chicken or the egg question, but something I have fun thinking about.

By: Dawn

Dawn — Mon, 22 Oct 2007 16:29:48 +0000

It’s cool that you are looking at what can be rather than what was. The past can’t be changed so why dwell on it. (It’s rather addictive once you start making your money serve you rather than you serving your money). You will get where you want to be it just takes time. Don’t you think we Americans get so fixated on immediate results? Correcting past money stumbling takes time!
I have three things that drive me to become debt free. 1.)The peacefulness and sense of accomplishment I will see in my hubby’s eyes. 2.)The personal financial responsibility legacy we will leave for our sons. 3.)The potential to allocate our resources and time to paying it forward … (my secret goal is for hubby and me to join the peace corp and help somewhere).
In closing I think we just have to keep faith in ourselves that we are capable and let go of self-judgement on our past mistakes.