Original Post – 3/26/2016
5512221…I wish that Tommy Tutone had changed Jenny’s number but alas, those digits represent my debt…a grand total of $55,122.21. Reality is that we have been working towards getting out of debt in some fashion since about 2006/2007. If we would have followed our original plan we would be completely debt free by now, including the home we owned at the time. Instead, we got off course and have bounced around the track since.
I believe we started out with 11-13 debts that included three credit cards, a vehicle, and student loans. We paid off the car and 2 of those credit cards over time, but accumulated more student loan debt, more credit card debt, and debt to complete our adoption. In the end they all resulted in good things, but the burden of that debt still remains.
After looking at that timeline (and already not being a person of patience) the remaining number has officially received an eviction notice. If we were just making the minimum payments on each debt, we would still have another 16 years to go. All my children will be gone from home by then, meaning we would have missed serious opportunities to enjoy our family life. I decided it was time for change, and I have been working on a plan and finding different tools to help me along the way.
“You should owe nothing to anyone, except that you will always owe love to each other. The person who loves others has done all that the law commands. “ Roman 13:8 Continue reading