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Consumer & Financial Affairs Warn others about scams or provide tips on saving a few bucks. Seek advice on investments--stocks, mutual funds & 401k's. Where's the best best place to bank?

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Old 02-27-2013, 12:07 AM   #1
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Debt Free



100% debt free!!

I owe not one dime to anyone. House paid off, cars paid off, no credit card debt, no home equity loan, no anything...

All monthly utilities and insurance premiums paid up so I was able to put 100% of my last paycheck into the savings account.

Weird to have a payday and NOT having to send someone a check for something....
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Old 02-27-2013, 12:21 AM   #2
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Congrats. I doubt I'll ever be able to make that post myself.
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Old 02-27-2013, 12:25 AM   #3
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Quote:
Originally Posted by Rommey View Post


100% debt free!!

I owe not one dime to anyone. House paid off, cars paid off, no credit card debt, no home equity loan, no anything...

All monthly utilities and insurance premiums paid up so I was able to put 100% of my last paycheck into the savings account.

Weird to have a payday and NOT having to send someone a check for something....
That is what my husband has been working towards, and we are almost there. It makes me crazy, though, when he makes the big overage payments every month, but I know it is the way to go. Congrats, you did it! What a great feeling!
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Old 02-27-2013, 03:26 AM   #4
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Good Job!
Congratulations!
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Old 02-27-2013, 04:35 AM   #5
Thats how them b*tch's R
 
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That's awesome. Congrats!
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Old 02-27-2013, 05:53 AM   #6
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Great job! But you still live in MD.
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Old 02-27-2013, 06:16 AM   #7
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I'd be more than happy to send you some of my bills to pay. Wouldn't want you to get out of practice...
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Old 02-27-2013, 06:55 AM   #8
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Sorry to hear you don't have a home loan interest deduction for your income taxes.

You need to find a tax shelter
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Old 02-27-2013, 06:56 AM   #9
I am so very blessed
 
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That is awesome!

Wish I could say the same.
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Old 02-27-2013, 07:04 AM   #10
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Congratulations.

Build up a 6 months of expenses Emergency Fund if you don't already have it. This is money to be put away somewhere ultra-safe and don't even think about it as a source of cash.

You are ahead of 70% of the US Population. Enjoy FFFFFRRREEEEDDDDOOOOMMMMMM!

I suggest a book by Dave Ramsey. Dave's book The Total Money Makeover is not just for getting out of debt. You can read it in a couple of days tops.

Again, congratulations and welcome to where 30% live. And what a time to achieve it.
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