Anonymous
To give all of you an incentive to keep up the good work. I can honestly say I would not be able to live as comfortably as I do now if I hadn’t made the effort to get rid of my debt and as importantly stay debt free.
Like some of you here, I had student loans, a debt inherited from a failed marriage and personal debt in the form of credit card balances. It took 5 years, I lived very frugally and hardly saw my son as I was working two jobs. Once I’d paid everything off I suddenly had almost 50% of my income to myself again, so as I was used to living on a shoestring I started putting most of that spare cash into various savings schemes, from bonds to precious metals no bank accounts, the interest rate isn’t worth it.
Now however, because of that hard work, the family have grown and it’s just me. I can afford to work part time and I’m on the home straight to retirement in a couple of years (I can’t wait)