As of today, May 16th, 2014, Ron and I are officially out of credit card debt.
Let me just say that again….
WE ARE OUT OF CREDIT CARD DEBT!!!!!!!!
(Gee, it feels good to type that sentence!)
If you’ve been reading my blog for a while, you might recall that it was May of 2013 when we took my dad’s advice about a process for paying down our debt and finally got really serious about digging ourselves out of the financial hole. A year later, we’ve accomplished it. I know I probably sound all braggy, but trust me, it was a long, crappy, depressing year filled with a lot of work, cost cutting, saying no to things, and very little fun. So I’m gonna brag a little, because I feel like we’ve earned it. I couldn’t be prouder of us.
A year ago this time, between my personal credit card, Ron’s credit card, and a joint household credit card, we were $26,000 in debt. It took me a long time to be able to admit our debt number to people, because I was ashamed of it. I knew we’d racked up that debt with some legitimate costs, but most of it was the result of a lot of careless spending, on stuff we didn’t need or love. Whether our number was more or less than anyone else’s is irrelevant – what matters is that we don’t have the income to support carrying that kind of debt, so for us, it was a really bad idea. Not to mention, the interest those cards were accruing was DISGUSTING. In order to pay it off in a year, we have been trying to come up with roughly $1,300 just in credit card payments every month, which let me tell you, was no easy feat with my variable actor income, and all our other bills.
But it’s over now – we have paid off every single penny, and it feels amazing. A week ago, when I asked Ron what he thought it would feel like to finally have it all behind us, he said, “I imagine it being like when the main character in a fairy tale is finally freed from the spell of an evil witch or wizard or something. That’s what this past year has felt like – like we’ve been under some kind of bad curse that couldn’t be broken.” That’s actually a pretty accurate description. Now we just feel…FREE.
I’ll write a post sometime soon with more specifics about our pay down process for anyone who is interested, but today, we are just going to celebrate. Ron took the day off work, and I don’t have a ton I have to do so we can spend some relaxed time together. We have a fancy bottle of champagne we’ve been saving for a special occasion, and I can’t think of a better time to drink it. While we still haven’t bolstered our account up enough to go out to dinner to celebrate, we’ll make a nice dinner at home, and the character I play on Grimm is in tonight’s episode (season finale!), so we’ll probably stay home and watch that. And we won’t have to feel guilty about any of it, because we aren’t charging anything to make it happen, and it’s totally within our means.
Best. Day. Ever.