Debt Free? I Am & I Can’t Believe It!

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I’m Finally Debt Free

I Can't Believe It! I'm Debt FreeIt has taken me a little over 2 years, but I did it. I finally became debt free! Looking back on my financial situation, I can’t believe I let myself get into that mess. I had 2 department cards, a finance company loan, and when I found out I was pregnant with my 4th child, I decided that I needed a bigger car and went out and got a car payment. Becoming debt free has been a journey for me, but I started small. Couponing was the beginning of me taking control of my finances. No more going to Walmart and almost having a heart attack at the register when my total ended up being over $200 for a few bags of groceries. I had to get smart about the way I was spending my hard-earned money. I had my future to think about, my family’s future. I know that I needed to make a change, I didn’t want to leave them with debt and I want them to be free of that when the time comes. Now when I get older and get further on down the line I can look at applying for a life insurance for seniors policy to help cover expenses so my family doesn’t have to pay from their pocket putting them in the same situation as me. I needed to be smart now so we all could benefit in the future.

What I Did First to Become Debt Free

After reading everything I could about financial tips & tricks, I was ready to put my new financial plan into action. I started paying my debts down starting with the smallest one like David teaches, which were my department cards. It wasn’t that hard to get rid of my department cards. The balances were not too high because, of course, they hadn’t given me a very high credit limit.

Then came the finance company. I started paying all my extra money towards the loan and watched the balance fall. Of course when I went in to pay the balance off, they tried to get me to renew the loan and basically begged me. I don’t think they were used to people paying on time or even paying their loans off early. To this day they are still sending me postcards trying to get me back in for another loan and have actually sent me a check through the mail. I quickly rebuked that check and put it in the shredder.

What was Left?

Now I was down to just my $419 car payment. Yes, I had a $419 a month car payment. No, I don’t know what I was thinking and if I remember right, the sales man was not even that cute to have talked me into a $419 car payment. Take a look at the picture above. That is $419 of cold hard cash. Can you believe I was giving the bank that much money every month for a car that is nowhere near the value it was when I first purchased it? The car loan I had was for 5 years and with a good budget, couponing, and discipline, I was able to pay that car off almost 3 years early. I’M DEBT FREE!! I really did think about screaming that in the bank lobby when I paid it off, but I held it in. Now I am on my way to saving up my fully funded emergency fund.

If you are drowning in debt, take some time to research financial planning & look for David’s posts. These findings opened my eyes to how you really should be handling your finances and how life can be without a creditor’s hand in your pocketbook or wallet. There is a lot to read out there about finances and I have read almost all of it. Once that fire is lit to get rid of the debt, it is hard to put out. Imagine even with a small salary what you can do with it if you didn’t owe anything to anybody. I know I will never put myself in a bad financial situation again. FREEDOM!!!!!!!!



  1. I so wish I could do this! I have listened to the webinars numerous of times but when your bills are more then the bring home I just don’t see it. I don’t think David knows how I can get out of this mess lol

    • Trust me Patty…David knows what he is talking about. Depending on your debt and income it may take longer but his strategies do work. Start with couponing to reduce your grocery budget then build from there. If you don’t try something different than what you have always done don’t expect changes. Just saying.

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