Debt freee!!!!

[alfa147x]

In response to the claim that I make a lot of depressing posts here is my AWESOME post of the day.

I am officially debt free.
January I invested all but $500 of my liquid assets

I bought a car (borrowed $5000 from my mother) and well I miss calculated how much money I needed for my internship and racked up some credit card debt.

Well good thing Chase had 0% apr for the first 6 months. Paid that bitch off and my car.

Finished that crap last week.

DEBT FUCKING FREE

 

[Dr. Zaus]

It sounds like the bank of momey and dady has made this experience too easy for you; next time try this:

http://www.hulu.com/watch/1389/saturday-night-live-dont-buy-stuff

 

[alfa147x]

It sounds like the bank of momey and dady has made this experience too easy for you;/url]

lol

 

[eldorado99]

Congrats alphy.

http://www.youtube.com/watch?v=V5mZKZtIy2k

 

[Modelworks]

Welcome to the club !
Debt free is a wonderful feeling.

 

[HamburgerBoy]

It sounds like the bank of momey and dady has made this experience too easy for you; next time try this:

http://www.hulu.com/watch/1389/saturday-night-live-dont-buy-stuff

Ja, srsly. Buying a car, all those fancy Apple computers and camera equipment, and he's only 20? Rich bitch.

 

[ponyo]

You'll be back in the debt prison soon enough. Don't get too excited. Mommy and daddy merely posted your bail.

 

[Pardus]

In response to the claim that I make a lot of depressing posts here is my AWESOME post of the day.

I am officially debt free.
January I invested all but $500 of my liquid assets

I bought a car (borrowed $5000 from my mother) and well I miss calculated how much money I needed for my internship and racked up some credit card debt.

Well good thing Chase had 0% apr for the first 6 months. Paid that bitch off and my car.

Finished that crap last week.

DEBT FUCKING FREE

Debt Free is only temportarily. Sooner than later a big expense will come up and put you back into debt. Enjoy it while you can.

 

[alkemyst]

dude, you aren't even 21 yet. Being debt free is great, but talking just a car payment isn't so bad.

 

[SandEagle]

how can you be debt free if you borrowed 5k from mommy?

 

[Tweak155]

I've been essentially debt free* for about a year now, I like it.

*
I have a 0% credit card I choose to pay by exact monthly payments which will make it 0 balance before the 0% is up. I have the money to pay it but what is the point?

 

[IronWing]

how can you be debt free if you borrowed 5k from mommy?

Read the post. He paid it back.

 

[Balt]

Congrats, but I hope you learned that keeping only $500 in liquidity is a big mistake.

 

[tfinch2]

Let me know when you are debt free with a house, couple of cars, and a couple of kids.

 

[zzuupp]

Congrats!

 

[TakeNoPrisoners]

I've been essentially debt free* for about a year now, I like it.

*
I have a 0% credit card I choose to pay by exact monthly payments which will make it 0 balance before the 0% is up. I have the money to pay it but what is the point?

By paying it off you free up your income to use on other things later. Instead of needing to pay it off at whenever it is due you pay it off now and don't have to worry about it ever again.

 

[Jadow]

In response to the claim that I make a lot of depressing posts here is my AWESOME post of the day.

I am officially debt free.
January I invested all but $500 of my liquid assets

ooohh bad timing

 

[Corporate Thug]

Congrats, but I hope you learned that keeping only $500 in liquidity is a big mistake.

this. i'd rather make my car payment every month and be in debt but be liquid.

 

[Corporate Thug]

Let me know when you are debt free with a house, couple of cars, and a couple of kids.

when you die.

 

[ProfJohn]

You are not really debt free until you own your home.

Until then you are still paying someone else's debt for them by renting or paying for a mortgage.

 

[Doppel]

this. i'd rather make my car payment every month and be in debt but be liquid.

Me, too, absolutely.

 

[Jadow]

You are not really debt free until you own your home.

Until then you are still paying someone else's debt for them by renting or paying for a mortgage.

True, but when rates are 3.9% for a 30 year loan, I am perfectly happy paying someone else!

 

[ponyo]

True, but when rates are 3.9% for a 30 year loan, I am perfectly happy paying someone else!

true, but I still like paying 0% and paying myself.

 

[dawp]

I can fix that for ya, let me borrow your CC.

 

[alfa147x]

It's going to be a while till I buy a house. Renting is so much more hassle free.