More than 6 years in the making and today I claimed my Victory!

JoLLyRoGer

Diamond Member
Aug 24, 2000
4,153
4
81
Yes, I know, it's a brag thread and no one likes that, but it sure means a lot to me.

As of today I finally have zero credit card debt! It feels sooo good. At one time I had nearly $25,000 racked up on 5 different cards and I'm not a rich guy, just your average middle class wage earner. Finally made my last payment with today's paycheck.

Looking back on it it was such a mountain to dig out from under I never thought this day would come but as I got one paid off I just rolled that payment on to the next one. It's been a hard journey to say the least and all I can say is never again...

I closed them all except for 2 major cards with about a $12000 combined limit.. They are there in a pinch but I don't even carry the cards anymore, just cut up the cards when I get them that way I'm not tempted and I can just have one overnighted if the shit ever hits the fan.

Now it's time to start building the savings account up...

-JR
 

gooseman

Diamond Member
Oct 23, 2000
4,853
1
0
Congrats. Working on that myself right now. If it were not for a divorce, a bout with cancer, radiation and chemo. I'd probably be there right now but I'm getting closer.
 

JoLLyRoGer

Diamond Member
Aug 24, 2000
4,153
4
81
Congrats. Working on that myself right now. If it were not for a divorce, a bout with cancer, radiation and chemo. I'd probably be there right now but I'm getting closer.

Stay with it brother.. it can be done. :)
 

Geosurface

Diamond Member
Mar 22, 2012
5,773
4
0
Congrats. I got down to zero debt myself a couple of years ago. It was a good feeling.
 

Tweak155

Lifer
Sep 23, 2003
11,448
262
126
Good job. I wouldn't consider this a brag thread... getting $25k in CC debt isn't the smartest thing to do ;)
 

kranky

Elite Member
Oct 9, 1999
21,017
147
106
Agreed, it's a real accomplishment. Congrats to you for being determined, and reaching your goal.
 

rudeguy

Lifer
Dec 27, 2001
47,351
14
61
NICE!

You should go buy yourself something nice to celebrate :awe:

But seriously...I hope you flipped off the check before you sealed it up. It feels good to do stupid things like that.
 

WT

Diamond Member
Sep 21, 2000
4,816
59
91
Congrats !!! A grand achievement in today's society, where everybody buys on credit, and cash is an afterthought.

And I thought my 7k debt 10+ years ago was a lot !!
 

Sluggo

Lifer
Jun 12, 2000
15,488
5
81
Nice job, at least you caught yourself before it got any worse.

Some people don't learn until they lose everything.
 

madoka

Diamond Member
Jun 22, 2004
4,344
712
121
Yes, I know, it's a brag thread and no one likes that, but it sure means a lot to me.

The funny thing about "brag" threads is that they are all relative.

If you said you make $900K per year in a forum full of people making $1 million a year, nobody cares.

If you said you make $50K per year in a forum full of people making $40K per year, then everyone jumps on you for "bragging."
 

T9D

Diamond Member
Dec 1, 2001
5,320
6
0
I put $18,000 on my credit card this year (remodeling my house). Payment is only $100 a month though since it's a platinum card. I could pay it off right now but I'm keeping as much money liquid to buy investment properties. Once I have the rentals up and going I'll pay it off again though. That's the only debt I have, doesn't bother me with such a low interest rate, if it was like 29% like some people instead of 7% I'd be crapping bricks about it though
 

halik

Lifer
Oct 10, 2000
25,696
1
0
I put $18,000 on my credit card this year (remodeling my house). Payment is only $100 a month though since it's a platinum card. I could pay it off right now but I'm keeping as much money liquid to buy investment properties. Once I have the rentals up and going I'll pay it off again though. That's the only debt I have, doesn't bother me with such a low interest rate, if it was like 29% like some people instead of 7% I'd be crapping bricks about it though

7% is still a pretty huge rip, considering where the rates are right now...
 

Sonikku

Lifer
Jun 23, 2005
15,745
4,563
136
grats. Now run up the credit cars again and realize the American dream!