New Year’s Resolutions Start a Day Early

Back in college I decided to focus on my studies and not work. This was great for my grades but terrible for my finances. Pretty much everything went on a credit card. Theory was - I’d graduate, land a great job and then pay off the debt. Well, things didn’t play out that way. I graduated and found a job, but the debt hung around. That was until today - I finally paid it off - all $6800 dollars of it.

I am very optimistic about the coming year knowing that my credit card debt has been eliminated. I didn’t do anything spectacular to get rid of it. I simply followed some advice I found on other blogs - consolidate to a low interest card, pay more than the minimum and set goals.

I feel totally relieved knowing that all my credit card debt is gone. This allows me to max out my 401k, save for a house and build up an emergency fund. From now on, if I can’t pay for it in cash, I don’t need it.

I guess I started my New Year’s resolutions a day early!

December 31, 2007 | Filed Under Credit Cards 

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