$10K ... PAID towards debt free living
When I turned 18, I got my first credit card. It felt powerful and I thought I could
do anything. I remember going out one afternoon with friends to the swankiest bar
in Boston and had a fabulous lunch with drinks then I followed it up by going to
Gucci and buying a pair of $300 dollar sunglasses. I felt great and I looked great
but something was missing. The Tiffany bracelet that I had been coveting. So I bought
My credit kept getting extended and I kept making payments but I was living well
above my means. I really thought that I could live that type of life.
When Spring Break was mentioned we decided that we would take 2 weeks instead of
1 and go to Europe. We went everywhere, did everything and I charged it all. I don't
know when I realized that I was in way over my head and that it was time for my
credit obsession to stop.
I was 23 when I discovered I was well over $18,000 in debt. My parents, fortunately,
helped me negotiate down almost $8,000 and I contacted a debt consolidation company
and I consolidated the rest.
I had to learn to go without a lot of things because my payments were nearly $200
per month and if I missed any it would jeopardize my credit. I got used to it and
it seemed like it was never going to end.
Today I went to write my check for $200 and I knew that I was getting a little close
to the end so I decided to call to get my payoff balance.
As I wait for her to get my balance I am thinking of all the crazy impulse purchases
I made and how long I have been paying the company. She told me that my balance
After 5 long years the craziness of my early 20s is finally paid off.
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