Saturday, May 15, 2010

Less debt and more freedom.

I may have posted a couple of weeks ago about how we have paid off all of our credit card debt. This was a huge task but it feels absolutely incredible to have done it. Debt is like a black cloud hanging over your head. It impacted almost every decision we made for years and years. I couldn't change jobs because making less money meant not being able to pay our bills. Now that those bills no longer exist I am finding myself with more freedom than ever before. I can now go back to school if I choose. I can spend time working on gmat prep if I want to and not feel guilty for doing so. For years I felt locked into my job because it allowed us to stay ahead of the incoming bills. Now I can make choices because they make me happy rather than out of obligation. I have wanted to be able to go back to school and now that is a possibility because I know that our finances will allow for it. Thankfully, there are tons of great distance learning opportunities out there that mean I won't have to sacrifice time with my family. My hope now is that I can teach my children to make better financial decisions that I made earlier in my life and that they will never know the power that debt can have over you.

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