We're about to be cc debt free!

[tripods68]

Congrats! I know the feeling Each time we charged our Beck's Furniture CC which often gives promo (0% for a year) for a new bedroom furniture sets, formal and non formal 7-living room leather sets, hardwood floors) we would celebrate with a nice dinner. Of course we try to pay it off before the promo expires usually within 8 months. Come to think of it, we prolly spend over 20K...its pretty crazy! I know... Now our toddlers are tearing out the once beautiful sets, it slow falling apart. We may have to replace each set one by one...gee I hope not when its so good not to spend any more money....

[cashqueen]

Congrats!!

[Skooby]

Good Job!

[cindyg86]

That sounds great and I'm so glad you are able to do it! Currently, I have a balance of about $4000 on it. I cut the credit card up so I know that number is only going to go down! I am on an aggressive plan to have it paid off by the end of the summer. It's very inspiring to hear of other people successes!

Best of luck!

[Lindahfx]

Thanks everyone. It took being laid off and getting a severance package to do it but it's done. We recently charged a few furniture items (planned for) that I am paying off with my tax return of over $9k coming soon. The rest is going into savings in anticipation of having a big tax bill next year and in case I have to go on mat leave. But being debt free allows us to now start saving for our dd's education, creating a separate EF and start tackling my dh's student loans. And I've reset up deductions (9%) at work towards an RRSP. (the company matches up to 4% after I've been here 6 months).

Being a "spender" it's been hard not to treat ourselves on things we've been living without. And we have purchased a few things - new BBQ, clothes, a few gardening needs, etc. But I have been managing it quite well.