Two Christmases ago, I remember thinking to myself, “this sucks. I have less than $500 in savings, over $7000 in credit card debt and can’t even charge anything even if I want to because it will put me over the limit, and I have less than $30 in my checking account. HOW did I get here? I’m 39!”
Yes, I look at this moment as my financial rock bottom.
Today, my savings account is much healthier, and I can afford to rent a car this week to go home for Thanksgiving. (I found out Budget will let you rent without a credit card if you fit certain qualifications.) I have zero credit card debt (and zero personal cards–the only credit card I have is a corporate one.) I have $1169 due on a personal loan and I will have that paid off by Dec. 31st, “come hell or high water” as my mom used to say. The only debt remaining will be my student loans. Read more