And there was much rejoicing,...

May 06, 2008 12:56

I am officially 100% debt free

Just paid off the last $600 of my credit card.

:)

Now i get to go back into debt because it is beyond time for a new car.

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kylesplawn May 7 2008, 09:56:55 UTC
Getting out of debt is awesome.
Sliding back into is oh-so-easy. Especially for new cars.

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darkkuno May 7 2008, 18:53:05 UTC
yeah. Not going to be that much of an issue.

I paid my last 5 year car note off in 3 years and thanks to the magic of refinancing ended up paying only slightly more than the original market value for the car :)

I plan to do the same with the new car

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kylesplawn May 8 2008, 04:47:12 UTC
Nice. With mine, I plan to just pay off principle like crazy while stringing them along just enough to give my credit rating some teeth to it.
Not buying things on credit can have its drawbacks, like lack of credit history.

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