Comments on: “I’m debt free… http://www.bluntmoney.com/im-debt-free/ Thu, 20 Nov 2008 23:01:48 +0000 http://wordpress.org/?v=2.3.2 By: Bas http://www.bluntmoney.com/im-debt-free/#comment-18241 Bas Wed, 12 Sep 2007 20:11:55 +0000 http://www.bluntmoney.com/im-debt-free/#comment-18241 I am $5000.- away from being debt-free. I could pay off that amount right now by dipping into my savings. I will have to compare my car loan rate to my savings interest rate and see if that makes sense. Of course, I rent, and pay alimony, so once that ends, I will buy a house, and then I will have a mortgage. In the meantime, I am saving up so that debt will be minimal. I am $5000.- away from being debt-free. I could pay off that amount right now by dipping into my savings. I will have to compare my car loan rate to my savings interest rate and see if that makes sense.
Of course, I rent, and pay alimony, so once that ends, I will buy a house, and then I will have a mortgage. In the meantime, I am saving up so that debt will be minimal.

]]> By: thisisbeth http://www.bluntmoney.com/im-debt-free/#comment-18179 thisisbeth Mon, 10 Sep 2007 17:00:12 +0000 http://www.bluntmoney.com/im-debt-free/#comment-18179 I'm debt-free. The only "exception" is that I don't own a house, so sometime in the next two years, I'm going to be in debt. I must learn to say, "My only debt is my home mortgage", not "I'm debt-free, except..." (I'm hoping that never again will a car loan exist, but that's depending on how long my car really lasts, compared to how long I want it to last.) I’m debt-free. The only “exception” is that I don’t own a house, so sometime in the next two years, I’m going to be in debt.

I must learn to say, “My only debt is my home mortgage”, not “I’m debt-free, except…” (I’m hoping that never again will a car loan exist, but that’s depending on how long my car really lasts, compared to how long I want it to last.)

]]> By: Patrick http://www.bluntmoney.com/im-debt-free/#comment-18148 Patrick Sun, 09 Sep 2007 23:56:05 +0000 http://www.bluntmoney.com/im-debt-free/#comment-18148 Congrats! I love the feeling of no debt (other than my mortgage)! Unfortunately, I have much more to go than $51k! I agree with your assessment that no debt equals freedom. Good luck on your journey! Congrats! I love the feeling of no debt (other than my mortgage)! Unfortunately, I have much more to go than $51k! I agree with your assessment that no debt equals freedom. Good luck on your journey!

]]> By: Rayven Perkins http://www.bluntmoney.com/im-debt-free/#comment-18140 Rayven Perkins Sun, 09 Sep 2007 20:10:30 +0000 http://www.bluntmoney.com/im-debt-free/#comment-18140 This post really made me smile! I love how people seem to think that those loans "don't count". And you are so right. Debt traps us into the rat race of working for someone else. It robs us of our future and our choices. I mean, who on earth came up with the concept that it's ok to spend today with the hopes that you will be able to earn tomorrow! Keep up the crusade! This post really made me smile! I love how people seem to think that those loans “don’t count”.

And you are so right. Debt traps us into the rat race of working for someone else. It robs us of our future and our choices.

I mean, who on earth came up with the concept that it’s ok to spend today with the hopes that you will be able to earn tomorrow!

Keep up the crusade!

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