The One About Debt

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I am in debt, like most of America, and 16 months ago I decided to change that. I thought debt — the horrible monster that weighs heavy on one’s shoulders — was just normal, but it’s not. It’s really not.

On New Year’s Day of 2014 I had a heart-to-heart with a friend and she gave me hope that things could be different. I let her into my finances, something I was always embarrassed and ashamed to show people. I was smarter than this! Why don’t I understand numbers?

So, I decided to try this budget idea she had. She sat with me and we set up a modified version of Dave Ramsey’s Financial Peace plan. Since then, I have paid off four credit cards, I am two years away from paying off all of my credit card debt, and I am on track to be student loan debt free by 38. Oh, and I have saved up for a trip to the United Kingdom for three weeks — all without charging a credit card!

I am so much wiser with money now. I stay on budget, I say no to the frivolous things I want, and I focus on using this money for good. I can give to charities and missions because I have budgeted the money for it. I can travel to see friends and visit home because I’ve been disciplined.

It’s been 16 months and my life is vastly different. God has given me two jobs to help me pay off debt quicker. Sure, I am tired, but I know that in the end it’s worth it. In the future the money can go to more important causes than paying back the mistakes of a 20-year-old.

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