Comments on: Why I Want to Live Debt Free

By: Jolyn@Budgets are the New Black

Jolyn@Budgets are the New Black — Thu, 04 Mar 2010 03:13:49 +0000

Great post over at Erin’s site — I love how you “beg to differ” about feeding your family for less! Loved this post as well. I especially liked how you describe using credit cards on #2. We used to use a card that we “always paid off”, but it just felt different when we stopped altogether and started using cash or debit. Using a card almost felt like hedging your bets against something happening leading you to want more money available in your checking, instead of doing the responsible thing and bulking up an emergency fund instead.

By: $5 Dinners in California – Really??? | $5 Dinners™

$5 Dinners in California – Really??? | $5 Dinners™ — Wed, 03 Mar 2010 12:58:15 +0000

[...] since moved back home and today we live a debt-free life in San Diego, raising six children, and feeding them on about $500 a month. My, times have [...]

By: Heather

Heather — Fri, 22 Jan 2010 19:40:07 +0000

I passed along a award, if your interested in taking part in.

By: Sara

Sara — Fri, 22 Jan 2010 09:51:45 +0000

It took me and the hubby several years to get debt free, except for the car and our house and MILs house. No one would ever imagine having to use their life savings because their 4-year old was the victim of a horrible crime, but that is my story. Had we not been debt free I don’t know how we would have fought to protect our daughter and get her the medical help she needed that wasn’t covered by insurance. This was going to be part of our retirement, and I know we shouldn’t have gone there but I’d rather be poor later in life knowing I put a predator behind bars and did everything possible to give my 4-year old the opportunity to have a life not marked by the word ‘victim’. This was more than an emergency, but being debt free and living frugally gave me the peace to know that I can fight. No one can ever anticipate being a victim of a crime, and I would NEVER want anyone to have this experience. But being debt free allowed me to quit everything and just focus on healing my daughter and our family.

By: Amanda Parks

Amanda Parks — Fri, 22 Jan 2010 02:42:08 +0000

I love stories of God’s provision as we throw off the chains of bondage to debt! Thanks for the encouragement We spent a year living in our friends’ basement so we could pay off some some of our student loan debt and save up for a down payment on our first place. I know it wasn’t exactly the way Dave Ramsey would suggest, but for our new location and with my husband working from home, our house costs us about the same as renting a decent townhouse.

We are really excited about paying off even more student loan debt this year with some hard work and provision from the Lord!

By: Pam

Pam — Thu, 21 Jan 2010 15:09:22 +0000

Love reading the success stories of those who have done it! Thanks for sharing. My husband and I are a few years away from this goal (WAY too much student loan debt), but we are working on it. One of the ways I am trying to help is by couponing and lowering our grocery budget. And, I’ve committed to making beans and rice every day this year! Check out my ideas: http://www.pameladonnis.com/cooking.

By: Kim

Kim — Wed, 20 Jan 2010 04:08:27 +0000

I’m with you! Good work. We look forward to the day we are living debt free. We’re still working the plan and each year we see a difference. Now, we expect to see results every month (with our new budget). I’m so excited to be able to buy those bigger ticket items for cash (shingle the roof in 2011, computer, truck repairs, new bed), etc etc. Usually we just use debt to get these things because we believe we ‘need’ them.

No we don’t. We can wait.

My reasons for wanting to live debt free are the same as yours. We honor God by managing well what he gives us and our finances (when freed up and available) can be used for his purposes.

So very excited to watch it happen.
Thanks for sharing your journey with that

By: The Domestic Contessa

The Domestic Contessa — Wed, 20 Jan 2010 01:37:15 +0000

God has been gracious to allow my husband and I to be debt free for most of our marriage! We paid off both of our cars shortly after we got married, and aside from a mortgage payment, have not had any debt since then! We were excited to be able to buy an almost new vehicle recently for CASH! How great to have something so reliable and necessary for our family without having to make payments (of course, we are "making our payments" to our savings account in order to be able to pay cash for our next vehicle, too). It's great to hear about so many other wives/moms who are committed to being wise with their finances! The Domestic Contessa blog: 15-Minute Tackle: Weekly Link-up + Giveaway!

By: Kate

Kate — Wed, 20 Jan 2010 00:59:00 +0000

I’ve been writing about this subject on my blog lately too. But I like yours better. We’ve been trying to convince a lot of people that debt is a stupid idea by looking at the numbers and they keep arguing with us. Looking at it primarily from faith is a better idea. I don’t know that it would stop the arguing, but I feel like it should.

By: The Domestic Contessa

The Domestic Contessa — Tue, 19 Jan 2010 23:32:24 +0000

God has been gracious and allowed my husband and I to be debt-free for much of our married life (apart from the house mortgage)! We recently sold our house and are in transition in a rental, waiting to be able to move across the country so that my husband can go back to school. It's been so encouraging finding so many blogs out there with wives/moms who are commited to using their money wisely! I'm excited to say that we were recently able to buy a newer SUV with CASH! It's so wonderful not to have any car payments to make each month (though we are putting aside our "car payment" into savings in order to be able to buy our next vehicle with cash, too!). The Domestic Contessa's latest post: 15-minute Tackle: Weekly link-up + Giveaway!