Sound Off - 100% Debt Free

[Gunner46]

For the second time in my life I'm once again 100% debt free from the Ex, my bookie, the credit cards, the wheels.....EVERYONE !

Yes, I pulled some extreme overtime (13 months). Yes, I did not communicate well with friends & family. YES, my a$$ is tired!

SOOO, starting next week I am going to start taking VaCa days for the next couple/three months and letting all those other numb nuts put in 'their' time while I go trout fishing and chasing a Big A$$ Ohio whitetail !

Any one else out there in the same financial position ?

 

[brushcreek]

We are debt free except for our mortgage. Have a 15 year note that will be paid off in 2027 if we don't pay it off early. Will be debt free at 49 if not a few years earlier.

 

[dcopas78]

I'm working on it. We should be in the next 5 years. Getting burnt out on all my side contracts outside of the normal job but it will be worth it when (hopefully) I'm retired and can have a home here in Ohio and something out west, looking like New Mexico, were I'll live 5-6 months out of the year.

 

[hank4elk]

For several years now. I live small.
I did just pay off a new solar pump system on payments to a local,small potatoes.............

 

[Steiny]

Me too, haven't owed anybody money for a long time.
Real estate all paid for, pay cash for vehicles and other large purchases, just the routine monthly utility bills, credit card pay off each month, and taxes.

 

[VAspeedgoat]

Enjoy your extra free time now. You've been low key on here too so fix that as well. Sounds like you should've gotten a tag for pronghorn.

Congrats

 

[LuketheDog]

We're working on going debt free, but it will be a long road with my wife's med school loans to pay off...And, all the outdoor gear/tools I bought this year were paid for by selling off old gear and stuff we don't use around the house anymore, that's a good feeling too!

 

[KB_]

Been Debt free for quite awhile, But I'm about to go into an immense amount of debt when we buy a house here, my god its expensive. I cant imagine people who buy houses here in Bozeman and have any other debts to their name. Going to try and pay it off as fast as possible.

 

[SDS14]

My wife and I are working towards being debt free. We actually sat down last night and looked at our incomes, expenses, and our debts. I cant wait to be debt free.

 

[Muskeez]

CONGRATS GUYS!! That has to be a better feeling than shooting a big buck?!?! well, maybe not. Anyway, I just have the home, hopefully 5 more years of that, but at 3% it makes more sense to not pay it off early and invest that extra $ , hopefully in something that makes 8%++....

I have been reading and listening to Dave Ramsey more the last few years and if you really want to dive in and get debt free fast take a look at committing to his "Financial Peace University" - I have implememnted some of his strategies and they have helped a lot. I just haven't dove in completely like I should have.

 

[jvanderlinde]

Congrats man, I cant wait to be debt free myself. Hopefully in the next 3-4 years.

 

[TheBenHoyle]

I could be debt free today if I just moved some money around, but I would be taking money out of investments making 6-7% to pay of a car loan at 1.9% and a mortgage at 3.5%. I know it doesn't make sense to do it, but it sure is tempting. In a year or so we will need to replace my wife's car and I think regardless of the interest rate they offer, I'm just going to pay for it in cash. The hassle of buying a car is bad enough. Then the hassle of shopping or negotiating a loan for the car is almost enough for me to just walk everywhere.

But congrats on setting a financial goal and achieving it. Keep up the good work.

 

[rwc101]

Just a mortgage now, but a long way to go with that. Anyone want to rent a room in Laramie to help out?

 

[Panda Bear]

we are debt free, but we had help from family.

 

[Cheater]

Still have a mortgage, debt free otherwise. Can't wait to have the mortgage paid off, should be done in my mid-40s.

 

[Fj605]

I have been reading and listening to Dave Ramsey more the last few years and if you really want to dive in and get debt free fast take a look at committing to his "Financial Peace University" - I have implememnted some of his strategies and they have helped a lot. I just haven't dove in completely like I should have.

We just started Financial Peace University a few weeks ago. We did it 6 years ago before getting married but we felt that we needed to revisit it as our lives have changed significantly. It's a little daunting but we're committed to getting back to debt free before the next big life change.

 

[MTGomer]

My wife will be a doctor in 3 years. Plan to be debt free except a mortgage in 5. Plan to have the mortgage paid off in 5 more.
After that I plan to save/invest more and naturally, spend more hunting
So far she agrees that she doesn’t want children. If that stays the same, I see the plan workable.

 

[Phaseolus]

Debt free going on 8 years now, retired at 58 two years ago and loving life. I’ve got a deer hunt next week and two elk seasons coming up. Life is good.

 

[Zach]

Only my mortgage looms heavy. Paid cash for the last vehicle and the barn we're building.

 

[Schaaf]

Right now, I'm just looking forward to not having an $800/month daycare bill