I’ve been looking forward to writing this post for a few months by now. Now here it is!
Yesterday, I made the final payment on my credit cards. Now, I don’t owe a cent of credit card debt!
As you guys know, I charged those puppies up to:
- Get my Airbnbs started
- Meet minimum spending requirements
- Earn more points and miles
- Stay afloat (#independentcontractor)
There was a point, a real and scary one, where I felt I’d certainly overleveraged myself.
I wrote about the feeling in Smart Debt: Is carrying a balance ever a good idea?
And I definitely felt I’d nearly crossed the line into plain ol’ dumb debt.
Digging out of credit card debt is by far one of the most psychologically strenuous exercises I’ve faced. And that moment where I saw the interest get charged felt so wrong, my stomach turned. But I knew I could shoulder a couple of months of interest to make it all back, plus more.
Still, it sucked.
And today is the official turning point where I go full-force into FIRE.