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12 comments


It is easy to see, that you are not used to this business of adventures. Those are giants, and if you are afraid, away with you out of here and betake yourself to prayer, while I engage them in fierce and unequal combat.

I started Debt Sucks back in August of 2007 for the purpose of holding myself publicly accountable for my spending and debt, while struggling to make progress in paying down my debt. However, rather than make any progress, I slid backwards, taking on more and more debt, while holding low paying jobs, living in an apartment I could hardly afford, and periods of unemployment. The real story started in 2009, when after hitting rock bottom and ending up feeding myself with my change jar, I moved in with my grandfather, enabling me to focus almost all of my income on paying off my debt. Upon regaining employment and seeing that I was able to finally make real progress, I was finally able to set a goal for myself. I started 2009 with $64,576 of debt to my name, and I promised myself:

I WILL BE DEBT FREE BY MAY 2014.

{ 11 comments… read them below or add one }

brassmunk September 7, 2007 at 0632

Good luck, or as the French say “Bon Chance”.

In addition to all the other crap I’m working on, I’m trying the same thing with my blog; or intend to in the upcoming time.

Have you got a strategy? I’ve got a pretty solid plan that I think will work, I’ve got some serious debts, but no one explained to me what home “ownership” really meant

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myamoola September 18, 2007 at 1117

good luck! I’m hoping to be debt free by the end of next year, Frugal Gods willing..

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Anonymous coward September 20, 2007 at 0242

I read through your blog and it looks like you are having trouble resisting spending money that you don’t have. Getting out of debt takes a complete lifestyle change and sometimes calls for desperate measures. When I created my budget I would still spend a little here and there and just tack it on, after a while I realized nothing really had changed. From then on I decided to go about it a different way, I had a friend hold on to my credit and debit cards and I was only allowed to have $15 in my wallet per day. Buying your camera was a big mistake if you are serious about a lifestyle change, maybe you could benefit from external help in the same way I did. If you make it as difficult as possible to spend money then you will reap the rewards.

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Joseph Sangl September 21, 2007 at 1448

The most powerful word in the English language is the word “NO!” When I learned to tell myself “NO!”, I finally started winning with money.

Good luck!

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Iva October 23, 2009 at 0906

We’ve helped thousands of people in your shoes and the good news is it looks like you’re doing exactly the right thing to get out of debt. We’re subscribed and look forward to May 2014 :)

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Chris Loogman December 5, 2009 at 1149

You can do it man. College isn’t everything…but it helps.

I would say try looking for a job overseas as a civilian contractor. If you have the training, you can make the money. The first $89,000.00 you make is tax free overseas. You sacrifice, but it’s worth it.

Get out of debt as quick as you can.

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L October 27, 2010 at 2348

It’s a shame that a lot of parents don’t(and for some, can’t) teach their kids how to manage their money responsibly. It’s only after financial devastation that some people learn and by then, it takes years to get back to square one. Pretty sad. Anyway, good luck on getting out of your debt. I thank my lucky stars that my parents taught me to save when I was just 5 years old. Gotta start em’ young!

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Milliondollardebt May 31, 2011 at 0747

Well, it seems like a lot, but I am 38 and over a $million in debt. I kid you not. Supposedly it was all good debt, but I now see that there really isn’t such a thing.

Good luck, I’ll be checking back in…

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Im Pretty Even March 5, 2012 at 1417

Best of Luck! I too have a similar situation and goal. Just stick to the task at hand and never make excuses. I’m speaking from personal experience! I hope we one day can say we are debt free!
~D

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Janie Out of Debt May 22, 2012 at 1902

Wishing you the best of luck. It took me 5 years to get out of $26,000 of debt. I agree with many of the above comments about getting out of debt is a life style change. It totally is a life style change that you have to work at everyday and with every purchase. I had to learn to delay gratification. I also wish I had different beliefs about money going into my twenties. The debt was painful and at times is still a painful reminder of my past choices. Again, I wish you and everyone else getting out of debt the best of luck!

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BTCCS June 17, 2012 at 2115

Hi – well done!

My rock bottom was when I went impulse shopping yet again – this time after a conversation with my mother :) I joined Debtors Anonymous and it has been fantastic – so positive and uplifting. I look forward to reading more of your blog – if you get a chance, come check out mine.
Reagrds, Buffy The Credit Card Slayer.

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