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« Should You Have More Than One Brokerage Account? | Main | Link to the Money Article »

Paid Off the Second Credit Card Today!

By JLP | March 23, 2006

This is the first time in my adult life that I can say, “I have no credit card debt!” Although it hurts to see the money get sucked out of our bank account to pay the cards off, it is a GREAT FEELING knowing that we no longer owe a credit card company anything. If you have credit card debt, I urge you to get serious about paying it off. YOU WILL BE GLAD YOU DID!

I know what you’re thinking: “he’s a financial planner and he’s just now paying off his credit cards?” The reason we hadn’t paid them off sooner was that our cards have been at 0% for the last 4 years (maybe more). So, there never was an urgency to pay them off. However, I saw the writing on the wall this year and decided now was the time to get them paid off because I felt that the 0% offers were going away.

Next month I want to pay off the car and the month after that, the house, and the month after that…

Topics: Credit, Credit Cards |