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Queen of Free

Save Money & Slay Debt

You are here: Home / Freedom Friday / Freedom Friday: We are Debt Free (ok just Credit Card Debt Free But Still)

Freedom Friday: We are Debt Free (ok just Credit Card Debt Free But Still)

Tips like these helped us pay off $127K in debt. You can read our story in Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After.

February 19, 2010 By Cherie Lowe

HOORAY It’s finally Friday . . .

Hey everybody. So glad you stopped by today. Freedom Friday is when I bi-weekly let you in on how we’re doing with our pursuit of paying off debt. I’m hoping that many of you will also e-mail me with your story (with either “Freedom in Progress” or “Freedom Achieved” in the subject line) and I can share your story to encourage others, too.

Greetings fellow Debt Slayers and Conquerers.  I’m pretty stoked to get to announce that we kicked Target VISA to the curb last week.  It was the next to last debt in our snow ball which means that big ‘ole ball is rolling down the hill and picking up speed.  It’s careening toward a lonely Sallie Mae but she’s a sturdy and rather large gal so it’s going to take awhile to knock her out.  That being said, the King calculated where we started (April 08) and how far we’ve come in less than 2 years.  By his estimations, we’re a full 31 months ahead of schedule.  UN-stinking-REAL.  We’re pinching ourselves with pure joy.

And I’m also very happy to announce that we’ve already saved enough money to pay cash and visit Great Wolf Lodge with the Princesses to celebrate NO MORE CREDIT CARDS FOREVER.  “We’re Going to the Lodge.”  Such a catchy theme song, right?

It will be the first vacation we’ve taken since starting our journey out of debt.  🙂  We are thrilled.  Now to find the best deal, figure out the best date to visit, and get that bad boy booked.  If anyone has Great Wolf tips and suggestions PLEASE comment.  We’ve never been before and I want to make the most of the experience!  I’ve been surfing their Ask-a-Mom Page (what a great resource Great Wolf!) and following them on Twitter to start wrapping my head around it.  On the flip side, part of me is having a very hard time letting go of cash that could go toward the snowball.  When you’re used to paying every penny you can scrounge toward debt, it becomes hard to let go of the cold hard cash for a luxury.  It’s funny because I never felt that way when I used the credit card.

Speaking of credit cards, in a couple of weeks on Freedom Friday, I’ll share a bit more of the tale that is how the Target VISA grew from a small pet into a beast that nearly ate us alive and is now a carcass in the backyard with a big debt slaying sword in its side.  Next week, I’m VERY excited as Lady Heather shares her family’s Freedom in Progress story.  It’s another inspiring journey!

Don’t forget that I want to hear from you and give you a chance to share your story, too!  E-mail me with either “Freedom in Progress” or “Freedom Achieved” in the subject line.  I’ve been getting great responses from other Money Saving Lords and Ladies who are taking GREAT encouragement away from your stories (Thanks Ladies Amber and Kelly!  You ARE inspirational).  We’re better, stronger, and more focused together.  Join the fray and tell your debt slaying tale.

Be a Money Saving Lord or Lady! Join us daily for savings, tips, and fun @ The Queen of Free.
www.queenoffree.net

Related posts:

Freedom Friday: So Close . . . But So Far Away Freedom Friday: Pressing Pause Freedom Friday: Long Time No Update Default ThumbnailFreedom Friday
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My book is now available: Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After. You can also check out The Debt Free Devotional: 30 Days of Encouragement From the Bible For Those Paying Off Debt on Kindle.

This post contains an affiliate link. That means when you get a great deal or maybe even something for free, you also help our family pay off our mortgage early. And for that, we royally thank you!
Swag Bucks, Swag Bucks, Swag Bucks!
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Trackbacks

  1. How to Pay Off All Your Debt: Name It and Kill It says:
    April 30, 2013 at 9:47 AM

    […] not sure at what point we began to refer to our debt as a dragon.  I do know that back when we paid off the Target Visa a couple of years ago, I referenced it as a dragon for the first time on Queen of Free.  The King […]

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Cherie Lowe is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

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Testimonials

  • Ruth SoukupRuth SoukupLiving Well Spending Less

    "When it comes to saving money and paying off debt, Cherie not only talks the talk, but truly walks the walk! Sharing easy-to-implement ideas along with a dose of tough love, Cherie leads with the perfect combination of empathy and authority. If you are struggling to pay off debt, you won't find a better cheerleader."

  • Margaret FeinbergMargaret FeinbergAuthor of Fight Back With Joy

    "Cherie Lowe is a gifted writer, researcher, and thinker who lives what she teaches. Her inspirational story reminds all of us that we don’t have to fall prey the debt dragon. Living debt free is possible if you follow Lowe’s sound and practical wisdom."

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