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Save Money & Slay Debt

You are here: Home / debt free inspirations / Freedom Friday: On Joining the 100K Club and Pressing On

Freedom Friday: On Joining the 100K Club and Pressing On

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.

May 20, 2011 By Cherie Lowe

Hear ye, hear ye, Money Saving Lords and Ladies! It’s Freedom Friday where I bi-weekly share our progress in becoming completely debt free. It’s also your turn to share your story of debt slaying. Whether you’ve paid off every cent you owe, are just getting started, or live somewhere in the in between, we want to hear from you! We’re better together, share your story and make us all stronger.

It’s official.  We’ve joined the $100K club (actually we joined and then some).

When we first totaled up our debt and I realized it was well over $100,000, I was overwhelmed.

I’ve talked about how stupid I felt.

And it really seemed like this was a debt slaying journey that would never end, no matter when we began.

A little over three years later, we’re still slogging away in the trenches.  We have hopes, dreams, and aspirations of being debt free (except the mortgage) by this time next year or sooner.

There are days when we feel so close (and yet so far away . . . sing the 80s tune now).  And I feel myself being discouraged again.  Wondering where we can cut back and save, feeling oppressed by gas prices, wanting to do fun summer things and knowing it’s just not in the budget (yet).

But so much has been crossed off our list:
Department Store credit card debt
Furniture on payment plan
Student Loan (me)
Medical debt
Braces
Root Canal
$7K Bar Loan
Car Loan
VISA Card

The race is not over.
There are many more miles to travel.
And I’m dreaming of the victory lap.

Still $100,360.96 paid off since April 2nd, 2008.

Related posts:

Freedom Friday: Sometimes You Just Have to Say, "No." Freedom Friday: This is Our Truck Freedom Friday: Some days Freedom Friday: Pressing Pause
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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!
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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

  • 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."

  • 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."

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