My bank just sent off the final payment to our last credit card this morning! I have no idea when it’ll clear at the credit card bank (may be today, probably tomorrow). But, I can say that we’re entering 2014 with no credit card debt. We still have a car payment (at 0%) and student loans, but no more credit card debt!
For the last 3 years, we’ve avoided adding to the credit card debt, and I hope we can continue that trend, and pay off anything we charge in full every month. We started this journey – before I started blogging about it – with three rather large credit card balances (one was $21k!), and now that’s down to zero.
I hope you and your family have as happy a New Year as we will be having. Stay safe!
Great job paying off your credit debt. Happy new year!
Thanks for stopping by. Good luck with your move!
Congratulations! That’s a big milestone, especially since your other debts are at much lower (or 0%) interest rates. Cheers and Happy New Year, indeed!
To be fair, this interest rate was 4.99% for life, and some of my student loans are at 6.55%, so not the best mathematically, but more emotionally satisfying. It’s also the debt I’ve had the longest, so it’s *very* emotionally satisfying!
Congrats! Keep plugging away!
Thanks! And thanks for stopping by!
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