I started this year determined to get out of debt. My partner and I had about $55,000. Large portions of that included 2 car loans and my student loan debt, but about $10,000 of that was on credit cards.
I was never bad about making payments but I never felt like I was getting anywhere. Month after month our paychecks would dissappear with nothing to show for it in the end. Something had to change. I started reading as much as I could about getting out of debt online and stumbled across Dave Ramsey's Debt Snowball method. I decided that the small successes in his method would give me the strength I needed to keep my resolution.
Just this week I found GRS. This blog and the success stories on this site have been a great inspiration to me. I just wanted to share with all of you my first few successes on road to being debt free.
I have already paid off 2 small credit cards and in 2 weeks will have my third gone. By the end of this month, half of my credit cards will be completely paid off. I have mapped out what my payments will be for the next few months on the other 3 cards and I should only have the largest left by the end of this year.
I look forward to sharing more of my success with everyone over the next few month.