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Debt Free Day

What is your target Debt Free Day?

Mine is 31st December 2009. It will have taken me 4 years and 9 months to clear my debt.

Permalink Reply by Show~Me~Mom on January 30, 2008 at 4:33am: Ours is December 31, 2009 also. I think we can get it done before then, but that is our goal. :)

Good Luck!!!; ▶ Reply to This

Permalink Reply by Nathaniel Scott on January 30, 2008 at 12:43pm: way to go! that's a BHAG if i ever heard of one. it can be done though. our date is dec 31 2009 as well (funny). that will give us 2 years to kill 25,000 in debt (credit cards and car) but if laurie can do 30,000 in 12 months, she'll be an inspiration to us all, and i'll move my date up at least 6 months.; ▶ Reply to This

Permalink Reply by DebtDieter on January 30, 2008 at 8:08pm: Mine is May 31, 2010.

It will have taken me 2 years and 9 months to pay off $56,772 of consumer debt.; ▶ Reply to This

Permalink Reply by sostinkinhappy on January 30, 2008 at 11:11pm: Our is 30 June 2010. It will have taken us 3 years to clear $131,357.00 of debt.; ▶ Reply to This

Permalink Reply by Sam on January 31, 2008 at 1:08pm: My day will hopefully be May 1, 2008. I started back in April of 2006 with about $15,000 in debt. But you guys are my heroes! You have accomplished so much already and set some wonderful goals. You're an inspiration to me. :); ▶ Reply to This

Permalink Reply by sunshine on January 31, 2008 at 7:13pm: Mine is Sep. 2010. And this includes the mortgage. Hefty goal, but we have a plan. I can't wait!; ▶ Reply to This

Permalink Reply by nomorespending on January 31, 2008 at 10:32pm: Thank you for all the replies, it definitely helps to have a set target date that you are working towards.

We also have a target date of July 2012 to clear our mortgage which is currently £132,130. We have a five year goals board which sits above the pc in our house, it has target dates for each stage of our freedom and pictures of where we want to be when it happens. It really helps to keep focus and maintain motivation.; ▶ Reply to This

Permalink Reply by Allsmiles on February 1, 2008 at 7:18am: Our debt free goal is by Christmas of 2010! We will have paid off about $200,000. We started the program in October 2006, so that gives us approximately 4 years. WE CAN DO IT!; ▶ Reply to This

Permalink Reply by Holly on March 20, 2008 at 5:20pm: February 1, 2010 here. We're paying off $56,000 in student loans/credit cards....we're engaged, and we promised ourselves we won't get married until we are completely out of debt. We're sticking to it!; ▶ Reply to This

Permalink Reply by Nathaniel Scott on March 20, 2008 at 6:11pm: moved our target debt free day up from Dec 31 '09 to Dec 31 '08! Steppin' up the intensity; ▶ Reply to This

Permalink Reply by Rockmann on March 26, 2008 at 3:05pm: First post here, great to see people creating goals.

I was fortunate enough to become debt free on October 30th, 2007. This does not include the mortgage, but we have doubled those payments, so we figure another 3-4 years and then we are home free, literally.

On February 7th 2004 I was divorced, paying $1,200 a month in child support and had to finally face the music to a tune of $32,056.61 in credit card debt. Admitting I had messed myself up royally on credit cards was a hard lesson, but I didn't let it deter me. Just thinking about how much money was spent on these cards with nothing but a few gadgets to show for it was depressing. Today the car is paid off (10 years old), no credit cards at all and no plasma screen TV hanging on the wall. My credit rating jumped 120 points from when I first started addressing this mess. I tell you nothing but good comes from getting the debt off your back.

Keep up the fight guys, it's worth it in the end.; ▶ Reply to This

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