The other day, I posted on Hipstercrite’s Facebook page that I had just finished paying off my car, and in a several months, my credit cards too.
I’ve written about debt before; like many twenty-somethings, I’ve been strapped with school loans, credit card and car payments for most of my third decade.
When you’re facing debt, it’s often difficult to see the light at the end of the tunnel. In fact, many mornings you wake up in a cold sweat, suffocating from the heavy blanket of your finances.
I was raised by a fiscally conservative mother who always paid her bills on time. When she pushed me forth into the world that was the only advice she gave me. Fresh out of college, I landed a salaried position in Los Angeles and thought I was set. Boy, was I dumb!
My debt was established in several steps: 1.) I often used my credit card to go out to eat (I was very sad and lonely in LA and didn’t want to be at home) 2.) I foolishly put the down payment of my new car on a credit card and (more…)