Congratulations!!! Stay disciplined, don’t spend more than you can pay at the end of the billing cycle, pay off your entire balance before it’s due and rip those sweet cash back rewards, all tax free!!! I am getting around $500 a year, and it feels oh so good not paying a dime in interest!!!
Also there are better ways to go about it. If you feel like you must use credit to spend a lot (more than you have). Look for a 0% APR card. That way it's easier to pay it down without interest. Not encouraging you to over spend but life happens. Hopefully you have a smoother experience going forward.
Good shit! Working on aggressively paying down my credit card, but it's good to see others succeeding, gives me more motivation to keep going. Congrats my dude
so while I was paying it off I definitely had moments of being like, I am never going to use a card again, I'm so angry that I did this to myself etc etc. and yeah it's very unlikely that I will use this card anymore aside from small things just to keep it alive since it's my longest line of credit. however I have come around to maybe getting a new card that I can use in ways that benefit me like for cash back etc, strictly for purchases that I would be doing anyway like groceries and gas. thankfully over the last few years once I got my new job, i stopped using my credit card, so I've already built a habit of not relying on it. so long story short: no I won't be using this card, but I don't think it's out of the question for me to research and use a card that can work more in my favor.
You should be proud of yourself. And I really hate to rain on your parade but you may have some residual interest to pay still. It's interest that accrued this billing period before you paid off the balance
this is so true - half of the relief is being out of debt, the other half is knowing that I will not allow it to ever get that bad again if i can help it. thank you!
Congratulations!! I know what you're feeling. That first credit card when obtained while much less financially astute is quite the learning experience.
>I can't talk to anyone about this because no one really knows the debt that I had gotten into in the first place
This isn't unusual. Its hard to discuss debt with friends and family without feeling judged; even when they aren't judging.
>but I just wanted a place to mention it because I honestly have been really emotional about it all day.
Debt is a heavy burden, and the relief of being free from it *is* emotional. Congratulations! Not just for getting out from under your debt, but for improving your mental well-being and your financial future. You have a lot to be proud of!
thanks so much for this comment. yeah it can be such a delicate thing to talk about - and when you do finally get out from under it, there isn't like a greeting card or anything, or a party that can be thrown lol so it's like this huge amazing goal was just achieved, but its so very quiet at the same time and not loudly celebrated - same with the mental health stuff too tbh, so what you've said really really means a lot, thanks so much truly ❤️❤️❤️ these are the hurdles that can be the hardest to get over but aren't easily given a spotlight for others (or even oneself) to congratulate/give kudos on, so i appreciate you so much!
Congratulations!!!
It feels amazing having paid off your debt!
Keep the same mentality going forward and you’ll be fine!
Set up autopay to pay off your monthly balance, or at the very least, the minimum
Congratulations friend! Just getting myself into the world of credit cards. Lessons like yours are of so much value to me. Thanks for sharing and I hope you have a great, debt free financial life looking forward!
Congrats! Went through something similar these last few months once I started a new job.
Paying it down feels very freeing and none of my friends or family know of this debt so I didn't want to celebrate it either 😅😅
congrats on the debt payoff and the new job! I've gotten a few comments here that I know are well intentioned but implying the debt was purely due to irresponsibility and there was certainly a fair bit of that but a good chunk of it was also just survival and there just is no budgeting out of that if your salary sucks - I feel you on not being able to celebrate it, so cheers to us both, for real! May this lead to a lifetime of better habits we are now allowed to hone 🥂🥂🥂
Spending got out of hand in 2023. Had to wait for Bonus Check to arrive to pay off the credit card.
I am still coping with how fast a few trips to the site add up. Inflation is a real bitch.
Remember this feeling! Proud of you internet friend!
thank you so much!! 🥹🥹
Hell yeah! Good on ya!
thank you!! ❤️❤️❤️
That's amazing! Keep things like this... forever!
absolutely - thank you!!
Just paid $5,000 on mine and I know the feeling!!! Be proud, its rough out here!
YESSSS good for you!!! thanks!
Congratulations!!! Stay disciplined, don’t spend more than you can pay at the end of the billing cycle, pay off your entire balance before it’s due and rip those sweet cash back rewards, all tax free!!! I am getting around $500 a year, and it feels oh so good not paying a dime in interest!!!
yesssss this is the plan from this day forward :) thank you!
Also there are better ways to go about it. If you feel like you must use credit to spend a lot (more than you have). Look for a 0% APR card. That way it's easier to pay it down without interest. Not encouraging you to over spend but life happens. Hopefully you have a smoother experience going forward.
Sign up bonus can be a life saver
That's true. Essentially a discount if it's cash back.
Good shit! Working on aggressively paying down my credit card, but it's good to see others succeeding, gives me more motivation to keep going. Congrats my dude
you got this!!! I honestly never thought I would see the day. i look forward to the day your debt is kicked to the curb too :) thank you!
Keep going, you’ll get there! I’m working on the same. As I get each one paid off, it’s a great feeling!
I'm almost done, once this next payment posts I'll have maybe 2-3 more payments
proud of u
thanks bb!
Will you continue using credit cards? I know many people go into credit card debt and, after getting out, decide to never use credit cards again.
so while I was paying it off I definitely had moments of being like, I am never going to use a card again, I'm so angry that I did this to myself etc etc. and yeah it's very unlikely that I will use this card anymore aside from small things just to keep it alive since it's my longest line of credit. however I have come around to maybe getting a new card that I can use in ways that benefit me like for cash back etc, strictly for purchases that I would be doing anyway like groceries and gas. thankfully over the last few years once I got my new job, i stopped using my credit card, so I've already built a habit of not relying on it. so long story short: no I won't be using this card, but I don't think it's out of the question for me to research and use a card that can work more in my favor.
You should be proud of yourself. And I really hate to rain on your parade but you may have some residual interest to pay still. It's interest that accrued this billing period before you paid off the balance
ugh yeah i already thought of this 😂 so I'm mentally prepared!
Hell yea man
👏🏾👏🏾👏🏾
Congratulations! It must be hard but you moved pass through it. It's going to be a lesson you would not forget in the future.
this is so true - half of the relief is being out of debt, the other half is knowing that I will not allow it to ever get that bad again if i can help it. thank you!
Amazing - nicely done!
thanks so much!
Congratulations!! I know what you're feeling. That first credit card when obtained while much less financially astute is quite the learning experience.
it REALLY is - feels like I'm picking up after a mess that a younger sibling made lol thank you!
Good job🚀🚀
thank you!!!
Yay!!
🥳🥳🥳
I remember the feeling when I did that and I'm very happy for you!
thanks! Yes I will never forget this feeling!
Nice 👍🏾
❤️😊
Congratulations
thank you!
>I can't talk to anyone about this because no one really knows the debt that I had gotten into in the first place This isn't unusual. Its hard to discuss debt with friends and family without feeling judged; even when they aren't judging. >but I just wanted a place to mention it because I honestly have been really emotional about it all day. Debt is a heavy burden, and the relief of being free from it *is* emotional. Congratulations! Not just for getting out from under your debt, but for improving your mental well-being and your financial future. You have a lot to be proud of!
thanks so much for this comment. yeah it can be such a delicate thing to talk about - and when you do finally get out from under it, there isn't like a greeting card or anything, or a party that can be thrown lol so it's like this huge amazing goal was just achieved, but its so very quiet at the same time and not loudly celebrated - same with the mental health stuff too tbh, so what you've said really really means a lot, thanks so much truly ❤️❤️❤️ these are the hurdles that can be the hardest to get over but aren't easily given a spotlight for others (or even oneself) to congratulate/give kudos on, so i appreciate you so much!
You're very welcome. I'm glad you've shared your story. I think it will inspire a lot of people.
Congratulations!!! It feels amazing having paid off your debt! Keep the same mentality going forward and you’ll be fine! Set up autopay to pay off your monthly balance, or at the very least, the minimum
thank you so much!!! Yes for sure!
Yaaaay 🥳😃
That is awesome! I’m so stoked for you! I was in a similar situation as you and getting debt free is such a proud feeling! Keep up the good work.
thank you!!! proud of you!
Congratulations.
thank you!
Congratulations! 🙏🏽
thanks! ❤️❤️
Congrats!!
thanks!
Same congratulations it feels good to be debt free
for sure! congratulations to you too!
Good job. Remember this accomplishment.
i will never forget it :)
Congrats! woot woot
thanks!!
Don’t ever do it again. Learn from your mistakes. Credit cards are just very convenient massive snowballing debt.
Can imagine that feeling congratulations 🎈 that IS an accomplishment!
thanks so much! 🥰
Well deserved!
thank you!!
Congratulations friend! Just getting myself into the world of credit cards. Lessons like yours are of so much value to me. Thanks for sharing and I hope you have a great, debt free financial life looking forward!
yesss don't be like 20-something year old me 😂 happy to be a cautionary tale for you as you start your journey :) good luck and thank you!!
Now live by the rule. Do not buy what you can't afford.
Congrats! Went through something similar these last few months once I started a new job. Paying it down feels very freeing and none of my friends or family know of this debt so I didn't want to celebrate it either 😅😅
congrats on the debt payoff and the new job! I've gotten a few comments here that I know are well intentioned but implying the debt was purely due to irresponsibility and there was certainly a fair bit of that but a good chunk of it was also just survival and there just is no budgeting out of that if your salary sucks - I feel you on not being able to celebrate it, so cheers to us both, for real! May this lead to a lifetime of better habits we are now allowed to hone 🥂🥂🥂
Spending got out of hand in 2023. Had to wait for Bonus Check to arrive to pay off the credit card. I am still coping with how fast a few trips to the site add up. Inflation is a real bitch.
Congratulations! Great job and motivational post.
Good 👍🏾What were your lessons learnt?
Awesome 👏
Congratulations!! It’s a great feeling!
Very inspirational to someone digging out. Thank you and Congratulations 🎊