Monday, March 17, 2014

DEATH TO CREDIT CARDS: IF I CAN'T PAY CASH I WON'T GO SHOPPING. THE END!!!!!!



This morning I cut up all my credit cards. I wrote down the account number of each card in my financial journal so I would never have an excuse to keep them for reference. It has been a long time coming but I felt like it was time to let go of what will only hold me back from my financial goals. YES, I want the perfect wardrobe. YES, I want an amazing shoe, purse, and accessory collection. YES, I want an outlandish makeup collection. But, I also want to be debt free. These cards will only keep me slave to the lender and I refuse to be a slave to anyone. I first signed up for these SLAVE cards thinking I would pay the balance off in no time, but I was severely lying to myself. Sure, the first couple of times were easy, but as my impulses began to increase so did the balances on each card. Every month I dread having to make another payment. It is so much more easy just to say "I CANT AFFORD THIS" and put the merchandise DOWN. Even taking the hit of purchasing something you really can't afford, but still using CASH to pay feels better than putting it on a DEATH card. The outcome will likely bruise you, but at least you don't have debt. My new motto is: IF I CAN'T PAY CASH WITHOUT FEELING GUILTY ABOUT IT THAN I CAN'T AFFORD IT. AND I'M NOT PURCHASING IT. POINT BLANK PERIOD. NO AND(S), IF(S), OR BUT(S) ABOUT IT. So if no SLAVE cards equates to little to no shopping, traveling, and dining out, then so be it. I will live my life on a budget and I will follow that budget until ain't jack left. Once I am debt free I can pretty much buy anything, within reason of course.  I won't be so  financially immobilized by all this debt that I am currently in. I am building my wardrobe for my  next stage of life at a glacial pace and it is because I am not DEBT-FREE. My next stage of life is critically important. It is very important for me to be fly in my late 20's and 30's. I want to set the standard for women in their 30s when it comes to style and beauty. And my efforts are being ruined at this critical time in life. I CAN'T STAND IT, I HATE IT!!! I DESPISE NOT BEING ABLE TO SHOP THE WAY I WANT TO, OR EVEN CREATE A DECENT BUDGET FOR CLOTHING. AND FOR WHAT, BECAUSE I AM IN DEBT, DEBT, DEBT, DEBT, DEBT!!!! Sometimes you just have to SCREAM the TRUTH  out loud so you can make that necessary CHANGE. Well, I have had it. I am officially sick and tired of being sick and tired.

 The same thing goes with student loans, if I can't cash flow the tuition then the education just is not for me that season. I will never use a student loan to buy anything ever again not even to be a student. ( YEP, THAT WAS DEEP, JUST A LITTLE SOMETHING THAT I QUOTED FROM DAVE RAMSEY.) So I guess that means I won't be going to graduate school. Yep, I said it and you can bite my toe if you just grimaced at that last statement. 105 K is enough to make me swear off the higher learning education system for a lifetime. But, I won't do that . I'll simply pay my student loans off in the next 4 years and change my family tree. I will then explain to my children that student loan debt or any debt of any kind is evil and you will never have the perfect wardrobe trying to pay them back. Had it not been for Dave Ramsey I would have never come to this point in my life. I THANK GOD FOR HIM EVERY DAY. He really does live out his PURPOSE to the fullest and it only inspires me to be GREAT and DEBT FREE.  P.S. DEATH TO A FICO SCORE...You don't really need them anyways.

2 comments:

Enzo said...

Well said!

Herman Thompson said...

The world needs more people who has the same mindset as you, Felicia. The first and foremost reason as to why people get buried in debt is their irresponsible habit of buying things they can't afford. Being fashionable can be attained without having to buy clothes with outrageous prices. You are within financial reason for your decision to live debt free. Kudos to you! :)

Herman Thompson @ AccountAbility Plus

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