We will never be debt free.
That is a crushing fact to someone who has spent the last 2+ years attempting to pay off debt and live a debt-free lifestyle, to pay back that which was borrowed, to pay it foreword, to live simply, to experience much and to love greatly.
I realize that, as a matter of modern convenience, debt has become an every day, run of the mill, non issue. Dare I say non-payment of those debts through bankruptcy or other means (however valid the situation may warrant it in some cases) has become the norm for people who want out of debt, but don't want to take the long (and sometimes painful) path to paying the debt off month by month.
Need something? Charge it.
Want something? Charge it.
Without the means of immediate payment, yet with the entitlement mindset of our modern day, debt has become the norm.
We are no different. Debt is not only present in our lives, it is a primary determining factor (though thankfully a much smaller factor than it was 2 years ago!) of where each paycheck goes.
We, like many of you, each trade 40+ hours of our weekly time to someone else in exchange for money. However, we am no longer in control of that money because we traded that freedom of choice to someone else when we decided we wanted things that we did not have the immediate ability to pay for.
A tragic comedy that, if on the big screen, would leave viewers laughing yet pitying this family who cannot seem to grasp the simple concept of living within their means. That is, the viewers would laugh until they realized that they are most likely living the same sad story.
And how does this classic tale end? In death.
Hopefully not your death, or our deaths - although the real story of debts left remaining after one passes is far to common - rather, I'd like to write this story to end with the death of debt.
For my family that has meant saying no to new consumer debt and attempting to pay off as much of old debt as possible. It has been slow, it has been fast, we've had successes and failures.
Recently we had a major failure that has redefined our view of debt.
We decided to pay off an 8+/- year old private debt. A "purchase" we made, yet didn't pay for, lost contact with the seller, and put it on the back burner of priorities. Sadly, when we tried to contact this creditor we were informed that she had passed away about 2 years ago.
A debt that cannot be paid.
Our reality is we will never be debt free no matter how many other debts we pay off, no matter how much we donate to charity... nothing can pay back this debt.
If you are in debt, pay it back as quickly as possible... you never know when it will be too late.
If you are considering going into debt - is it possible to wait and save for said purchase? If not, such as making a major purchase as a home, does your monthly wages easily allow for the new payment without sacrificing other areas? Can you realistically make the payments, even on one income?
We are not deterred from our goal... we will continue to strive to be "debt free"... hopefully except for just that one debt. In honoring that un-payable debt I share my story and offer up toast this "To the death of debt!"