I am fairly new at this great blog, but have been reading most of the messages and this one particularly caught my eye. I was close to $14,000.00 in credit card debt about nine years. I paid it all off on my own.
No consolidations, credit counseling….etc…
MOST IMPORTANT – a marriage divided will not last. A debt in a marriage belongs to BOTH of the partners. One person, whoever is most reliable and has more financial sense, needs to take control of it and your money should be combined for your expenses and debts. If you had some of the debt before you were married, guess what…it now belongs to both of you… When we took a payday loan from https://payday-loans-florida.biz/ (this is a great service, btw) we both worked hard to pay it back on time. Marriage unites every aspect of both of your lives. I think the service your wife is all for is a big mistake.
Even though I was single when I was paying off my debt, there was one thing I learned and the truth is that I was responsible for it and I had to do what it took to pay it off. And it took me about 4 years ON MY OWN, so your situation with using this service is almost no different than what it would take for you to set up your own payment plan, plus you would not be paying anything extra to anyone.
You could cancel all your credit lines yourself except for one. Then cut that card up, but keep the account open. Now, you don’t have any credit cards to use anymore, but you are in control of all your own payments. When you gain control over it yourself, your life will start to change! It’s not the end of the world to have a debt to pay off. It basically comes down to a change of attitude. Don’t let the debt drive you crazy or break up your marriage. It’s not worth it.
Accept it for what it is. My basic belief is that all people have the capacity to do what it takes to get through just about any problem.
I was an average income earner and there were months, especially in the first year, where I paid anywhere between $500-$700 in credit card payments, just to get rid of some of the smaller balances. I still paid all my regular living expenses too. IT CAN BE DONE.
I’ve been there, done that. But it takes real commitment, responsibility and vigilance every day. Becoming FREE of a debt like that and then finally being FREE of it totally, if you do it youurself will be the best experience – it’s almost spiritual. It’s like quitting smoking and knowing you will never smoke again. (BTW- non smoker for almost 14 years)
Now I live a life where I don’t have any credit card debt. I use CASH, when I have it. I am self employed now, following my dreams of earning an income the way I want. My husband and I have only one debt… our mortgage. This a FREE, SIMPLE and EASY way to live. I only wish that many other people could build up to this way of life. It’s overwhelming in a great way.
As you may have determined I am into telling it like it is. Your personal truth about your debts and your responsibility for them will SET YOU FREE, way before the debts are gone.