Sunday, September 27, 2009
The $0 Balance Countdown
This is it: the big week when I'll be making the final $500 payment on the credit card balance I've been carrying since college.
I can't wait to feel the exhilaration of hitting the "make payment" button, logging in the next day to see the balance reflected as $0, and knowing the liberation of having hundreds of suddenly available cash flow in my budget every month after that. In fact,it's such a great thought and a great feeling, I want you to have it, too. So I'm issuing a challenge: how many of you believe you can eliminate all of your credit card debt in the next 12 months, using nothing but sheer financial discipline and sound budgeting?
If you think so, hit me up with your story (keithtr(at)gmail(dot)com or on twitter). I'll pick a few people to follow and chronicle here monthly as they work toward their goals.
In the meantime, I'm devoting all this week to posts about credit cards and debt elimination, be sure to check back.
photo courtesy freedigitalphotos.net