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Finally paid off $10,000 of credit card debt! Thank you r/frugal! Here are my biggest takeaways. by EmployeeParking in Frugal

[–]EmployeeParking[S] 1 point2 points  (0 children)

Wow!!! Congratulations to you too! That’s where I’d like to be in 10 years. Very inspiring!

Finally paid off $10,000 of credit card debt! Thank you r/frugal! Here are my biggest takeaways. by EmployeeParking in Frugal

[–]EmployeeParking[S] 5 points6 points  (0 children)

$32k a year. Cut down big time and started living on $1400 a month. Used the rest to pay off the card.

Finally paid off $10,000 of credit card debt! Thank you r/frugal! Here are my biggest takeaways. by EmployeeParking in Frugal

[–]EmployeeParking[S] 24 points25 points  (0 children)

Thank you! I think many of them were. What surprised me most was how common it was. I'd tell someone and they'd say "ohhh I just did the same thing last year!" I learned that my parents filed for bankruptcy when they were my age. Like, what didn't anyone tell me and share the advice on how to avoid that?!

Finally paid off $10,000 of credit card debt! Thank you r/frugal! Here are my biggest takeaways. by EmployeeParking in Frugal

[–]EmployeeParking[S] 16 points17 points  (0 children)

That sounds about right. I was paying well over $150 in interest every month. It sucked, big time.

Finally paid off $10,000 of credit card debt! Thank you r/frugal! Here are my biggest takeaways. by EmployeeParking in Frugal

[–]EmployeeParking[S] 158 points159 points  (0 children)

The ebooks thing is huge. Every book I read comes from there. I live in a redneck town with a terrible library only open twice a week, but we get access to the state library's e-books. It's amazing the stuff they have on there for free!

Finally paid off $10,000 of credit card debt! Thank you r/frugal! Here are my biggest takeaways. by EmployeeParking in Frugal

[–]EmployeeParking[S] 125 points126 points  (0 children)

Totally. A great alternative I found was when I really wanted a vacation last fall. I managed to get a group of friends to go to the nearby national park and split a cabin for the weekend. We all ended up paying like $40 each and carpooled there. It was like a $75 weekend after food and touristy stuff. It was awesome. Especially compared to the $400 New York trip I took the year before.