And to the right we have…..

Sometimes I feel as if I’m on a display with people wondering why I do what I do.  Partly it’s my own fault (I’m WEIRD in all capital letters for serious) and partly it’s because of what I’m doing here.  I don’t tell many friends that I blog—kind of because I tend to like the idea of being completely honest and sometimes I’ll share conversations on here.  And when I do tell friends I blog, and they find out what I blog about, I get the question “WHY do you want to get out debt so quickly? You have your whole life to do this.” Seriously.  No, really, it’s an actual comment (okay paraphrased from many comments) that I’ve received.

My answer: because I’m smart.  Oh wait, that’s implying they aren’t smart and isn’t very nice at all.  Okay, new answer: Because I have better uses for my money than letting it go to debt payment for years on end. But that’s still not really why and kind of sounds uppity.  Okay, final answer: because I don’t like the thought of owing someone a lot of money when I could be doing fun things with that money.  That’s not bad.  And it’s true!  I know that I could go on a vacation on credit and that would be “fun” but it’s not going to be fun enough to continue paying years down the road.  (And yes, I’m implying that I wouldn’t be paying that vacation of in full when I received the statement.  Just the minimums)

And yes, money is a little tight right now (for instance, I’m saving up to go to a concert for a date in September because our normal date money won’t cover it all instead of just being able to rearrange the budget to give us more that time) and sometimes I feel like there is no end in sight.  But I know it’s going to be worth it.   And maybe it’s just pride getting in the way, but I really hate owing people money.  Not that you can tell if you look at the sheer amount of debt I’m in but I really don’t like it. And truthfully, it’s only stretched tight because we are saving up to move, saving for a wedding, saving up for a efund and we’re trying to get out of debt.  Not many normal people do that.

So yes, student loans (one of the contention issues) might be structured to be paid off over the long-term, but when I can, I plan on starting to knock those suckers out.  This is partially because I defaulted on them for a while and am a few years behind but also just because I really don’t like them hanging over my head.  The future plan is to go after the baby one and just get it down as fast as I can.  Of course, we also have to take care of my fiancé’s student loan.  So that will in actuality be the first to go as it really is a baby. Point is? Debt has got to go.  And yes, if I get a house, it might come back but that’s far down the road.

In conclusion, people can stare at me like I’m on display all they want.  I’ll eventually be debt free and a lot happier and I am also comfortable with my incredible weirdness.


37 Comments on “And to the right we have…..”

  1. Money Beagle says:

    That’s great that you’re keeping your eye on the prize, even though it’s not a quick fix. I think all too often people lose track of their goals when they take more than a couple of weeks or months. Getting out of debt (for most) is a big job that takes years. But as you pointed out, it’s well worth it.

    • bogofdebt says:

      I try to do little goals. For instance, we would like a new to us car but seeing “$5000” (or whatever) is a really long goal when I can’t afford to throw $200 a month at it. So instead, I put $300 and work from there. Once that goal is reached, I celebrate and extend the goal out farther.

  2. I totally know what you mean! I definitely get weird looks when I say that I want to pay off my debt within the next two years. Most people ask why, and most aren’t satisfied with the answers because being ‘debt free’ has never really been offered to them as an option, it’s just been an assumed constant, something they will always have. Keep at it, being debt free will (I imagine) feel great.

  3. People look at me weird too and that’s before I even say anything. I’d rather be weird and debt free than “normal” and making payments the rest of my life. It seems like you are definitely on the right track which is quite impressive with an upcoming wedding and move and everything. Keep up the good work, I’m sure it will pay off…debt humor, another reason I get weird looks 😀

  4. queenlbee says:

    I understand too often how hard it can be to talk about finances. Especially in the south where money is still SO SO SO taboo. Great job!

  5. Sometimes people don’t understand that we want to save. If I mention, we don’t have enough money for this, sometimes the response we get is aren’t y’all working? you should have enough money.
    In reality, everything adds up fast, and sometimes I feel like we spend so much money and honestly, don’t see a return. I’m trying to battle this by automatically putting money in our savings account and trying not to touch it.

    • bogofdebt says:

      I hear you-someone mentioned “don’t you have savings? That’s what its there for” when I said I wanted to do something but had to wait. My jaw dropped–we had just gotten done discussing my wedding saving and that was what the savings they were refereing to was!

      • Ahh!!! That’s awful!
        I think my friends are pretty understanding of our financial situation since they are going through similar challenges.
        Older adults though, sometimes think we are nuts saying we have to save and pay bills. They jump on us saying either our situation is nothing compared to ours and you are so lucky, or with your salary you should have plenty of money.
        I’m not complaining here, I believe I have a pretty good salary, and hopefully hubby lands a job that improves his pay. But sometimes I feel like it’s not enough. After retirement, fsa, medicaid, social security, and taxes, there is little left in the paycheck. Then we allocate a portion to savings and debt, then expenses. It quickly disappears. Somehow when I was younger I thought it would come easier. Which is why it
        s so important to stay out of debt and save money all the time.

  6. I haven’t ever gotten that reaction, just “you must be good with money. We aren’t good savers”. I think most people that I know understand why somebody wouldn’t want to be in debt.

  7. Really? That surprises me because most people I know would think that’s a great idea! I think I’ve heard it more than people think it’s reasonable to finance something you shouldn’t on a credit card, like a trip. Those are the YOLO people, but most I think would agree that having debt hanging around is a bad idea. No matter, you are doing the right thing. It’s good to get that monkey off your back!

    • bogofdebt says:

      Thanks! And I think it’s more that they just expect debt to be around and is an accepted thing. I’d rather just get it over with and not have to worry about it anymore.

  8. I know how you feel. We just finished paying off $100,000 in consumer debt and I’m looking forward to using that money to build a new and better life. I also don’t tell any friends about my blog. It’s easier to be honest that way.

    • bogofdebt says:

      It is-I don’t have to worry about people miscontruing what I’ve said here to suit them. The few friends I have shown are the nonjudgemental type so I know I don’t have to worry about them.

  9. AverageJoe says:

    I can’t tell anyone about my blog because of a non-compete agreement (that’s why you get AverageJoe here). I like your marathon attitude. Knowing that you’re making changes is difficult, but when you constantly remind people around you of the new you, it makes it fun and easier.

  10. Hahaha, oh yes, I find the same thing. My wife and I only have one loan left to pay off (mortgage) but even so, we’ve been throwing everything we can at it. And fast! That sucker is going to get paid off EARLY. And peopel look at us like we’re nuts. But like you, I don’t like owing money to people. I feel like I”m under the thumb of the loan company. And I don’t like it. Not at all. Not at freaking all! So I’m with you completely. When they look at you like you have 10 heads, you just look at them with the same strange look and qustion why they aren’t paying off their debt faster!

  11. debtsntaxes says:

    I used to think that debt wasn’t that bad. If I want to buy something I’ll do it now and make payments and eventually own it free and clear. Then I started looking at the numbers and how much money we were throwing away every month on interest. I’m not sure what the number was before our refinance but I know it was $500+/month wasted on intersest. Now we have it down to a little over $400 but that is still ridiculous. I know I could do a lot with that money and that’s why I’m so eager to pay off our debt.

    • bogofdebt says:

      Yup, I used to be one of those people too! And than I started to do the math and it just doesn’t add up for me. I understand if I ever buy a new house or if I get a finannced car that I’ll have debt but I would plan on paying those as fast as possible.

  12. Mike says:

    I think more and more people now are realizing how toxic debt is to their lives. The party is over when half of the public owe more on their houses than what they are worth.

  13. I don’t get that reaction, either! But the reaction you’re getting is obviously from people projecting their insecurities. They know, somewhere deep down, that they too should focus on increasing their net worth, but they don’t like hearing about it from someone who they initially thought was in the same boat as they are.

    • bogofdebt says:

      That’s my thought. Which is why I tend to shy away from the topic of savings and debt unless I really need to. That and I dislike “oh you have savings just take it from there.” so annoying.

  14. I’ve gotten a few of those, too! I get the whole “most people have debt…you guys are doing fine.” I don’t even know what to do with those comments. I try to be nice and respectful to everyone, but I really don’t know if people are just trying to make me feel better or if they honestly think that I’m too hardcore because of “a little debt.” I think you and I are smart, for sure! The thing about debt is it has a tendency to GROW if left for tomorrow. I hate the whole “carpe diem and who cares about your debt” mentality, which is why I’m so glad I’ve met so many like-minded peeps through my blog! I’m not planning on getting rid of my debt; I plan on MURDERING IT! 🙂

    • bogofdebt says:

      Oh I’ll join you for the murder fest! I’ve got some nasty loans that I need taken care of 😉 And it’s funny with the carpe diem–many people that I talk to wonder why I’m doing such a limited wedding budget. (Which I really didn’t think it was that bad) I’ve been told “you’re only getting married once, why not live a little?” My thought is: it’s one day and I don’t want to spend 20k on the wedding alone. Ugh, gives me shivers just thinking of it.

  15. You are doing great! And don’t let naysayers give you a hard time about paying off your debt. They are probably up to their eyeballs in it. Your hard work will pay off!

  16. Congrats on being able to see the light and pay the debt off unlike your friends! We are also working to pay off our debts and will be happy when all of our student loans are gone!

    • bogofdebt says:

      Same here I’m really starting to hate them…oh wait, no I already hated them. I’m really starting to do something about that hatred besides ignoring it now 🙂

  17. I’m very new to blogging, but I don’t think I will tell my close friends or family because I also want to be honest and not have anyone feeling like I am putting down their lifestyle if I don’t agree with it. Good luck on your journey!

  18. […] And to the right we have… on Bog Of Debt […]

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