Selling something is not only the fourth key to step 2, dumping debt; it is also what got my whole blog started.? Commenting on this post?made me realize that a lot of people who I couldn’t talk into reading a book, or might be offended if I mailed them a book; would probably enjoy coming to a blog that talked about something that everyone goes through but no one talks about.? (By the way, the offline offer from my mother-in-law was way too low, so please let me know if you want my leather couch.)
Realizing that I have brought only enough stuff with me to fit into a motel room that I have been living in for almost six months now, I realize that I don’t miss anything from my house.? I could easily live without anything there.? In fact, I set around dreaming of how much certain things are going to bring on ebay when I get home next month.? I also dream of how much my house has gone up in value, making me love the idea of selling it.? I can easily live in a one bedroom apartment for the next four years until I am out of debt.? Even this motel room with all four of us isn’t bad.
Selling stuff is a great way to add what I call the multiplication factor to dumping debt.? If you amortize my current debt with what I budget each month on paying it, we are looking at about a fifteen year re-payment plan.? By selling stuff, and being more intense with our budget, I am confident we will be debt free by 2010.? The nice thing is when we get there, we won’t have so much clutter in our lives because we have sold all of our junk that we thought we had to have, but never needed.
On a side note, I did not intentionally?skip key number?3, prayer.? You can always go to Amy’s web site for plenty of posts on this topic.? I do want to ask that you please pray about our immediate future.? Everything that was so clear for so long has suddenly become unknown.? There are a lot of opportunities in a lot of directions, and I am out of time on picking a direction.? In addition,?at any moment I?could lose the opportunity to even choose, so please pray!?
We pray for you guys every day. I know God has big plans for you. Just keep praying and take time to listen. God is known for waiting until the last second to give us direction so we can be sure it is Him. Hang in there.
Comment by Debbie — March 24, 2006 @ 9:23 am
3:06 a.m. We live in the same little room and I have to check your blog to see what time you went to bed.
I hate clutter! Sell everything! Except… the coffee maker that started the whole conversation.
Comment by Amy — March 24, 2006 @ 9:34 am
I can’t help the 3:06 a.m. part. Working the second job in the evening and still needing to take care of things is a necessity. I do feel a nap coming on this afternoon as it is a half day for the Army. I just have to wake up for the Texas Roadhouse job before 5:00
Comment by Joel — March 24, 2006 @ 9:48 am
I am thinking about you guys as you go through this. I have been doing the Dave Ramsey program for 6 months with great results. 2010 is really not that far away. Just imagine the feeling of making that call to his show on a Friday afternoon saying you are debt free!!!!
Comment by Sheila — March 24, 2006 @ 11:01 am
That will definitely be a good day when we can get to make that call!
Comment by Joel — March 24, 2006 @ 11:41 am
Words of Inspiration
“Forget past mistakes. Forget failures. Forget
everything except what you’re going to do now
and do it.”
~ William C. Durant ~
Comment by Sandy — March 24, 2006 @ 5:22 pm
I will say this - your story, if nothing else, is at least interesting. It’s also a lesson to those Americans (far too many) who get into debt and file bankruptcy which the rest of us have to end up paying for in some way, shape, or form.
Comment by Mike — July 7, 2006 @ 12:33 am