We finally payed off our debt almost two years ago. It’s scary and I’m glad we are not in up to our necks again. We just found out we have almost $10k in foundation repair, though. I hate debt.
Infographic provided by the providers of CareOne Debt Relief Services
Heather, the mom behind OurKidsMom, is located in western Missouri. She is 3rd grade teacher turned stay at home mom with 4 children: Ethan (9), Emma (10), Joshua (20) and Kaytlin (25). She spends her "free time" at the gym, planning her next travel adventure, blogging, browsing Pinterest for her next craft and reviewing great products for her family and home.
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Sorry to hear about that financial blow… At least you’re sitting at zero debt to begin with. That’s thankful! Homes can be so expensive! I sometimes have a small panic that our ac unit will go out. Best of luck with your repairs.
Also, This graphic is really terrifying.
It is a real problem! I too have had quite a time. Credit card companies and other lending companies make it so easy to borrow. Oh sure they show you how you can pay it back but when your husband looses his job, becomes disabled and you loose your family business as well. There is no money to pay them back. I hope one day to never owe anyone again. We used to be debt free, that was until my husbands accident. Thank you for your information. I see I am not alone. =(
I feel for you. I have lost everything in this recession and now all that I have is a mountain of debt and a lot of depression. God Bless You and I hope that you will be able to manage.
I wish there wasn’t credit cards! lol It would make life so much easier!
WOW! This is a real eye opener and very sad.
Congratulations on paying off your debt. It must be such a relief.
I have so much debit in student loans. It’s ridiculous! You’re lucky to have yours paid off.
This is kind of sad.
I hate using credit cards…
God knows how much debt my husband and I have. I sometimes wonder if it will ever get paid off.. Great Blog!
We just recently “fixed” everything for now. Life Happens though! Cant wait to see whats next to come ….
Great job in paying off your debt. I have taught my kids that if you don’t have the money in your checking account to buy something, then you can’t buy it. Credit cards are for emergancies only. It has taught them to save and always save for a rainy day, there is always a rainy day.
We are working to pay off all of our debt (Thanks Dave Ramsey!), but it’s still sad to see this type of infographic. Sorry to hear about the repairs that your home needs!