Life After Debt
Written by Blake Teen on February 1, 2011.
Paying off your debt is kind of like vowing to lose 50 pounds and then reaching your goal. Ta-da! It’s the moment you’ve been waiting for, but when it arrives you might find yourself thinking “Now what?”
First of all, awesome job paying off what you owed. It takes dedication and planning to pay off debt, and many people struggle with it endlessly, unable to make it happen. But not you!
It’s a new chapter in your financial life. A chapter where you are debt-free and devoted to not slipping into debt again. It takes dedication to stay within your budget and to spend less than you make, so remember not to get too relaxed and let your finances slip.
You’re also going to need a new financial game plan. This information and budgeting worksheet can help. Without debt payments, you’ll have an extra chunk of money to put toward something else. Financial experts