Have you ever wondered what it would be like to be debt free?
You probably realize that it would be a weight off your shoulders — no more stressing about credit card debt or worrying about what would happen if you lose your job — but there would be more to it than that.
So imagine this scenario with me for a moment:
You get your paycheck, and the whole check is all yours. Really yours.
It’s not earmarked for debt before it even hits the bank. In fact, you can do whatever you want with it. Anything! It’s like you’re a kid again — only a kid with a regular income.
Now sure, you’re going to use some of your income for your daily needs of eating, keeping warm/cool, and having somewhere to live, but that can be as much or as little as you like.
After that the choices are wide open.
Want to contribute 40% to retirement? Save up and buy a boat? Fly off on random trips that you can easily afford? Take your kids out of school for a year and volunteer in some obscure country? Work at a low paying job you love? Live off interest and dividends, and don’t work at all?
Go ahead. Dream.
The possibilities are endless when you get out of debt.
What will you do when you’re debt free?