Get Rid of Your Bills

The cheapest woman alive says there is nothing better than getting rid of payments. Living pay check to paycheck is not the way of the frugal. I was never so thrilled than when I got rid of my student loans. I didn't have a big debt. Back in the day college was still affordable. Nevertheless when I could stop sending in $100 a month, I was thrilled. I felt free. I could do what I wanted with my money. There is nothing like being liberated from payments. My husband and I were very careful not to buy a bigger better house than we could afford. The realtors looked at us like we had two heads when we paid cash for our house. They had been trying to talk us into something bigger, but we stood our ground and got something smaller. Our car is older and we will have to buy another one soon but because we have no payments, saving for that eventuality is not so painful. Also if your car is paid off you can get the cheaper insurance. Once we have enough money scraped together we will start to look around. Necessity never made a good bargain. If you really need a car, you are more likely to buy the first one you see. It's like jobs. They are always easier to get when you already have one. Better to buy a car before your really need it. We will buy from a repo auction, on Ebay or from a distressed seller on Craigslist. My husband likes to say. "There's a deal every day" and for him, there is. Maybe the car will not show well. When we got our house, it looked tired and was very cluttered. The car may be dirty or have scratches which could be compounded out by detailing. We can see past that, just like we did with the house. As long as the engine is good and the car has safety features that lower the cost of insurance, it will be a contender. We are not interested in the kind of car that ends up regularly on the consumer reports poop list. We don't need luxury and fancy. We need low maintenance, economical and reliable. Without bills like a mortgage and car payments we are free to save or to spend as we please. Savings grow more quickly for investments like retirement or a vacation property in Florida. We can take a cruise and not worry about making the bills that month. We make sure everything is paid before we go. Get rid of your bills. Pay off the mortgage and credit cards. Pay off the car and watch how easily your wealth grows. In no time you will be independant in the sense that if your job goes away, you will still be okay. Not great maybe, but at least not homeless or on foot. Without payments your real wealth will grow and painlessly create independant means for a lifetime of security.