Hello! I have a special mid-week treat for you! An awesome dear debt letter from Financial Underdog, who writes at Money Ramblings and talks about his personal finance wins and challenges. If you’d like to write a dear debt letter, please get in touch.

Dear Debt,

It’s been a while since we’ve talked. Five years ago I’ve walked out on you. Five years ago I’ve decided to end it with you. And these five awesome years were filled with joy and happiness. In all honesty, I don’t miss you one bit.

We’ve met when I started going to college. A sweetheart counselor thought she’s doing me a favor by introducing me to you. See, I was new to this country, and didn’t know anybody, so it felt nice to have somebody to rely on. Too bad I’ve never finished college and had to go back to work, but you’ve stuck with me even after I dropped out.

Heck, we had some good times together.

My life felt easier when you were right next to me. You took me places, you bought me stuff. I remember going on a trip to Europe with you, and you made it extra sweet for me. You paid for hotel, my meals, and even an awesome camera I just had to have before heading there. I still have pictures, dear Debt.

I remember you buying me a new car. You felt I deserve something better to drive because my old car was not as shiny as new ones, and didn’t have fancy options. At first, I resisted but you’ve talked me into it by saying how hard I work and I deserve to enjoy finer things in life. So, you bought me a new set of wheels, and after parking my old car in a garage (hurt feelings!) I started driving in style, just like all of my friends.

All good things end.

What started as a fun flirt on a side soon turned into a nightmare of a relationship. Before I knew it, you basically moved in with me. Good memories of trips together were long gone, but you were right next to me every day. Every night you kept me awake as I crunched the numbers in my head trying to figure out how I can make it work. You forced me to work on weekends to bring more money home to pay for you. All of my money was going towards you, but you kept demanding more and more. Your collecting friends started calling me at night asking about money. You made my food taste bland and every day seemed joyless because you sucked the life out of me. You have no idea how bad you make people feel. Heck, some people commit suicide because you got a hold of them.

This is when I said I’ve had enough.

Breaking up with you was hard but truly worth it, dear Debt. I’ve kicked you out of my house, sold your presents, and got rid of your shiny new car. Took me months to clean up your mess! But my old car was happy to see me, and in all honesty I don’t miss any of your presents. I sleep well at night, and my new friends Budget, Savings, and Investing take good care of me. We spend a lot of time together, and I haven’t thought of you for a while now. Because of them, things are looking up for me! All because I’ve made a decision to end it with you.

I’m glad you’re gone, dear Debt. Don’t ever come back. Forget my number, and forget my house. You’re dead to me.


Financial Underdog


Melanie is a freelance writer currently living in Portland, Oregon. She is passionate about education, financial literacy, and empowering people to take control of their finances. She writes about breaking up with debt, freelancing, and side hustle adventures at DearDebt.com.

Currently she puts more than 50% of her income towards debt, while living a frugal, fun life. In addition to her love of personal finance, art and music, she is also a karaoke master. Follow the adventure @DearDebtBlog.

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4 responses to “Dear Debt Letter from A Financial Underdog”

  1. Lauren says:

    Love this! Great read, Financial Underdog! Good job breaking up with your debt 🙂
    Lauren recently posted…How to Get Around These Common Writer RoadblocksMy Profile

  2. “and my new friends Budget, Savings, and Investing take good care of me.” I love that line! I think most of us have been in that same relationship at one time or another. Thanks for sharing your story!
    Tonya@Budget and the Beach recently posted…Sacrificing a Small Trip Today for a Big Trip TomorrowMy Profile

  3. Haha, this actually feels like my last break up 🙂
    Stefanie @ The Broke and Beautiful Life recently posted…I’m a Car Virgin: What To Know When Buying Your First CarMy Profile

  4. Right on! Way to kick Debts a$$ to the curb!
    debs (@debtdebs) recently posted…Two Key Blogging Tips to Help Your Brand and ExposureMy Profile

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