Hello debt fighters and budget believers! It’s time for another dear debt letter. If you are new here, I’m all about breaking up with debt. I write breakup letters to debt and encourage others to do the same. This project is my baby and I am beyond thrilled when people participate. Today, Rishenda is taking over and making plans to ditch debt.
Rishenda and her husband have a combined $45k in student loans that they are kicking to the curb within 24 months. Rishenda is a blogger and creative writer living in Wisconsin. Check out her blog!
Dear Debt,
You made me choose between a 3 bedroom house and a 4 bedroom house. I couldn’t have a chocolate fountain at my wedding because of you. I have to plan my meals, drive an old car, have a plan for every penny. I can’t buy the tall brown riding boots I want because of you. I had to cancel my gym membership. I have to think twice about a night out with my girlfriends. All of this. For you.
For you, because of me. Because I couldn’t grow up in time to realize what my choices would mean in the future. Because I had a credit card and because I had access to student loans. Because I thought saving money was for real adults, not for me. Because I thought I had endless time.
Debt, I have your number now. I have your exact number and I know your interest rate, and I have a date circled in red. The red you wrote over me I now write over you. I will step into the black and it will feel so good because I’ll know what it means now.
Sincerely,
Rishenda
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12 comments
Wishing Rishenda the best in conquering debt. It really does suck to have to make not so fun choices because of our past mistakes in order to climb out of debt!
Thanks for your support! We all need some added support while busting debt. You rock.
LOVE THIS!
Thanks!
That was a great letter. I agree with her too – I think twice about everything before spending!
Glad you enjoyed! 🙂
This is exactly why we need financial education in schools and why young students need to be encouraged to understand what debt means: it’s not just about putting payment off till a later date, it’s about being unable to afford some of your dreams and having to make second-best choices because you don’t have enough money.
I totally agree! It’s hard to make decisions that will affect the rest of your life at age 17.
“I have to plan my meals, drive an old car, have a plan for every penny.”
Debt can teach some valuable lessons.
It definitely can! It’s a tough lesson, but sometimes necessary.
Rishenda, good luck and much success in remove that ol’ ball and chain!
Thanks for stopping by Jason and supporting our debt fighting crew!