Remember yesterday when I talked about the inspiring story of Joe Mihalic?
Today, I am over at Beating Broke sharing how Mihalic’s debt repayment compares to ours and what I have taken away from Mihalic’s story.
Here is an excerpt:
If you have tens of thousands of dollars to pay off, gazelle intensity can be exhausting. You can easily begin to feel sorry for yourself and lament all of the things you have to give up and sacrifice when paying down debt.
We started our journey to be debt free on October 20, 2011. Our debt was a mind-numbing $57,966.01. In the 7 months since then, we have paid down almost $10,000. (We are sitting right around $48,000 now.) I am proud of our progress, but we have reached the point where the journey is getting long and difficult. Gazelle intensity has lost its luster.
While we have no intentions of adding any new debt, we sometimes want to slow down and enjoy life. I don’t want to work so hard all the time; I want to spend money on treats sometimes.
And just like that it happened. . .
Head over to Beating Broke to read the rest. I would love to hear your thoughts!