Just Say 'No' to Credit

Which is exactly what I did today. Way back at the beginning of this blog, I posted my overarching financial goals. I am happy to say that I paid off hubby's Target card today, then I called and cancelled the card. Having cancelled all of my credit cards a while back, I don't even flinch now when the person in the cardholder retention office grovels and tries to get us to keep our credit cards. A simple "no, please close the account" said about five or six times does the trick. Now we have only a few more big debts before we are debt free except for the house. I made a deal a while back with the IRS to pay $1000 a month towards my taxes so both the 2008 and 2009 taxes will be paid off by February, I have called the car repo creditor to make an offer in compromise but haven't heard back from them yet, and I now have hubby paying $1000 towards one of his credit cards each month (which he previously never thought was even possible). Oddly enough, I feel richer now than when I had a handful of credit cards even though I have only about $1500 in savings as opposed to the tens of thousands I used to have in available credit on my credit cards. Being debt free rocks!