Burden of Debt


of Debt

Debt is a huge burden to carry. We all have it and it’s time to take the step to get rid of it. Let’s strive for financial freedom. Over the last year I have become very passionate about getting out of debt. The older I get the more I want to be debt free and have freedom from money. Also, when I get married I don’t want to go into the marriage with a ton of debt. So that’s one of the main reasons I am working on getting debt free. Also I am tired of not having money. AND I want to move out of my parents. There are many reasons why it’s a good idea to have financial freedom. What are yours?

I am tired of carrying the burden of debt so here is how I am getting out of debt.

  1. Realized I needed help
  2. Looked at my finances
  3. Cut unnecessary expenses
  4. Snowball Effect – start paying off the smallest amount first
  5. Emergency Fund

I am on step 4 right now. I started out with 5 debts and now I am down to 3. Although the last one will take a while, it’s my car loan. (this is where I started in the Fall – it has now since changed)

Personal Loan
Royal Bank Student Loan
National Student Loan
Credit Card

Currently I am working on paying off my car insurance for the year and then I will be working on paying off my Royal Bank Student Loan. It makes me excited to see my debt go down and down. I started out with $11,300 and now I am down to about $8,100. I’ve paid off around $3,200 since December of 2017. My burden of debt is getting lighter and lighter. Praise the Lord!

I should this all paid off by December 2018!!! Well except my car, which I am fine with. I will keep you all updated on how I’m doing. I will hopefully have a new blog post next week about something new I’ll be starting to help pay off my debt faster.

Follow along with me as I journey to becoming debt free.

“No one can serve two masters. For you will hate one and love the other; you will be devoted to one and despise the other. You cannot serve both God and money.”

Matthew 6:24 (NLT)

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Christ Follower / Photographer / Blogger / Adventurer / Annapolis Valley, Nova Scotia

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