Four months ahead of schedule, our credit card debt is no more. It feels like this post should be full of exclamation points and "squee"s and "woot"s and happy dances in general. This is a HUGE feat and accomplishment as well as a giant burden lifted. But I can't get over the fact that this year we brought in an excess of $25770.77 that went to debt. That is SO much money. And it's gone. It's zeroed us out to where we always should have been. Every stupid purchase, mis-paid medical bill, commuter gas fill-up, furniture or baby stuff shopping spree, Christmas gift that we couldn't afford, yay debt moment... PAID OFF. PAID OFF! We have exorbitant student loans and a seriously misguided second mortgage sitting us deeply in the negative to the tune of about $36,000 but these types of debt are not as ugly. It feels weird. The light at the end of the tunnel was really just a brief reprieve from the darkness of debt but we're soaking in the sunshine and basking in the glow of being damn near half way out of the depth of our debt.
As we reached the end of our credit card debt journey, we found out that Grandpa has/had $56000 in credit card debt. This is about double what his life insurance is worth. As this is a community property state, Grandma is in a predicament. Sitting here in our mid-twenties with more debt than life insurance, I'm feeling a strong pull to get our affairs in order. It seems too practical, too depressing, and almost like I'm beckoning for something bad to happen. But what if something did? I don't want to be financially screwed if my life got turned upside down.
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