It’s Okay to Be in Debt, Just Not Okay to Stay in Debt Story

It’s Okay to Be in Debt, Just Not Okay to Stay in Debt

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While getting into debt was not ideal, I don’t regret any of it, and thankfully we had the financial means to dig out. I know not everyone is as fortunate. Regardless, this is our story.

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Going Nearly $200,000 in Debt

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I had managed to save a few thousand dollars more over the years from my job, waiting tables and bartending in college. So at age 25, I had no debt and a decent amount of money to start my life.

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If I could do it all over again, there are things I would do differently. Regardless, by my 30th birthday, we had managed to accumulate nearly $200,000 in debt. How did this happen?

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We purchased my grandparents’ old house shortly after my grandmother passed away. We are still spending money renovating this house ten years later.

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[{"selector":"#anim-e36f686a-fd87-460e-8c95-3482301682e5","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-127bc588-488d-451f-8f7b-283f3c30a377","keyframes":{"transform":["translate3d(0px, -99.64486%, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e3a9b90-297f-45f1-b000-628c9986b4c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-37139c75-74d4-447a-bf79-ec321f0bd08c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] And last but not least, we ended up buying a lake house with family. And yes, we went in on the lake house purchase already nearly $200,000 in debt. Learn more

Drowning in Debt

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It’s Okay to Be in Debt

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Swipe Up To Learn More

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