I happened to be searching google for actual people who had set a goal to pay off the mortgage. I came across a blogspot named "Death to the Mortgage". This couple paid off their mortgage in about three and a half years on April of 2011; the original refinance amount was $148K. On Wednesday, they are closing the blogspot and have a new blog called, "Death to the Full-Time Job". Clearly, these people are goal oriented and are definitely moving on to the next goal. Blogs such as these keep me inspired and "gazelle intense" (sorry if you are not a Dave Ramsey fan)in paying down our debts. I often wonder what will be our next step if we happen to meet our long term financial goals. I know for sure that we will continue to build our savings and contribute aggresively to our retirement funds, but I have a confession to make. When we are done paying our debts I want to purchase my dream car: a convertible BMW (series 1 is perfectly okay with me). It may seem shallow and unnecessary to some, but I will be treating myself with this car. If you were completely debt-free (house and all) what material things would you splurge on?
What would you buy?
August 17th, 2012 at 04:37 pm