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No cc debt

September 30th, 2018 at 06:22 am

We are now credit card debt free. I used 1.6 % of our savings to pay it off. Even though we still had some time with a 0% promotional period on this debt, I could not stand the though of having debt hanging over our heads. We are now debt free except the mortgages.

I am almost certain that I will be resigning from my job by the end of the year effective 2019-2020 school year. I no longer want to tolerate the disrespect from students and the endless pressure from admins. It is time to do something else and I am so blessed to have the option to step down and figure it out. My husband is supportive as it is taking a toll on my health (stress, headaches, some anxiety and irritability).

Autumn is definitely in the air in my neck of the woods. I love everything about it!

8 Responses to “No cc debt”

  1. crazyliblady Says:

    Congrats on the debt payoff. I wish you luck on your new adventure. I wish I also had that freedom.

  2. rob62521 Says:

    Way to go on the debt payoff!

    I totally understand your stress in the classroom. Teaching isn't teaching and it certainly isn't enjoyable. Will you still be able to take advantage of the pension or does your state allow you to draw out what you have paid in and you can invest it.

    I retired the first moment I was allowed to. After over 30 years of disrespect from both sides: students and parents as well as administration, and the rules and regs of teaching to the test, education isn't well respected.

  3. Dido Says:

    Congrats on that milestone and on putting yourself in a position where you can make that career decision!

  4. CB in the City Says:

    Kudos on the debt payoff. And I commend you for leaving a job you dislike. Life is too short for that!

  5. NJDebbie Says:

    rob62521, I've yet to explore my options with my pension (I am definitely vested). I think I might just keep it there.

  6. LuckyRobin Says:

    It is a wonderful feeling to have credit card debt gone. Good job!

  7. frugaltexan75 Says:

    WTG on the payoff! Boy do I get where you're coming from - re teaching.

  8. rob62521 Says:

    NJDebbie -- I contacted our retirement system a few years before I retired just to see what was out there, and was told the different options. One was to "retire" but now draw until I was 60 for more money. I chose to retire at 55 and get less amount. I hope things work out well for you. Glad you are vested.

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