We’ve had a great week after declaring we were debt free last Tuesday. It’s an exciting time for the family to put the focus of debt repayment behind us and begin to focus on wealth building. We have gone into information gathering mode again, but this time I’m not the only one involved. My wife is also playing a big part. We are double checking our options on investing and college saving before jumping back in. We have discussed adding some discretionary spending to the budget too. We are taking a cautious approach as we need a bit of time to re-evaluate our budget. We just want to breathe for a week or two before we make any major decision. I expect that it will evolve over the next few months before we settle in for a bit.
Our family’s mood certainly had a different feel to it this weekend, there was something missing, oh yeah that huge pile of debt. All kidding aside I do feel different, in a great way, like some weight has been lifted. The family grabbed dinner out Friday night and we had a great time. We did manage to discuss credit cards and debit cards. My youngest son wasn’t totally clear on the difference. We cleared it up for him and I was surprise to hear his older brother and sister view on credit cards, stating when using CCs you’re using money you don’t have. On the ride home we all sang alone to the new U2 album, Songs of Innocence. It was a fun family night. I did some grocery shopping this weekend and it felt different. I still stuck to my list, used coupons, total bill was just over $76, but paying certainly had different feel to it in a good way. I really can’t explain it in words, but it’s a good thing.
There has been a lot of interest in our story since we have made our debt free announcement. I have several interviews and posts pending with our blogs. I’m proud of our accomplishments and I’m happy to share our story. My wife and I both posted statuses on our personal Facebook account and the response had been overwhelming positive. We have several friends asking how we did it. We are offering help where we can and supplying them with resources. I also had the opportunity to be interview by Libby Kane for Business Insider. We had a phone interview last week. After hanging up the phone with Libby I again felt good about what we have accomplished, exciting for the future for my family. The post was published yesterday on both BI and Yahoo Finance. What I wasn’t prepared for what all of the negative comments.
Ouch! The internet tough guys were out in full force. I guess I should have anticipated it, but I was just on such a high from the past week that it never crossed my mind. I guess I’ve been spoiled by the great community we have, because most of the comments on Debt Discipline have been from fellow personal finance bloggers. I’m trying to deal with it, as these internet trolls mean nothing in the grand scale of my everyday life and I need to reminder myself just that. I have offered the same advice to others, but when you start making comments about my wife and kids, it has gone a little too far. My wife was upset too and I apologized for putting us out their like this. I’ll chalk this up to a lesson learned.