I’m Not Going Anywhere

April 26, 2013

Earlier this year, I was pretty much set on kissing this blog goodbye as soon as my debt was paid off. Actually, there were a few moments where I almost hit “Delete” on the whole thing. But as I get closer and closer to $0, the thought of not writing here again is… well, there are no words, because I’m just not ready to stop.

For the last few months, the #1 question people have been asking is what I’m going to do when I’m finally debt-free. Unfortunately, I still don’t know what my answer is. I think I’m going to save my “extra” money in June and set it aside for something fun. A weekend getaway that includes some shopping, perhaps. Nothing crazy, but that money will be for me to use however I want. Then in July, I’m going to kick my savings goals into high gear.

The thought of blogging about how much money I will be saving feels a little bit… self-righteous? Smug? I’ve spent most of the last few months thinking, Who is going to want to read about how I saved $800 one month? But I read blogs like that all the time – most of them written by people who used to be in debt. And they don’t just write about how much money they save; they write about life after debt, which doesn’t seem to be as glorious as it sounds.

I’m scheduled to make my last debt repayment on May 31st. (Have I mentioned that yet!?) And if I don’t know what the heck my June budget is going to look like, or when I’m finally going to trust myself with credit cards again, that means I’m not done what I set out to do with this blog. How long I’ll continue to write, I’m not exactly sure. Throughout the summer? Maybe until the end of the year? I will probably write until there’s simply nothing left to be said.

For now, all I know is that my debt will be paid off in another 5 weeks… and I’m not going anywhere. I hope you’ll stick around to see what’s next.

Have a great weekend, everyone. :)

  • Travis @Debtchronicles April 26, 2013 at 4:06 am

    While I would respect your opinion either way, I was hoping you’d eventually come to the conclusion that even if no longer in debt there’s still plenty of financial topics to write about. Just because you’ve “crossed over to the other side” doesn’t mean your journey isn’t still valuable. :)

    • Cait April 29, 2013 at 5:58 am

      Thanks for your support, Travis!

  • Jordann @ My Alternate Life April 26, 2013 at 5:28 am

    Can I just say:


    Ok, now that I’ve got that out of my system, I want to say that I’m glad you’ve decided to continue to write about life after debt. Since I’m pretty hot on your heels when it comes to my debt freedom date, I’m really interested in hearing your experiences of life after debt.

    • Cait April 29, 2013 at 5:59 am

      It’s funny how getting closer and closer to my debt-free date has made me see that I am not at all prepared for life after debt. I’m sure there will be lots to write about!

  • Laura April 26, 2013 at 5:36 am

    Awesome! I’m happy you will continue to write, I have recently gotten out of debt and I can say your blog has been a huge inspiration to me. It will be interesting to see how you spend/save but I am very glad you will be putting your June money aside for you! You deserve it :)

    • Cait April 29, 2013 at 5:59 am

      Thank you, Laura!

  • Rob April 26, 2013 at 6:02 am

    Cait, I would agree with Travis. There are lots of financial topics out there.

    Blogging about saving and gradually paying off debt is very informative and I’m sure that many readers have benefited from your experiences and insight. That said, however, there is another big interest out there in the world of financial management, one that in my mind is equally if not more important to gradually achieve security and happiness and that is the world of investing.

    Sure there are already many other investment blogs out there and I read many of them but I continually learn new things as time passes, different perspectives from different people’s viewpoints. There never is any one “correct” strategy.

    With your background and current employment experiences I’m sure people would continue to enjoy your thoughts on this topic, as well as share their own viewpoints with you here.

    You write:

    “they write about life after debt, which doesn’t seem to be as glorious as it sounds.”

    Right now you may think so but my view is this part of one’s life is so very much more important, as well as varied. IMHO, paying off debt is pretty straight forward (if not always easy). You try to cut down spending, you budget, you try to increase income. With the money thus saved you then throw money at outstanding debt until it’s gone. End of story (even if it does take a long time to achieve).

    Investing one’s money, making it work hard for you to generate passive income, controlling risk – these things aren’t always that simple nor that easy but the rewards can be great over time. Times change and there never is always one constant formula that fits everyone’s needs. People can make mistakes.

    So whether this topic appeals to you to blog about or not, I’m sure that we all would still enjoy reading your thoughts on whatever you feel would be of interest, whether it be financial or not in nature. Just my 2 cents …

    • Cait April 29, 2013 at 6:00 am

      I don’t think that investing will be something I touch on for a while, as I’m not quite prepared to tackle it myself. But I do see it being something I look into in six months or so. Perhaps my project for 2014? :)

  • Deena Dollars April 26, 2013 at 6:55 am

    BEST NEWS OF THE WEEK! (Okay, maybe second best to my car selling and $14,000 of my debt being cleared, but OTHER THAN THAT…) :)

    Seriously though, very glad to hear BOAB will be sticking around.

    • Cait April 29, 2013 at 6:01 am

      Yea, you selling your car is much bigger news, missy! So excited to know how much debt you got to pay off this week.

  • Dayle April 26, 2013 at 6:56 am

    Hey there… I love your blog so I’m glad you’re sticking around … I made my last payment onto my consumer debt a couple weeks ago, and I am now totally debt free other than my mortgage. I feel like the day just kinda came and went. I feel the same. I’ve been living on a budget for a couple years now, so I’m just going to continue on doing the same things I guess… It’s your blog afterall, so you can write about whatever you want, it is interesting to read about your adventures whether they be in debt repayment, moving across the country, or training for your half marathon, (or reaching your savings goals!) …. all the best and congrats!

    • Cait April 29, 2013 at 6:02 am

      Thanks for sharing your experiences, Dayle! I do have a feeling my debt-free date will just kind of come and go. I know I’ll be happy that it’s the last time I’ll be throwing that much of a paycheque at something I hate, but it’ll just be a day like any other. Time to move forward. :)

  • Teresa April 26, 2013 at 7:03 am

    Cait, So glad your continuing with the blog it is a significant part of the journey you are on. Whatever the topics might be know that someone or many someones will be inspired in a manner they were looking for. Thanks for sharing, quite proud for your accomplishment may your new found money grow in abundance!

    • Cait April 29, 2013 at 6:03 am

      Thank you, Teresa!

  • Olena April 26, 2013 at 7:06 am

    Yay! :) I’m glad that you are sticking to still writing this blog. When I recently found your blog and then saw the post about you stopping, I was disappointed. Glad to see that it won’t be happening any time soon. Keep up the great work!

    • Cait April 29, 2013 at 6:03 am

      Thanks, Olena!

  • Michelle April 26, 2013 at 7:11 am

    WOOHOO! You are so close. Glad you will still blog :)

    • Cait April 29, 2013 at 6:03 am


  • Sunny April 26, 2013 at 8:29 am

    Wow, 5 weeks!?! That will be here in no time. How exciting for you to be able to close that chapter.
    I’m glad you’ve decided to continue writing. I look forward to reading about where your life goes next.

    • Cait April 29, 2013 at 6:03 am

      Thanks, Sunny!

  • Erin @ Red Debted Stepchild April 26, 2013 at 9:11 am

    So glad you are sticking around! You are a great writer and I’m sure you’ll have plenty to write about even when you are debt-free. (Super exciting that it’s just over a month away :). Congrats!)

    • Cait April 29, 2013 at 6:05 am

      Thanks, Erin!

  • Ashley April 26, 2013 at 9:24 am

    I’m glad you changed your mind, at least for now! I recently got out of credit card debt (November of last year, woohoo!), and to be honest, I’ve really struggled with the “what to do after” phase. Paying off the debt was the easy part. I’m not completely debt free, and I have new financial goals for the next 5-10 years, but for some reason, I’ve had a really hard time adjusting after becoming CC debt free. I think it’s really important to continue down the path you are on, keep writing, and stay focused after the debt is gone. I’m looking forward to seeing how your story progresses…I think if I had found more bloggers that wrote about life after debt I might be struggling less right now.

    • Cait April 29, 2013 at 6:06 am

      Thank you for sharing your experience w/ life after credit card debt, Ashley! It’s stories like this that have helped me see it won’t be as easy as I might hope, haha.

  • Grayson @ Debt Roundup April 26, 2013 at 9:52 am

    First, congrats on almost reaching the end of the tunnel. I have been in your shoes. I still write about how I was in debt because I get a lot of readers that are still in the same situation. A lot of people like to see how the past was versus the present.

    • Cait April 29, 2013 at 6:07 am

      Well, I’ll be happy to join the ranks of debt-free bloggers who write about life after debt then! Thanks, Grayson.

  • Cassie April 26, 2013 at 9:52 am

    Yay! I don’t have to memorize another web address! :D

    Seriously though, I don’t think you would come across as smug talking about how much money you saved in a month any more than you come across smug when talking about how much money you put on debt in a month. They both have the same end effect: you become better off financially. I think people would look up to you in terms of saving and learning to invest as much as they look up to you for debt repayment inspiration.

    One thing I’ve noticed is that it seems like there aren’t many “learning how to invest” blogs out there. There are lots of debt repayment blogs, and lots of investing blogs, but that transition? Not so much. Most people talk about what they’re now spending their money on rather than what they’re investing in. It’s a niche that could use some bulking up ;)

    • Cait April 29, 2013 at 6:08 am

      Hahaha… My second blog is up, it’s just not running. I might make you memorize (its very simple address) later, still. ;)

      And you’re not the first person to mention that we’re missing blogs that help newbies learn how to invest! I can’t say I’ll jump into that right away, but it’s something I’ll definitely consider for later this year or early next. (Oh, I guess that means I could be around a while…)

  • Girl Meets Debt April 26, 2013 at 10:24 am

    I’ve already told ya that you and Cassie from Tale of the Trenches were one of the first PF/Lifestyle blogs I started reading and you just can’t stop! Or at least until I say it’s OK to :P

    On a serious note, you are starting a new chapter in your life with moving to the City and I can’t wait to read all about it, finance related or not!

    • Cait April 29, 2013 at 6:08 am

      Thanks, lady!

  • Sara April 26, 2013 at 11:25 am

    You’ll always be a BOAB, even if that budget doesn’t include debt payment, right :)

    • Cait April 29, 2013 at 6:09 am

      Yep! That’s what my mom says, too. :)

  • Ellen April 26, 2013 at 11:27 am

    Well, if you think about it, even after you pay off your debt you’ll still probably budget… and unless you change your hair color… etc. But if you decide to move your blog you should definitely save the posts for yourself. Never know when they might come in handy or just be nice to revisit!

    • Cait April 29, 2013 at 6:09 am

      Haha, I think I’ll always be a blonde… and on a budget… so I guess I’ll move forward at this address. ;)

  • squasher55 April 26, 2013 at 3:27 pm

    OK, Cait,

    Here is a suggestion. Once you are out of debt, change your goals and make them much loftier. If you read Financial Sam, he suggests you should have 100K saved up by age 30. Actually, a million dollars is not that much these days to have by the age of 50, and that would take some careful planning and execution.

    Quite often elevating ones goals….which may seem impossible at first, can actually move you into a different orbit of life.

    You started with negative numbers, now aim for powers of ten.

    Good Luck.

    • Cait April 29, 2013 at 6:10 am

      Thanks for the suggestion!

  • cjb April 27, 2013 at 7:01 am

    I’m really glad your going to continue the blog. Your’s was actually the first one I found (off your learn Vest contribution) and finding you helped me find GMD, Enemy of Debt, Mr. 1500….Monster Piggy Bank, Modest Money….Gosh, the list goes on but I wouldn’t have known about these other people blogging about their debt if it hadn’t been for that one post on LV.

    I had been searching for something motivating after taking Dave Ramsey’s FPU, again. The comradery was awesome and I’m finding that same comraderyin this PF community.

    Maybe you could write about your journey with using your credit card. I know I could never use one again. I’ve been living without it for 3 years now….why mess up a good thing. But I think it would be interesting to hear about how your struggling with it or even winning.

    Maybe you could make a goal to save for something big in a period of time. Something big like a condo, a car or something else you’ve been wanting or needing.

    Just some ideas….

    Thanks for staying. I’m routing for you!

    • Cait April 29, 2013 at 6:12 am

      There are so many great blogs out there! I’m glad you’ve found some of them through mine. :)

      My next goal is to beef up my emergency fund and start contributing to my retirement savings again.

  • Revanche April 27, 2013 at 1:07 pm

    I’m glad you’re not ready to stop yet. :)

    IMHO, the best part of paying down debt is all the things you can do in life after debt!

    • Cait April 29, 2013 at 6:12 am

      Eek! I’m excited to see what that side of life is like. :)

  • Jacqui April 27, 2013 at 8:05 pm

    I’m glad you’ll continue writing. I think life after debt is just as interesting and valuable. A lot of people who get into debt once continue that pattern. I think it’s interesting and important to talk about changing that pattern.

    • Cait April 29, 2013 at 6:12 am

      Thanks, Jacqui!

  • Clare April 27, 2013 at 8:46 pm

    Good, I need you around. And as someone who is recently out of debt herself, the money issues remain interesting. Up next: wedding savings!

    • Cait April 29, 2013 at 6:12 am

      WOO HOO!

  • Cait April 29, 2013 at 5:59 am


  • American Debt Project April 29, 2013 at 2:23 pm

    Good to hear you’re sticking around congrats on the May 31 payoff, that’s going to be a sweet day :)

    • Cait April 29, 2013 at 10:06 pm

      I can hardly wait!

  • Mo' Money Mo' Houses May 2, 2013 at 4:14 pm

    Woohoo! Can’t wait to read all about your post-debt life!

  • Carrie Smith May 12, 2013 at 7:00 pm

    Glad I finally knocked some sense into you! :P Okay but seriously, I’m so glad you’re sticking around and sharing your journey after reaching your debt-freedom goal. As I’ve learned, it’s almost more challenging staying out of debt than it is getting out of debt. But I know you can do it and I can’t wait to read/hear all about it!