Before you jump to conclusions, I am not deleting this blog! I’m simply changing the name. :)
On October 1st, 2010, I created a free blog: blondeonabudget.wordpress.com, to be exact. (Which, oddly enough, looks like someone setup again just a few weeks ago… huh. Anyway!) I setup the blog when I was 25 and had approx. $24,000 of debt. At the time, I thought I was ready to get serious about my finances. I thought I was going to start paying down my debt and get my life on track. I also thought I was going to quit drinking on January 1st, 2011. Neither of those things happened. Instead, I went down one more spiral in February, drank away all my savings in eight weeks and deleted the first version of the blog. I wasn’t ready to deal with my reality yet, and I certainly didn’t want readers to know what I was doing to myself and my finances. So, I hit delete and gave up on both goals.
Just a few months later, however, that spiral led me to be maxed out with $28,000 of debt. When you’re maxed out, you have no option but to get serious about your finances, so that’s what I set out to do. I relaunched the blog in June 2011 and announced my first debt repayment plan: I wanted to pay off $7,000 of debt in three months. It was an aggressive goal, and I didn’t quite meet it, but I did pay off $4,500 in that time. I paid off an additional $5,500 in the three months that followed, for a total of $10,000 in six months, and used the momentum (and the heavy weight that was lifted) as motivation to keep going. By the time I hit the one-year mark, I’d paid off a total of $17,000 of debt. And I made my final payment on May 21st, 2013 and have been debt-free ever since.