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Wednesday, July 21, 2010

Debt sucks

Right after the hubby and I got married, we decided to go into real estate investing. I say "we", but I wouldn't say I was 100% on board. I did what I could, but being socially handicapped there wasn't much I could do.

So nearly eight years later, all six of our rental properties have FINALLY been sold...or was it seven? All I care about is that they're gone. But certainly not forgotten. Since a few of them were owner financed, we had to buy them full out before we could sell them. Needless to say, I think we've learned our lesson for buying rental properties...don't.

Now we sit on our mountain of debt. I figured if we can eat Ramen for the next three years, we'll be able to pay it all down. And hopefully before I'm 40, we'll be living in a REAL house! Debt sucks.

3 comments:

Jessi said...

Oh boy! Debt is no good. Guess I should get queenofcoupons.com up and running again? I haven't bought toothpaste or shampoo since like December! (and even then it was like $1!)

Heather said...

Ya, I need some coupon inspiration. I've been working on our budget for the last 2 hours!

Unknown said...

Debt is our country's way of live. Save now cause baby it is raining.

Sara
https://www.momentsofelegance.com