I challenge you to a, well a Challenge!

March 21, 2010

General George S. Patton once said “Accept the challenges so that you may feel the exhilaration of victory.” In the spirit of victory, I am extending a challenge to you and to myself. From here on out, I will have a monthly challenge as well as smaller, weekly challenges. Please feel free to post your results in the comments section. During the following week, I will make a post with everyone’s results.

Your first challenge is one I have already done but I’m going to take it one step further for myself. For you, I challenge you to find out EXACTLY how much debt you currently have. You do not have to post the amount, just post your reaction to the amount. Is it more than you expected? Maybe less? What are your feelings to the number you are seeing?

I’ve done the math already, it’s posted to the right of this page. For me, it was staggering initially. Now that I’ve broken it down a bit I feel like I can accomplish this. Where as a week ago, I was feeling very overwhelmed and ready to throw in the towel. Today, I feel like I’m able to peek my head out of this hole and look at what that debt free life looks like.

The Challenge for this week for me is to make arrangements with each of my creditors to pay them. I have already accomplished this with one of my cards and it’s given me hope that I can do so with the rest of them.

I will post a monthly challenge for April one week from today.

Have a great week.


2 Responses to I challenge you to a, well a Challenge!

  1. Anonymous on March 22, 2010 at 1:26 am

    I'm taking on the challenge! Hubby and I are discussing mortgage, debt, and bankruptcy. Selling our first home then moving into a rental. It will be tough for those figures to hit me in the face, but it will be part of what I must do as I foresee leaving my job in the next year to pursue my educational goals.
    Thanks for helping us face those demons!


  2. Beckye on March 22, 2010 at 8:22 am

    Jeff has our debt mapped out in excell 3 different ways. Basically my salary goes to paying of debt. I would need to make over 50k to get us debt free this yr.



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