A laboured metaphor perhaps – but since the prompt today asks what I should have done in 2010, I will honestly say that the only answer to that for me is – “In 2010 I should have gotten out of debt.” And I say that, not because I have a huge amount of debt (we’re talking under $5000 not counting the mortgage)…. but because I really want to get to a place in my life where I have absolutely *no* debt.
Now, if I had be stricter with myself I coulda (there it is again) had no debt by now. But I wasn’t. I ate out, bought clothes and shoes, and a new (2nd hand) vehicle. Built the studio out back because money came in from the Sunshine Coast house to do so (and then we ran a bit over budget and I went into a little more debt to finish).
So, that’s that. I didn’t pay off my personal debt this year even though it was a goal I had – and that really just comes down to discipline and priorities. Will I pay it off next year? I am knocking it down bit by bit and there should also be some money coming in the form of cashed out severance which I may or may not decide to put towards the Visa and the line of credit. It will depend, of course on other financial considerations – so I’m not committing to anything right now. Just that I will keep paying down incrementally, try to keep my book and clothing purchases to a minimum, and continue towards the eventual goal of debt-free. It’s not feeling super imperative at the moment, I guess – even though I know it makes way more sense financially than paying interest – which is why it’s a woulda, coulda, shoulda and not something I actually got done.