I’m appreciating more and more that I can voice my own opinion via my blog, but have learned that on other forums it’s just better to remain silent and smile. Last night was the perfect example.

On a fabulous Facebook page of Dave Ramsey followers, there is this constant disagreement on whether it’s best to use pre-paid phones or pay a monthly fee. Specifically, the comment was, “Trying to understand why people still use major branded cell phone carriers instead of cheaper prepaid services”. Silly me. I thought it was an actual question so offered my expert opinion of why I chose to spend my money on whatever  I wanted in the past, regardless of what other people thought. Free will. That doesn’t make it right or wrong, it just means it “is what it is”.


Each time this topic comes up, I voice my honest opinion. “I can purchase whatever phone and service I desire, as long as I budget it in and pay CASH for it. If I choose to pay more for it than someone else is willing to do, so be it. The price of anything (IMHO) is whatever someone is willing to pay for it. I personally think In N Out Cheeseburgers are worth a lot more than what they cost, simply because I LOVE cheeseburgers. A vegetarian would probably disagree, but we both have choices.

When I was in debt, nothing anyone said could stop me from purchasing whatever I wanted. It didn’t matter how much research they completed, how many experts were readily available to tell me why it wasn’t a good idea, how many graphs and charts could be provided to teach me otherwise, and if I didn’t know you, odds are even higher that I wasn’t going to be interested in what you had to say. This is my expert advice, coming from the free spirit that I was (and still am in my heart even though I am debt free).

Someone took offense with my answer, stating “Personal choice is what gets a lot of people into trouble. Some also refer to it as living outside one’s means. I would hope that anyone’s personal choice is to do whatever they can do live as simply and as inexpensively as possible”. That comment was interesting to me, and I also think there is a bounty on my head today from voicing my opinion!


If someone told me my debt free goal HAD TO BE living as simply and inexpensively as possible, I would have never been motivated to start the journey. As a free spirit, I think that train of thought is one of the reasons people are afraid to make a budget and journey down the road to financial freedom. It represents not having any fun and implies you can only purchase things you need, not simply want in the future. Oh, and they also need to be inexpensive because that should be my goal. Things that make you go hmmmmm……

My reality is different. My goal of becoming debt free wasn’t so I could live as inexpensively as possible (although there’s nothing wrong with that!). I googled reasons to get out of debt just to see if living as inexpensively as possible was on one of them, and didn’t find it.

However, these 25 reasons of getting out of debt resonate with me:

  1. It will free up your household income
  2. More money to invest in your retirement accounts
  3. Less stress in your life
  4. No chance of becoming upside down on a loan
  5. Greatly reduces the risk in your life
  6. Helps improve and maintain healthy relationships with your spouse, family, and friends
  7. It puts you in a better position to give with abundance
  8. The feeling of owning a car or a house outright is awesome
  9. You will work harder at your career
  10. You will be more motivated to make more income
  11. You won’t feel like you’re running in a hamster wheel.
  12. It will free up your thoughts
  13. Improves your credit score, which could lower your insurance premiums
  14. Improves your credit score, which could help you land your dream job.
  15. Motivates you to work towards your dream career.
  16. Improves your marriage.
  17. Improves your health. Less stress equals a healthier body.
  18. It will free up more income to help you save for your children’s future
  19. Allows you to help friends and family get out of debt
  20. It will free up money to put towards the home improvements you’ve dreamed about
  21. You’ll be a happier person, and people will like you more.
  22. You can finally take control of your financial life
  23. More time and money to devote to your favorite hobby
  24. Unfortunate events won’t ruin your financial and personal life.
  25. You can teach your children how to stay debt free

    The next time the cellphone topic comes up, I will just keep my opinion to myself. This post doesn’t mean I use credit cards (I don’t and never will again, it’s been eight years now), or will ever lease or finance phones or cars (paid cash for both on my last purchases and will NEVER finance anything again simply because it’s a waste of my hard-earned money). It just means that I’ve learned the difference between want versus need, and now that I am debt free I have the luxury of spending a little more on something I WANT, as long as I pay cash for it. Oh, and when I take my next all cash trip to Maui, I won’t opt for the most inexpensive room I can find. There will be luxury involved, within my budget that I will pay cash for. I’ve earned the right to have some things just because I want as well as have the money for them. I think Dave Ramsey would agree with me!


6 thoughts on “Bounty:

  1. I personally is not a fan of debt but would not look down unto people who WANT to savour their hard earned money and splurge themselves on the things that they can AFFORD. Most people don’t understand the difference though. Whenevet you splurge on there will always be naysayers.

    Liked by 1 person

  2. Kathy Bewley says:

    The point of becoming debt free is learning to discipline yourself and control and budget your money. With that comes the freedom to spend as you wish. Planning and budgeting for vacations is different than just going and blowing money on junk that you buy impulsively while on vacation. I just came back from a planned and budgeted vacation. I always buy my plane tickets on a credit card. Early. I pay that off before the trip. I take one credit card that has a low limit on it for planned purchases. I discussed with my daughter what we would want to buy and bring back to remember the trip. We brought back 2 souvenirs: a windchime (me) and a replica of the cruise ship we were on. (her). I take an amount of cash with me for tips. We bring snacks from home and reading material for the travel, but succumb to the ridiculous price of bottled water we will buy at the airport. That’s a necessity for me due to my health conditions. In everyday life, I only buy clothes on sale or clearance. I purchase with a coupon only if the value is worth it over the store brand. I wait for the best time of year to buy items…I.e. January is bedding towels and sheets…I sign up for loyalty and point programs, and brought my daughter home from New York for the round trip plane cost of $12.00…Which was cheaper than boarding my dog for a week! If I really want something, I look at it and then wait a week or two…It might be marked down. But being debt free means you have the power to make choices for what works best for YOU. There are some things that are just no brainers…And the journey should bring you joy, not servitude.

    Liked by 1 person

    • I appreciate you taking the time to read and comment! My initial thought was that I need to get some travel tips from you, what an AWESOME job! You water comment reminded me of the first cruise I took, and SHOCK that water costs so much! For each consecutive cruise, I had a suitcase filled with water and snacks, lol…Love this part, “The point of becoming debt free is learning to discipline yourself and control and budget your money”!…Also, agree with the servitude comment and was shocked by her views. While I have my own beliefs about debt, I don’t spend my time trying to force other people into following my program, nor do I think I know what is best for someone else. I know what worked for me, and understand that people have a free will so I am not trying to beat them over the head with my personal opinion. I do ask for opinions when needed because I want to make an informed decision, but in the end, I still do what’s best for me. Fortunately what worked for me was following Dave’s program, but not to the extreme level of other’s I’ve seen!


      • Kathy Bewley says:

        Right. Everyone has their own preferences. Whereas some don’t mind buying the “store brand,” others may have tried that and it didn’t work for them. So, debt free is about CHOICE and having the freedom to choose. If I can use my credit card today because I will get points to use later, the sale is over tomorrow, and I have a coupon expiring, but I KNOW that I will pay it off before I have to pay interest, why wouldn’t I? Credit cards and cash are just tools. Use the right tools for the job, consult a professional, make a decision, and don’t feel guilty about your choice. Overcome the emotions that are attached to the tools.

        Liked by 1 person

      • The one thing I no longer have is guilt since I pay cash for everything. Funny how even with paying cash for things, people still complain about what I’m doing. I’m a free thinker, however. I found her comment interesting, but no other concerns at all about my choice.


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