Are you sitting down? Are you sure?!
For the first time in over 15 years, yours truly is 100% debt free! Yes, you read it right, debt free!
I can’t even tell you have good it feels to be out from under my debt load. I came close once about 10 years ago but this time I made it all the way. I had to sell the land my dad left me to do it,1 but I finally did it. Back when I got close last time, I said I wouldn’t get into debt again. Well, easier said than done. I got way behind for a variety of very valid reasons. I say valid to clarify I wasn’t going on shopping sprees.
I mentioned a while back I got a consolidation loan from my credit union. That helped on the interest a lot, but I still wanted out of it. My brother reached out to me at just the right time to inquire if I’d be willing to sell my share of the land to his son. Fast forward, a few months and the paperwork is complete, money transferred, and my bills are all paid off.
But wait! There’s more! I also recently caught up on 6 years of back income taxes. And, I’m getting money back! I know, I know, your saying "Moby, how the hell did you get behind 6 years of IRS taxes?" Well, it is a long story and we can save that nut and crack it open on a rainy day. I also procrastinated the last couple years more than anything. I was afraid I’d get hammered and so kept putting it off. I didn’t want Shawn to be tied to anything like that in the future so I finally bit the bullet and booked an appointment to get the bad news. I went to a local H&R Block office prepared for the worst. I just knew I was gonna walk out owing thousands of dollars. It didn’t help that a series of errors had already delayed the appointment several times.2 I was beginning to worry even more as if the universe was sending me a signal.
Let me just tell you Jim from H&R Block really saved my bacon! He wasn’t judgy or rude. He was actually an absolute dream to deal with and put me at ease almost immediately. He said it happens a lot and I shouldn’t beat myself up over it. He then spent the next 3 1/2 hours helping me find deductions I didn’t realize I could deduct. They really do try to get you a refund. lol We had a lot of time to chit chat and I discovered he’d been doing taxes for H&R Block for just over 30 years. (Actually, all 3 of the tax preparers were all easily in their 60’s). He went thru each return methodically and never once made me feel like I was wasting his time.
Even after forking over a hefty payment, I’m getting a nice fat check back! (Six years, state and federal, 12 returns) I walked out emotionally exhausted. lol Needless to say, I’ll be booking with Jim for my 2015 taxes. The down side is I’ll get hit hard for cash I got from the land sale. Luckily, I work in a job where I can just crank out some overtime practically whenever I want. (We are always short staffed)
Annyyyyyway, I can’t express the absolute joy in being debt free. Now maybe I cant start putting money toward my future. (And hopefully a home)