I recently mentioned that I amazed my debt-free-minded-self after calculating the exact amount of debt we’ve retired. With $10,000 in debt left, I’m sure you might wonder why I call myself a debt free diva. After all, I’m not yet debt free. The answer is simple: As a man thinks in his heart, so is he (borrowed from Proverbs 23:7). Six years ago, WonderMan and I decided that we were no longer comfortable living enslaved to our lenders. Six years ago we started planning our Freedom Party.
Of course, back then we didn’t have it all together. Heck, we’re still learning and making adjustments. Our path from then to now hasn’t been a straight shot. It’s been a winding road of ups and downs, leaps forward and stalls, wins and losses. Our only constant has been keeping the end goal in mind…debt freedom. As we accomplished minor successes, our resolve to reach the goal grew stronger.
What is a Freedom Party? This is the ultimate, cash-funded celebration one is entitled to host once free from debt’s strangle hold. There are no limits on the type of Freedom Party. Host a back yard barbecue; a basement party complete with DJ; a swanky water-front picnic; a quiet celebratory dinner with family and friends; a fantabulous get-a-way. The only rules are: 1) pay cash for the soiree and 2) share your debt freedom journey with those who care to know.
How do you plan a Freedom Party? Implement a debt elimination process. Our Freedom Party plan follows:
I love a good party. What type of Freedom Parties may be in your future?