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March 25th, 2010 at 06:05 pm

One year ago, I was over $25,000 in debt, primarily from a vetrinary surgery I wish I hadn't paid for (the dog died anyway) and extremely foolish car repair for a vehicle I no longer have.

A year later, I am down to $12,500 total debt and a credit score in the upper 700's. Extra work, hard work, and giving up most of my personal belongings got me out of trouble.

I am focused 100% of my finances at this point in my life. Nothing else matters right now. Nothing else can matter. I am already middle aged and have very little to show for my life. So right now, the focus is building my bank account up.

I have no one to help me and I believe strongly that people need to make their own life. Alone.

You can't count on anyone to help you financially in life but yourself.

I think there was a time when I was younger that I thought my wealthy parents would help me. Well, they bought my younger brother a house, car, remodeling, home theater etc. and lavish him with expensive gifts. I am given nothing. Reality hit hard a few years ago that I would not get the same treatment as my brother and I began really focusing on making my own way.

There was a time I thought one day I'd get married and two incomes would be better than one. But it turned out, when I got engaged, that was anything but true and I was looking at not only supporting myself, but supporting another person on my income as well. It hurt like hell, but I decided to be logical and hold off.

You can not count on anyone.

I will never turn to the government to assist me either. For the rest of my life, money and security will be my main focus and I have never been happier. I feel like I am on the right path.

$12,500 on a personal loan that will be gone in 2 years and I am currently able to save close to $1000 a month. Someday, I hope to be able to move to a cheaper area and buy a house with mostly cash.

As my debt and savings go up, I will update here and tell how I did it.

5 Responses to “History”

  1. wowitsawonderfullife Says:

    Welcome BlackDiamond! I look forward to reading your entries. Don't be to hard on stupid people (as you noted in your "about me" section). Most of us on SA have made really stupid decisions at some point and are learning from each other on how to make it better!

  2. M E 2 Says:

    First off, welcome to SA. Lots of awsome folks around here.

    Secondly, ummmmm, no offense, honest, but since when is 33 middle aged?

  3. blackdiamond Says:

    LOL, I've made some stupid decisions too (going thousands into debt to buy surgery for a dog comes to mind). Everyone does the occasional stupid thing.

    When I say stupid I mean like chronically stupid...ie. people who have 5 kids while on welfare or people who use their 401K like a bank account and withdraw it every few years etc.

    I consider mid 30's to mid 50's to be "middle aged". That is what I was taught. I actually kind of thought everyone called that middled aged?

  4. LittleMsMom Says:

    Ohh Man, I am middle aged?!

    Never thought about it since the females in my family live into their 90's so middle age was 45 (But there is my faulty math). I guess to me middle age is 35-55; so I am going to deny it for 2 more years.

    Welcome to the Blogs. I would love to hear more! I can say I have made my share of stupid mistakes and am currently working on fixing them in the most positive way.

  5. Ima saver Says:

    Welcome, glad you have joined us. I am curious?? Why do you call yourself Black Diamond!??

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