Tuesday, February 10, 2015

What are some ways that you stay out of debt?

Last year I inherited a lump sum of money from my grandmother. We paid off our mortgage, and our outstanding debts. We have about $13,000 left. We've closed all of our credit cards accounts, store cards, and lines of credit.

I also canceled our cable, contract phones (went with prepaid), and we sold three of our older vehicles. We sold our camper and all of our outdoor sports vehicles (water skis & atvs). Now we're in the process of weeding through 2 storage units, a fully packed garage, and an attic full of inherited items.

Now that you know all of this. What are vests that you stay out of debt?
Added (1). We have been saving for retirement.

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