by Hope
When I first started blogging here, I had a couple of thousand in debt from Dell where I purchase my work computers and have always had a line of credit. While I paid off that credit some time ago, I have not closed the line of credit. (It’s one of my older accounts so looks good on the credit report.)
Unfortunately, my work computer which is 5-6 years old is now beginning to show signs of failing, and seeing as I am on it 8-10 hours a day and it is my sole source of income…well, for it to fail would be pretty bad all the way around.
In the past, I would feel okay because I know that line of credit is there and I can easily get a new computer with a day or two. (The kids have computers so I could confiscate one of them for a day or two to stay afloat.)
BUT…now it’s different. Now I have savings. And I’m not talking about my personal EF savings. I’m talking about money I have budgeted within my business for equipment. And I am so freaking proud of myself.
I am hoping and praying this computer will last through the first quarter of next year. But it is so nice to know that if it doesn’t I’ve got it covered WITHOUT having to go back into debt. It truly is these little wins that just make me feel good about how far I have come.
(I always have my important files backed up; so thankfully, that isn’t a concern. A computer crashing is a pain, but losing documents would be catastrophic.)
Raising my glass of sweet tea to myself tonight as I pat myself on the back for where I am right now. But still dreading the idea of having to buy a new computer and deplete that savings account. But feeling really good about having it. Do you have a financial victory to share today?
Hope is a creative, solutions-focused business manager helping clients grow their business and work more efficiently by leveraging expertise in project management, digital marketing, & tech solutions. She’s recently become an empty nester as her 5 foster/adoptive kids have spread their wings. She lives with her 5 dogs in a small town in NE Georgia and prefers the mountains to the beaches any day. She struggles with the travel bug and is doing her best to help each of her kids as their finish schooling and become independent (but it’s hard!) She has run her own consulting company for almost twenty years! Hope began sharing her journey with the BAD community in the Spring of 2015 and feels like she has finally in a place to really focus on making wise financial decisions.
Another pointless post from Hope. I’m afraid this blog has run it’s course…there’s nothing close to “blogging away debt” going on here.
I’m not sure why this is pointless. The point is that I have really grown and I will not being going back into debt for what could be catastrophic for me. I am better prepared then ever before.
Janet, I don’t see why you feel the need to make pointless jabs at Hope’s expense–perhaps you didn’t realize how harshly your comment would come across to strangers.
Hope has made enormous strides to be in a safe position where a predictable expense isn’t a potentially income threatening emergency. She’s got EVERY right to be proud of this moment.
If you genuinely don’t feel there’s anything here of value to you (the blog is free–and the bloggers put their lives on display for your entertainment) then perhaps you should seek out something else to read.
I hope people offer you more grace in your life than you showed to Hope in this comment.
Hope, I don’t see this post as pointless at all. You have come a long way if we take the time to look back at your beginning here. It is great that you have also applied saving to your business as well and can afford to update your computer without going into debt.