I must be crazy, right? How could I be happy that we didn’t decrease our debt as much as I’d hoped over the last year?
On Wednesday, as I was adding new materials to the library’s catalog, I took some time to compare the job I’m doing now to the admin assistant position I was doing last year. Both pay the same and have similar benefits. If I’d stayed at the old position, I might have even had a raise in the last year.
Yet being where I am now makes me so much happier. There’s lots of work to do (vs. 4 hours a day where I can comment on blogs), I feel like I’m part of something meaningful (vs. not getting a sense of purpose at work), and I have coworkers who I get along with quite well (vs. only one coworker who was perpetually negative).
Plus, when I look back on the work I was doing until recently, I can see so many places where I’ve developed skills (both technical and practical). I’ve figured out what I want to do in the future. I’ve built up a side business which is now entirely “extra” money that can go to debt repayment and/or savings.
But if I’d stayed at the old job and built up consulting/blogging as I could, I might still be farther ahead financially.
This brings up the question, then, why we choose to get out of debt faster. We didn’t choose it because it’s critical to our survival. We didn’t choose to because someone is forcing us.
We chose to pay off our debt faster because it brings us happiness and peace.
Paying off debt frees up our future.
Paying off debt gets a burden off our minds.
Paying off debt helps us feel more secure.
If I’d chosen to stay at a job that made me miserable even though I had other options, just because I was afraid I wouldn’t be able to pay off the debt faster, then it would nullify all the reasons why we’re paying it off in the first place.
So I’m glad that we didn’t pay off our car last year, like we might have. I’d much rather have the skills, the sense of purpose, and my current work situation. Now that I’ve got a good and steady income, we can recharge the snowball and go from here!
You tell me: Why do you want to get out of debt? Will it open up possibilities for you? Does being in debt make you feel like you’re under a crushing weight?