Friday, April 04, 2008

Sallie Mae - Kicked to the Curb

Sallie Mae, we've had a little less than 12 year relationship. And I must say, it was not what I imagined. Nor can I say it was worth it. But the good news is you have officially been kicked to the curb. You are HISTORY, baby! As of 8:24 am CST you are but a memory. And to that I say a loud,

"PRAISE GOD from whom ALL blessing flow!"

William and I have been waiting for this day. We are (with the exception of our mortgage - but one day that too, God-willing, will be gone!) DEBT FREE!!!!!!!!

We are now on to Destination Four on the Money Map, the road to true financial freedom, which focuses on saving for future purchases (like a new fence and other biggies!!!)

To our kiddos, here are a few lessons we've learned along the way:

1- Stay FAR, FAR , FAR away from debt. Indeed, "The borrower is servant to the lender." (Proverbs 22:7 NIV)

2- If you use credit, pay it off IMMEDIATELY and in FULL. "Keep out of debt and owe no man anything." (Romans 13:8 Amplified)

3- Save, save, save so that when (not IF) trouble comes, you can provide for your household AND others. "The wise have wealth and luxury, but fools spend whatever they get." (Proverbs 21:20 NLT)

And 4- Stay clear of Sallie Mae! She knows how to really stick it to ya!

2 comments:

andrea_jennine said...

Oh, that Ms. Mae is so clingy. Way to go on getting rid of her! We hope to do so soon ourselves. Praise God!

merrills said...

YAY Whitneys!! Isn't it amazing the financial journey you all have been on??? How inspiring and faith-building it has been to watch from the outside. Thanks for letting us be a part of your lives!