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RE: I became debt free in December, 2020

in LeoFinance3 years ago

Wow, congratulations. This is really a great feeling. I have been into debt for the past 5 years. Last year when I got married, I took a big loan and it would take at least 3 more years for me to complete it.

In addition to the loan I already had, I had to do a top-up on that to bear the covid medical expenses as well for the family. 2020 had been the worst year in that perspective. I still have around 10 lakh to be cleared.

Yeah becoming debt-free is a great feeling. I'm looking forward to having that feeling soon. I think only then I will be able to make some peaceful spending and investments.

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Thanks, man. yes, it is a great feeling but the only thing is I have t be extra careful now to not get into debt again. Yes, I guess I have reduced the spending and investment to be debt-free but along with that I have kept emergency fund so that I don't have to take a loan again.