$79000 in debt paid off and $40K saved thanks to the internet...

January 2008 was the start of a very special year for me....It is the year that I have reduced our debt by $79,000 PLUS saved $40,000.00!

Now we are way on track for saving up to get into our own home in 2009/2010.

But first.,.. a little background...

About 10 years ago my first husband and I separated....I was left literally carrying a lot of debt that I'd co-signed plus a young toddler and a newborn baby.

I was in dire straits and looking back on it now I realise I could have qualified for emergency housing though I didn't do it at that time...

I remember being given food stamps for our supermarket by the Salvation Army and having St Vincents de Paul help me pay our electricity bills at this time before it was cut off. I was also not getting any child support from my first husband.

I didn't have any family of my own as both my parents had passed away and I had no brothers and sisters so I had to face this one head on all alone with no-one to fall back on.

At that time I had around $50,000 in superannuation for my retirement which I was able to cash in under "financial hardship" clauses. I didn't have to do this but I did it so that I could be home with my baby and toddler for her first year and a half....the other option was returning to work.

I'd even inquired about buying an investment property at that time as I did have the superannuation funds but I was rejected as I had no "income".

During this time my car was also repossessed and I can remember only too well walking about 20 kms a week pushing a pram and with my poor toddler walking exhausted alongside me but I knew one day we would get on our feet and I was determined to do that.

And we have....

It's been a very rough ride but the tides have changed and for that we are all very grateful.

Since January 2008 we have reduced our debt to almost nil ($79,000 paid off and the remainder will be paid off in 2009)....plus we've saved $40,000.00 as a deposit towards our home.

This would NEVER have been possible without the internet and the numerous opportunities that it has given me...plus the wonderful friends that I have made.

Last year my husband and kids went looking at new homes for a laugh and we walked into one and we looked at each other and said THIS IS IT!

We did not have the kind of income level at that point of time to do anything other than dream...but dream we did...including taking photos of ourselves looking like we were actually living in the house :O) Though all the while believing that it would always stay a dream.

That house is my mission....and I hope that we will be living in it in the next few years.

I would like to motivate you to keep going....did I mention that I'd given up once before many years ago after earning nothing online?


Look at my background, look at the dire straits I was in - even Joe Vitale was homeless at one stage of his life.

You ALL have it in you to achieve whatever it is you want.

Be determined, be consistent, be persistent and have faith in yourself and the universe that it will be provided for you.

God bless and Merry Christmas to all of you.

Warmly

Colleen
x

PS: A few other things I do is give thanks EVERY SINGLE DAY for my blessings...and whenever I walk past a homeless man I give him many gold coins (sometimes twice a day)...and whenever I see the Salvation Army man on Fridays with his little box I put anything from $20s to $50s in there as a special thank you for the past and for the current...It is important to give as generously as you receive. In fact, for the universe providing me with a wonderful copywriter and friend such as Judy Kettenhofen the "Salvo man" got an extra $50 in thanks...