Being debt free changed my view of everything. It changed in ways that took me time and reflection to really understand. Even though I could feel the change pretty quickly, I took several months to really let everything sink in and to be able to write the changes out on paper.
I still I wouldn’t have absolute financial freedom until I no longer needed to work for someone, but for now this was a huge life upgrade. When I realized I had a more financial freedom than ever before, these are six things that being debt free completely changed for me.
1) I stopped making decisions from a place of fear and necessity.
2) I became less willing to put up with bullshit as I no longer needed to operate from a place of financial disempowerment.
“I don’t want to do that, and since I don’t need the money, I’m not going to do that” Work a holiday. This was actually a problem for me since I still needed a job but felt like I didn’t need to be pushed on at said job.
3) Being debt free increased the speed at which I could complete projects…
…was faster than ever before, because I had the cash-flow needed to buy materials.
4) Minor problems were no longer disasters.
Broken appliances, replacing a water heater, unexpected bills, car repairs – these were not a problem anymore. I now had the ability to pay for these things without worrying how to pay the mortgage or the electric bill.
5) I felt like I was moving forward instead of just maintaining my place in life.
Little stuff like auto repairs I put off got fixed, little details around the house got repaired. I got the door trim and walls painted, door knobs fixed, etc. I was able to finally buy new t-shirts (at a discount store of course), shoes, and underwear. Yeah, I said underwear. No, I didn’t buy used underwear. I also bought some new used tools that allowed me to make and repair other items I had been putting off.
With each opportunity I seized, more and more became available. Will my newly-found cash flow, I realized I could start making more money. I’m not trying to sound like a Rockefeller and I’m not trying to brag. I still had a long way to go financially. This was just my experience of how money started to change.
6) Being debt-free changed many, unexpected areas in my life.
Some areas were growing exponentially, at least initially.
- I got a new home gym (I bought it used, of course) that allowed me to get “healthier” workouts.
- I was able to connect with people over some low-cost activities.
- Opportunities became available to start investing and finding ways to make more money, send that money back into other projects that had been neglected, and speed things up even more. It was like a feedback loop.
- I was able to give back to the people that had helped me along this journey.
- I didn’t feel vulnerable anymore financially. This made me feel strong enough to start helping people close to me, financially and otherwise.
I was able to really launch my healthy, wealthy, and wise philosophy significantly further and at a speed greater than before.
All of this isn’t to brag – quite the opposite. I want to peel back the curtain on the ways your life can be different and reassure you that the journey is worth the payout, because the road is difficult and longer than I’d like.