According to a survey conducted by CreditCard.Com, more than a third of Americans incurred debt over the holiday season. I have always said that you will have more money if you are earning interest on it instead of paying interest to someone else, but I had to learn that lesson the hard way because I left the military after 12 years of service with over $32,000 in credit card debt.

The sad part is that I did not accumulate that debt because of a medical emergency or because I lost a job. I was in the military and my housing was paid for, my food was paid for, the Army provided me with a uniform, and my dental and medical were free.

Readers, if you have scanned through my about page, you may be aware that we are for ever debt free. I also wrote about the techniques by which we are debt free till date. I wanted a guest post with a story telling the journey towards debt freedom. I was fortunate to get a guest post listing 51 ways to get out of debt, this post has been one of my top viewed post. So when Savion offered me this article, I was delighted. I sincerely hope this article inspire readers in debt. Enjoy the post!

When you’ve dug your heels in debt and you’re unable to make regular payments on your multiple bills, don’t you feel that you’re carrying a redwood tree on your shoulders? Your fingers remain crossed while you write checks and you hold on to your breath with each swipe of your credit card only not to see the dreaded faux pas: “declined”!