debt debs

Personal Debt Wrangler – Had my money head in the sand – but no more!

Worth it Wednesday ~ Dear Debt Letter


debt debs ransom-note-dear-debt

Debt sent me a ransom note … I’m so ignoring him

Worth-it-Wednesday is here a little early because Melanie at enticed me to write my debt breakup letter.  It is such a great idea but as I started to write, I found Debt was sitting on my shoulder watching every word I typed.  In usual fashion he decided to chime in.  Go on over and check out what I and he had to say.  He’s a gnarly little fellow.  So here is me, writing my taking back my life letter, and this is how it went … Dear Debt …

In other news….Nutcracker by artur84 from

DD#3_targetsMy #3 daughter gave me the best Mum’s day present on Sunday when she told me her student debt from her Masters degree was all paid off!   About a year ago we sat down and did a Gail Vaz-Oxlade analysis on her expenses to see if it fit into Gail’s guidelines for Housing – Transportation – Life – Debt – Savings of 35% – 15% – 25% – 15% – 10%.    Now, she did have more than could be paid off in a year but she received a very sizable income tax refund so was able to completely extinguish it this weekend.  I was so happy!! 

I didn’t know how serious she was taking it from when we last talked about it and I don’t like to nag.  Well, more honestly, I was probably afraid of being disappointed, so in usual fashion I buried my head in the sand.  (Hey, it’s her debt, not mine!  … even though I did feel partly responsible for not setting a better example on how to handle money.)  She used to be a bit spendy and she likes to travel.  Plus, her once famous quote “I’ll always be in debt” used to make me cringe, so I figured she was going to be a hard nut to crack.

Look the nut is cracked open into a heart shape ... ahhhh!

Look the nut is cracked open into a heart shape … ahhhh!

But I guess Mum’s persuasion and some new found frugalness on her part was just what was needed to crack that nut open.  She thanked me because she said I helped her to see it was possible to eliminate her debt.   :)   I guess I can really move on from my guilt trip now.  Heeee …

Image Credits from
Nutcracker by artur84
Walnuts In Love by Aleksa D



Author: debster

I am a fifty-something wife, mother and new grandmother, who admits to having their “head in the sand” about their financial situation until amassing $247,500 worth of consumer debt for a total debt of $393,500. We've paid $121K in 2 years with four more years to go. Join my journey at sharing ideas and motivation to all those coping with poor money management and bad debt decisions.

24 thoughts on “Worth it Wednesday ~ Dear Debt Letter

  1. That’s amazing! You def became a great example by sitting down with her and showing her how it was possible to pay it off. Congratulations to your daughter for sticking to the plan!

    • Thank you, Maria. She did it and I am one proud, Mama! Not just for paying off her debt but for getting her Master’s in Health Science too! She’s a nurse and a real go getter! :-D

  2. I wish my mum would have sat me down a few years back and went through my finances with me. If she did perhaps I’d be debt free by now. Perhaps? Hmmm… The funny thing is I feel I need to sit her down and talk through hers.

    • You know what, DBC, you can so do that and help your Mum. I read about a number of PF bloggers helping their parents. She may not appreciate it at first, but if you do in baby steps. Sometimes it is frustrating and makes us sad when we try to help family members and they don’t follow our advice. I’m experiencing that at the moment too with my sis. But if you need my help with anything, spreadsheets, tips, I’d be more than happy to help you out. Just send me an email at debt.debs gmail com.

  3. That is awesome, congrats to her! My mom was always big on telling me to budget, even though I already was. When I first moved out she kept making sure we could afford it. I think she wanted to make sure I didn’t end up worse off. Regarding the comments – I’ve been helping my parents sort out their expenses and whatnot since they’ve entered retirement. They are on a fixed income now, so it’s important that they don’t go overboard. They’re still paying off debt, but we’ve discussed plans for them to pay it off. They appreciate it, but I know everyone is different.

    • Thank you EM! I was thinking of you when I commented to DBC, about how you’re helping your folks. Also Addison @ is as well. I guess the bottom line is some do appreciate it and some don’t (seem to). I know my sis appreciates it but it just drives me nuts that she doesn’t seem to take it seriously enough and I really worry about their finances but I need to let it go, as hubster says, but easier said than done!

  4. SO exciting about your daughter’s loans! I am sure that it was your newfound frugalness that was the extra push that sent her over the top and what a huge accomplishment for her and you as her mom!

  5. Sounds like you set a great example for her by having that talk and analyzing her numbers, great job Debs! Now to get your debts paid off… :)

  6. Congrats to your daughter! That is awesome :)

  7. What a great Mother’s Day gift! Congratulations to her! Way to go setting the family in a new direction!

  8. How awesome! I agree with Shoeaholicnomore, it sounds like you’re setting a great example by helping her out and analyzing numbers! I think that news makes for a very happy Mother’s Day! Congrats to your daughter!! Way to use that windfall in a responsible way. :) :)

    • Thank you for your kind words. Funny thing is that she recently got back from Haiti on a humanitarian mission (she’s a nurse) and said she wanted to go on another tirp somewhere soon. I said she couldn’t afford it since she paid for her own way to Haiti. She came back a few days later and said I was right. Then to get this great news is the icing on the cake!

  9. That sounds like it is worth it! I remember my Mom calling me after I had paid off one of my student loans because she got a letter in the mail, such a great feeling.

  10. This just shows our kids do really take it in. Modeling of the right behaviors is the most powerful tool for creating change in a person’s life.

  11. That is one awesome accomplishment for your daughter! Good for her, and great for you. You get to brag as the proud mother :)

  12. Pingback: Family Matters – How Does Your Family Treat Money and Debt? | debt debs