My DH and I both retired early to take care of parents, quitting before we were eligible for Social Security. I had a great retirement package as a public school teacher, but my hubby really just quit. Mind you, we're not wealthy people. But I had been working toward retirement for many years, always saving any pay raises I got, and purposefully living below our means, paying off credit cards in full each month and limiting our debt as much as possible. Now, we have DH's SS, and this next year I will be eligible for it, too. I've since inherited my Daddy's estate, part of which we gave to our daughters, so we could enjoy seeing them make good use of it. But there's a good bit in the bank right now, waiting for us to decide how to best invest it for future growth.
Am I bragging? Well, maybe, but really I'm just stating the facts, Ma'am, just the facts.
So, it's been really interesting to listen to the Dave Ramsey show on the radio every morning, as we were living the debt free lifestyle long before we ever heard of his Financial Peace ideas. I can testify that it does pay off.
We both owe our frugal ways to the upbringing of our parents, products of the Great Depression. Fortunately, unlike so many couples, who have succumbed to easily obtained credit cards, payday loans, car title loans, and sub prime mortgages, we always strove to stay out of debt. When we did find it necessary to use credit, we were careful to get the best interest rates and pay everything off just as quickly as possible. We also tithed through almost all our married years, although there were a few times when we didn't - something I'm not the least proud of. That good stewardship of our money left us financially able to quit our jobs and take care of our loved ones. We are both very grateful for that, and wouldn't have had it any other way.
So, if you are one of the many who is carrying a load of credit debt, I would urge you to spend some time listening to the Dave Ramsey show, reading his books, or exploring his website. If you weren't fortunate enough to have had prudent teaching from your parents about how to live within your means, or you just didn't follow their good example, then he may be able to help you live better than you deserve, too.