Debt FREE at last! Debt FREE at last! Thank God Almighty, I’m debt FREE at last!
Lincoln Adams | July 4, 2009 @ 2:40 amIn the due course of history, a man is empowered with the capacity for life and liberty when he is financially beholden to neither men nor entities. These truths are self evident in their own right, that without freedom from debts and liabilities men are deprived in the profoundest of ways from pursuing that which would ensure their happiness and well being. It is hereto realized and understood the egregious deception by which principalities have sought to strip us of the very power that has been so rightly bestowed to us by our Divine Creator.
Acknowledging then the oppressive currents of those who have entrusted themselves to the cause of evil, I hereby declare my free and total financial independence, with a firm reliance on the protection of divine Providence to utilize these newfound freedoms for the noble cause of truth, justice, and charity.
In other words, I paid off my school loan.

That concludes the triple play of payments I’ve been making to get myself completely out of debt, starting with my credit card (which went as high as $8,000), then my car loan, and finally my college loan, which had been a boil on my boom booms for 11 years.
It couldn’t have come at a better time either. The VERY day I made my last payment on my school loan, my job started a 6 month period where I have to work two days a month without getting paid, a concession my union made because they’re a bunch of spineless baboon heads that are only good to take my money so they can organize picnics I never get invited to.
But anyway, regardless of that temporary cut back, the world is my oyster now, and that my friend is truly a miracle. Not too long ago I was $20,000 or more in debt, and now it’s all but gone. This is the LORD’s doing, and it is marvelous before our eyes.
From here on out, I can just keep on saving until I build myself a decent nest egg and use that to go back to school for a masters, buy a new car, and/or put a down payment for a nice house in another state (some place very, very far away from New York). I’m not sure exactly what I’ll do by then, but one thing I do know is that I will NEVER, EVER (with the possible exception of a mortgage), go into debt again. The feeling of owing money to whomever was to me the worst feeling in the world, and I thank God for this tremendous gift of financial freedom, given to me on the 4th of July, of all days. From now on I will be the head, and not the tail, and I will lend to many nations, but I will not borrow thereof. 
And now if you’ll excuse me, I need to go collapse into bed for some well deserved rest, then get ready for muchos BBQ food, fireworks and good times. 
Happy Independence Day!
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Tags: car loan, college loan, credit card, debt, debts, financial, financial freedom, gift, God, independence, independence day, job, liberty, lord, money, world is my oyster
Categories: Lincoln's Personal Log
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6 Responses to “Debt FREE at last! Debt FREE at last! Thank God Almighty, I’m debt FREE at last!”
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Yay! That’s awesome, congratulations! I can’t wait until I can say the exact same thing. Well, except for the moving far away from New York part… I’m already far away.
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Congratulations on major accomplishments! I myself will be done with my school loan by the end of the year (YAY!! after over 10 years of payments. My car is paid for, no credit card debt and no other debts so I will be equally free – but I live in the fabulous state of North Carolina and love it very much
Hooray for you! 
Independence Day has great meaning for you! Hopefully more of the country can follow the same path as it has been our debt-saddled society that puts things in the mess they are in currently.
Congratulations again!
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Congratulations, Linc! I am anxiously awaiting the day that I’ll no longer be a slave to debt. I’ve been working on my Total Money Makeover for a year and still have quite a ways to go. *sigh* But it is encouraging to see you get there! I’ll let you know when I do the same!
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Brilliant!
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Congrats!
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Thanks all, what a relief this is for me, especially in today’s toxic economy. As soon as I resolved to pay off everything, I was a man on a mission.
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