Last month, I paid off all my credit cards’ outstanding balances. When I checked my SOAs for the month, it’s so refreshing to see my bills devoid of the usual finance charges. After many years, no more extra charges to pay for my credit card bills. I finally did it! Woohoo!

Having said that, I am not yet totally debt-free. Aside from the monthly installment fees I still have to pay for some gadgets, I am still swiping my darn plastics for my family’s needs. I don’t think I’d be able to do away with my remaining credit cards anytime soon; it will come in handy whenever emergency arises.

When I paid off my current bills yesterday, I still shelled out a good amount of money. But without the finance charges to worry about, it felt very liberating. Being able to settle my debts in full every month is sure one tough act, but at least I get consolation from knowing I’m only paying for the amount I charged the previous month, and that I’m not getting myself poorer for making credit card companies richer by the day.