As a freshman in college in 1989, I participated in one of the many rites of passage for those leaving home for the first time: I applied for my first credit card. I received the card shortly before Christmas that year, if I remember correctly. To go along with that awesome feat, I went almost immediately into debt. For whatever reason, I can even tell you what my first purchase was:
And if I went back to Iowa City, I could probably even point out the building that the music store those CDs were purchased was in. Hell, it's a college town, the store may just still be there. About the only place an independent store like that could still survive.
But that's neither here nor there. My point is, the day prior to that purchase, over nineteen years ago, was the last day I was free of credit card debt. Sometimes it was only a small amount. Often it was not. But it was always there.
Thanks Matt! Thanks Dennis! And thanks eBay for the big ol' direct deposit!
Ideas can be life-changing. Sometimes all you need to open the door is just one more good idea. -- Jim Rohn