A new mindset.

We are now very scrupulous with our finances. After almost two decades of reckless spending we are finally debt free aside from our student loans and mortgage. These are the last debts that hope to every have. Last week we paid off the last of what were about $25,000 in various debts. I can't wait to see what impact this has on our credit score which is already very good. We have now closed all but one of our credit card accounts and have had the limit lowered intentionally to prevent overuse. I realize that there are many people who pay off debts only to accumulate more debt. It seems that some people never learn from their mistakes. I believe that we truly have and to help us control our spending we have implemented a ton of frugal tactics and controls. Carrying debt at the levels that we were was a burden I never hope to experience again. My goal now is to show our children a different way of thinking about spending that I only wish I had adopted much earlier in life.