Somehow our story is #94 in Credit Card Lowdown‘s 100 most inspirational personal finance turnaround stories online.
While I appreciate the accolade, I’m not sure if we deserve to be called inspirational quite yet. After all, we’ve went a little off track on the debt end of things. I started the site in early ’05 with $21k in debt; as of this month, we’re sitting on 107k worth.
Debt-wise, at least, a 410% increase over a couple year really isn’t much of a track record…
Then again, every bit of that debt was tied up in the purchase and renovation of our new (to us) house, which we are most definitely motivated to clean up as soon as possible. So 100k on a home — probably not the worst debt to have taken on.
But a radically new view of debt than the one held a couple years ago?
Well what do you know, maybe that is inspirational…