As of last month my wife and I are practically Debt Free.
I say practically because she still has one outstanding bill in collections and the collection agency isn't willing to meet our offer yet.
She owe's $600 from a douche bag ex who wouldn't pay the bill and she has called offering $300 for them to settle. Their counter was $520 and after escalating it to a Supervisor his counter was $480.
We hung up and will try again every month until they cave.
The other debt I have is my Amazon credit card which I use for some miscellaneous purchases because those purchases give me cash back to use on Amazon thus making a bunch of my extra
My wife, being from the school of Ramsey, isn't excited about my continued use of this card (even though I pay it off, in full, every single month) because "no one ever got rich from their credit card points" but she is willing to accept my use of it as long as I am not getting out of hand with it.
So, barring those two minor items we are debt free and are going to live a debt free life style from here on out.
To that point we just recently got back from a little get away to California where we took a short vacation to celebrate our second anniversary. We paid for this trip entirely in cash from our lodging to our daily trips to the beach, Downtown Disney, Universal City Walk and meals. It was truly a freeing experience to be able to take a vacation and only spend the money we brought. Our vacation did not follow us home and we won't have monthly reminders about what we spent while we were on vacation coming from companies wanting more money and charging us horrible interest rates.
Life is good.
We are now currently saving up for anything we want to do and anything we have plans for. Our current major goal is to get an emergency fund in the bank. We have a goal of 6 months worth of living expenses and then we start saving for a down payment on our house for next year.
And now, the hellion is awake and wants to smack the keyboard and get into stuff, so my time has come to an end....