I've been cleaning out files today. That was supposed to make me feel good. It didn't.
I came across old copies of our credit reports and sat down to see what our debt was back then. Aside from the mortgage, we had balances on three credit cards totaling just over $31,000. As we've been on this journey to rid ourselves of debt for about two years and still have $100,000 in credit card debt, I knew these credit reports were really old.
I was wrong. They're from October 2006.
That means we racked up most of our debt in a period of four years. I'm stunned. I've been sitting here trying to figure out how that happened. There was no job loss. We didn't go on any big spending sprees. And then it hit me. College. That was when DD started college. A private college. An expensive one. Her brother followed a couple years later - after getting his driver's license and tripling our insurance costs. I don't blame college for all of our mess. We have a disabled child with outrageous medical expenses. We have taken some trips we probably shouldn't have (but don't necessarily regret).
We just didn't pay attention.
I can't believe that I'm still shocked by our stupidity at this point in the game, but I am.
Wow. Just wow. Stupid adds up fast.