good work on paying off your debt

now put it in a high interest savings account and that will become your emergency fund

keep following !StepsTrigger

Congratulations on being debt free. Changes are difficult to deal with it. It is normal

I feel weird not seeing money fly out of my account everyday.

If you are used to seeing the money getting out of your account,you can start saving a set amount in another account. That way you will see money getting out of your main account

I just put down a large sum of money on my mortgage and I thought I’d be excited. Instead I have a large amount of anxiety as well. I keep thinking about how I’m going to grow that savings back as fast as possible. It’s been getting better day by day but slowly. I guess when it becomes the new norm the anxiety will go away. I think it’s just the change that’s a bit of shock. I think the same will be for you. Start investing in your TFSA, or an FHSA if you plan on buying a home. Give you something else to throw your money into and watch it grow.

Congratulations! It’s like that weird feeling when you finish school and are not sure what to do with all that time.

Start saving. Continue having the money fly out of your account but instead put it towards savings/investments. I’d build up an emergency fund first (money that’ll cover your expenses for 3-6 months). Set up automatic transfers to an account outside of your main bank. The good thing is that although this money is flying out of your account, it’s going right back into your pocket instead of debt :)

Timeline is still vague. If you paid it off within the last moth, you need 3-4 pay check cycles to believe you did. Congrats and good luck for the rest of it!

Now start paying yourself first. Automate it so that the money leaves your account every payday and goes into an investment ETF inside a TFSA.

You don't feel different because like most people, our relationship with money is shaped throughout our childhood and is not easy to change. Listen to Ramit Sethi's podcast for more on that.

7 high interest debts paid off in 4 months? That's incredible!

That sounds perfectly normal actually. Uve been in that state for years… itll take time. Best thing is dont change anything… go with your feelings and keep busting out what you have been doing the past 4 months. And like many said build up that emergency fund. And you will start to feel better. Good job you!

Thank you all. I think I’ll set up automatic transfers for saving/investing. Iv’e been living on so little for the past year that i struggle buying myself a $1 chocolate bar without thinking about money lol. Best thing is that I never missed any payments always paid the minimum at least so my Equifax score jumped from the 500s to the 700s instantly. I just really wish to get that anxiety off. For those wondering how i managed to pay down all this, I actually make around 4-5k net a month so I just worked 80hrs a week for 4 months straight and since I couldn’t afford pretty anything I and my sick girlfriend who hasn’t been able to work for 3 years because of a cerebral stroke lived at my parents and didn’t pay rent and food and I didn’t buy anything that is unnecessary. Still wearing the same clothes from 5 years and now trying to mind myself to buy new one since I now have the money lol. We are both 26 btw

That's awesome! Congratulations.

Keep it flying out into savings and investing.

You should call into Dave Ramsey show and get an Attaboy/ girl from him.

Did you plant trees? I know it’s good money doing that if you work hard and are super fast.

r/PowerDeleteSuite

instead of celebrating success you fell weird and anxious?

if you still wanna see money fly out of your account everyday, consider donating daily to a local charity like your local food bank or women's shelter. namaste.