Adios Debt

Part of deciding to sell our house was so that we could be closer to being 100% debt free.  Debt free meaning: ZERO car payments, ZERO credit card balances, ZERO medical bills, ZERO mortgage. Please understand that this was an extremely difficult decision to make when we have a family of five + two huge 100 lb dogs, and we are all very comfortable in our lifestyle. We live in a tri-level house with 4 spacious bedrooms, three bathrooms and 4 living spaces. Change seems scary. I will say that three weeks in to Dave Ramsey's Financial Peace University classes, we knew that we were making the right choice. It still is hard...to let go of  the "Mom control", the not knowing where we will be next, the having everything in it's place and in a few weeks it will be in storage, the comfort of knowing we have a home that we won't have soon. We will be moving out on the 30th of this month and closing on July 1st. As soon as funds clear the bank we will be paying off all debt with our large amount of equity and we will officially be DEBT FREE. We will begin our home search again on July 1st. We have stopped looking realizing we have much more negotiating leverage being cash buyers + we don't want to get emotionally attached to another house and make impulsive decisions. So, we just wait now. And begin packing soon. Time will tell if we find a house we can pay for in all cash or if we will have a small mortgage? We do not want to go over 60K(but that would be our only debt). We can chip away at that pretty fast, but the lower the mortgage the closer we will be to financial freedom and we will begin saving for the 3 kids to go to college, for us to retire and budget for a few special vacations a year. This is also about simplifying as I mentioned in my first post and simply disregarding all the unnecessary fluff in life that has no importance or meaning in shaping our kids character. A home is shelter, a happy place where memories are made and our belongings are kept. Does it have to be big? The happiest times of my life were after we started our family and lived in a small space. There is something about small spaces that challenge us to live smart and live with less. We are weirdly excited about this adventure and finding Casa Not So Grande soon. This journey will be difficult for us to all let go of things and our attachment to material objects...but I know once we do, we will feel more free. This is a process and I am sure it will be emotional. Thanks for walking with us on our journey.