I had fortuitous timing in one year...
I met and married DH - a LBYM type guy. I felt guilty that I had consumer debt (credit cards and a car loan) vs him with no debt (even a house debt free.). Fortunately for me my company was acquired and all of my stock options vested immediately. And the market liked the acquisition of the company so the stock price went through the roof. I cashed out the stock options, coincidentally, within $2 of the peak price of the stock... it then went on to split... then crash. It never ever recovered. I used the money to pay off all my debt except my mortage, pay for a travel sabbatical with my new husband, and seriously pad my emergency funds.
So - my homerun was meeting my husband, feeling guilty about the debt, and cashing out my stock to retire the debt.
Been debt free (except for mortgage) till very recently. Retired the mortgage 3 years ago... but currently have an zero interest car loan... who would turn down free money?
I met and married DH - a LBYM type guy. I felt guilty that I had consumer debt (credit cards and a car loan) vs him with no debt (even a house debt free.). Fortunately for me my company was acquired and all of my stock options vested immediately. And the market liked the acquisition of the company so the stock price went through the roof. I cashed out the stock options, coincidentally, within $2 of the peak price of the stock... it then went on to split... then crash. It never ever recovered. I used the money to pay off all my debt except my mortage, pay for a travel sabbatical with my new husband, and seriously pad my emergency funds.
So - my homerun was meeting my husband, feeling guilty about the debt, and cashing out my stock to retire the debt.
Been debt free (except for mortgage) till very recently. Retired the mortgage 3 years ago... but currently have an zero interest car loan... who would turn down free money?