A coworker just told us that he is staying in a suite for a while. I was confused for a minute, curious why he was so happy about it... usually people only go to a hotel when something goes very wrong with their home! It turns out that he lives in a hotel; he has to live in one for a while longer until he pays off his last major debt, and then he'll finally have the credit for something more stable, like an apartment.
He told us how he's been trying to get things paid off for a long time. When he was first out of school, he was excited to get a credit card and used it freely; if he was on a date and the girl wanted something, it was easy to give it to her. No problem. But he mentioned that it's taken a long time to get rid of that debt. I thought about some people I know who have got themselves into debt early but haven't invested in an education or any long-term plans, so that debt becomes a burden for years.
So my friend at work is finally getting on top of his finances. And that is inspiring. It's awesome to see someone making plans and following through, making their lives that much better.
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