Does your debt have you feeling constrained?

Yes, those are living expenses and far from loans with interest but some we can live without if we have too in order to reduce our debt (ie; cable, cell phone, internet, etc.). The "borrower is slave to the lender" and who really wants to live with that, I know I don't and my intention is to keep it that way. Congrats on staying out of debt and now it's simply time to take that money and go crazy saving.

i love watching my wonderful savings account just grow and grow!

I hope you are referring to nothing less than a money market savings account rather than the traditional savings account in order to earn higher interest on your money.

I was just like you and it was funny when my wife and I first got married and she had thought that I had a lot of money because I was driving an SUV (car payment) and living in a house she had thought that I owned only to discover later that me and my little brother were renting. So, in essence, she was marrying into debt....that's "wedding bliss" for you. She, on the other hand, had credit cards but she always paid them off in full when her bills came due. Now, the tables have turned considerably and I think of credit cards as "the devil" and I do our home budget twice a month religiously and I know exactly where every penny is spent and I have to ask each "Presidential Bill" where are you going when it tries to go out the door. If you haven't started already, start a monthly or bi-monthly budget and adjust accordingly (ie; gas prices continue to rise) and stick with it because it sounds like you both are doing great. The key is to work on the budget plan together to avoid any future financial arguments.

Yes that monthly budgeting is quite difficult on my part, i do not know how to do it till now so i leave it into the hands of my husband but he still gives me the money so i could learn it..

Yes, it helps if you both know how much your monthly mortgage, sewer & water, electric, cable, gas, cell phones, and other living expenses are each month instead of when someone asks and you say "Well, my husband takes care of that".

Yes, I too agree with your statement.......the feeling of knocking out each debt one by one is truly a great feeling of accomplishment. My goal is for debts never to return and saving for emergencies as often as I can to assure that they do not.

I hate to state the facts but unfortunately "DEBT IS DEBT" and there is no such thing as "GOOD DEBT". After all the debtor is slave to the lender and I sure as hell don't want to be a slave, do you? There are a lot of financial counselors out there (no, I'm not one of them) the proclaim your statement and give false hope to those in debt to get further in debt by suggesting them to purchase real estate while rates are low, etc. and say such thing as "O.P.M." meaning Other People's Money aka the banks money to risk. Now you not only owe your existing debtors but you also have to keep up an mortgage payment and it's hard to do when you lose tenants and can't find replacement tenants in today's hard economic times. When you and your husband finish your studies, you should rent until you have tackled your student debts and then enjoy home ownership as a couple and begin a family by changing your "family tree" with no debt and financial freedom.