Paid Off Over $10,000 on Affirm. Saved $5000 in Interest. Closed My Account. Never again.
I’ve been using Affirm instead of my credit cards because the short term “micro loans” had actual end dates and I didn’t have the option to make a minimum payment to draw out how long it would take to pay it off.
But a few months ago, I realized I just keep using it so it never ends.
Called myself to the carpet and got real last week. Made the decision to pay it off, close it and never use it again.
It’s not easy. It’s not better. It’s a trap that steals from my future little old lady self so I’m done.
My husband and I are in the same page.
We went through all our spending together and mapped out a budget and have made a commitment to not use credit for any future purchases.
From now on, we will have monthly budget check in’s to talk about needs have changed or things that we want to buy and budget for them together or decide together that we don’t need those things.