Step 5: Declare Your Financial Independence
By now, you've likely maxed out your credit cards, burned your credit score, and maxed out your loans. You're free! Well, mostly free. You're still on the hook for those pesky student loans, but we won't get into that here. Today, you get to declare your independence from the soul-sucking drudgery of paying off debt.
Here's the plan:
- Buy a one-way ticket to a deserted island
- Leave all your belongings behind (including your family)
- Live in a lean-to-live hut and spend your days lounging on the beach
- Send a postcard to your creditors with a "Dear John" letter
- Repeat "I'm free, I'm free, I'm free" until the authorities come for you
But wait, there's more!
Take it to the next level with Step 6: Max Out Your Credit Card Limits