A Burden Lifted

By Ryan Healy | May 22, 2008

Last Friday marked the finalization of the sale of my motorcycle. That’s when the buyer picked it up and drove it away, bringing closure to the two-week transaction.

So far, I feel a lot better knowing I’ve wiped out that debt. It’s not hanging over me anymore, and I no longer have to pay BMW Financial Services $344 a month.

What’s more, I don’t have to maintain my motorcycle (get the oil changed, valves adjusted, etc.), pay registration taxes/fees to the DMV, or pay for motorcycle insurance. When I look at the whole picture, I’ve not only eliminated debt, I’ve simplified my life considerably.

And that feels really good too.

While I will miss riding my motorcycle this summer, the feelings of relief far outweigh my feelings of regret.

And as a side benefit, I’m already cycling more, which is healthier and still gets me out on the road every week.

If you have a “big ticket” item you know you should sell, go ahead and list it on Craigs List or some other advertising site. I think you’ll find that when that item is sold, you too will feel that a burden has been lifted.

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Topics: Case Studies | 4 Comments »

4 Responses to “A Burden Lifted”


  1. John C. A. Manley | www.MetaphysicalStories.com Says:
    May 22nd, 2008 at 1:46 pm

    Congrats. Hey, and cycling is better for the environment, too.

    I sold a high-priced piece of hardware a few years back on eBay when times were rough. Felt really good.

  2. Ryan Healy Says:
    May 23rd, 2008 at 2:00 pm

    Thanks, John. Yep, there are a lot of benefits from cycling. Just got back from a one-hour ride, in fact. It’s a great way to get exercise and enjoy the outdoors.

  3. Carnival of Debt Reduction #141: Enemies of the Doctor - Consumerism Commentary: A Personal Finance Blog Says:
    May 26th, 2008 at 10:49 pm

    [...] Healy presents Debt Reduction: A Burden Lifted posted at Debt Reduction [...]

  4. Community In Action - Debt Elimination Party | The Happy Rock Says:
    July 12th, 2008 at 8:48 pm

    [...] Ryan @ A Debt Reduction formula took a big step in beating his debt and sold his motorcycle! Related PostsCommunity In Action – Contest EditionCommunity In Action – Found Money [...]

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