My wife and I were at our local Wells Fargo (NYSE: WFC) branch today and we signed some important papers. The documents we put our names to probably represent the single best investment we have made in our time together. Utilizing a portion of a rather handsome income tax return and some carefully thought out timing, we as a couple today reduced our consumer debt load by approximately 25%.

Being in debt has always made my skin crawl, though I fully understand the reasons why we do it. If you want a nice house and a fine automobile or two, the chances are that the only way you can pull it off is by borrowing the funds to make it possible. That doesn't change the fact though that I hate being in debt, and whenever the opportunities present themselves I do what I reasonably can to reduce my debt level.

Continue reading I made my best investment ever (and didn't consult Jim Cramer about it)

I made my best investment ever (and didn't consult Jim Cramer about it) originally appeared on BloggingStocks on Sat, 14 Apr 2007 08:40:00 EST. Please see our terms for use of feeds.