Getting out of debt is a huge accomplishment and it's important to acknowledge it. That being said, there are multiple ways to describe being free from debt. "Debt-free," "financially liberated" and "unburdened" are all synonyms for being out of debt. Some other options include "debtless," "unencumbered," and "relieved." Each of these words implies a sense of freedom and relief from the stress of debt. By achieving this milestone, you can enjoy a sense of financial stability that allows you to live your life without the constant worry of paying off debt.