Besides being December 1st (WHITE RABBIT!), today marks a significant event in our family's financial history.We don't owe anything on credit cards. Zip. Nada. Zilch.
Four years ago, Jen & I were introduced to Dave Ramsey & Financial Peace University. Both with good jobs, in debt up to our eyeballs, Dave encouraged us to take steps to change our situation.
We learned that that dread "B" word...budget...isn't a dirty word but a tool intended to gain control of the money we worked so hard to make in the first place.
Then came the debt repayment plan. Almost $40K in credit card debt is hard to ignore, and even harder to pay off playing by the card issuers' rules, especially when they CHANGE the rules frequently (ex. "New changes to your account terms and what they mean to you.") Four years later, that debt is gone & we never wanna go back!
Next are the car loans & student loans. We're working toward having those completely paid off within the next 1 1/2-2 years.
We're already talking about saving for and paying cash for a house. How crazy is that?
No comments:
Post a Comment