But it's my blog, and I'd like to! Just a couple of months after we were married, our good friends Cager and Maris suggested for us to read up on Dave Ramsey regarding our financial management. They lent us two books they had, and we each read one within that first week. You see, we purchased our house 4 months before we married and got stuck having to pay for a new roof out of pocket within a few months, which we got a HELOC for because we had all but emptied our savings on the house. We also had a small amount of student loans from my last year in college. The November after we were married (only 2 months after) we killed the engine of my car on the Interstate in Jackson, whick Cager graciously rescued us from. So I got a new car a week later.
Now, onto the title of this blog. In just under our 3 year wedding anniversary, we are now debt free, other than our mortgage, which we even refinanced earlier this year. We followed Dave's principles of the Debt Snowball, and managed to pay off everything including some credit card debt, the roof, student loans, and as of yesterday my car. We even have our vacation in September already paid for.
I know a lot of people already use Dave's principles, but we have found them to be very rewarding and a major help in our marriage! We recommend him to anyone looking for financial peace.
-- Post From My iPhone
2 comments:
Congratulations! Hopefully that mortgage payment will go away soon too!
-Rhonda
How exciting! We've followed Dave's principles as well and also found it very rewarding! This is such a great accomplishment!!!:-)
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