Monday, October 20, 2008

We Finally Did It!!


A couple of years ago, I picked up this book from the library and we started putting Dave Ramsey's baby steps into action. Debt-free living was our goal. I had over $40,000 in student loan debt and we had two car payments when we married. Add a mortgage to that a few years later and that's a lot of debt. When we were newleyweds, we wanted to pay down our debts and we learned about the debt snowball. One problem with that was: if you don't have enough money in savings, you're destined to fall back into debt. Enter Dave Ramsey and The Total Money Makeover.

Long story short, we are now debt free!!! Woo-Hoo!


I can't tell you how good it feels!

16 comments:

The Herd said...

Woohoo! Are you going to call into the show???? We thought about doing that when our house sells--from Russia!!! HA! Congrats---we are sooo very excited that you guys did it!

Heather said...

WOW! What an inspiration. Oh my! That is fabulous.

mommy4 said...

WOOOHOOOOO!! We're doiing the same thing before we buy a house. I gotta get that book. I'm so excited for your family! What a big thing to do.

MommaofMany said...

Wonderful! That's an inspiration. I'm keeping my eye out for that book!

Our Family: said...

Great job, Ginger!!!!

Jeff said...

Right on! How exciting for you guys!

MInTheGap said...

Congratulations! That's terrific! Now you have to keep going-- that's one of the difficult parts.

Good job!

debhmom3 said...

Congrats Ginger, that is awesome!

Ginger said...

Min,

Keep going? What do you mean? We're now on Baby Step 3- we've snowballed the $ that was paying off debt into savings. Working up to 6 mos expenses- this could take awhile. ;)

Rachelle said...

Ginger - Congrats! We are at baby step 2 with Dave Ramsey. Could you give us some of your top 5 tips on what you did to make this journey a success?

Rachelle - Kansas

Janelle said...

WOOHOOO!!!!!! CONGRATULATIONS!!!! Thanks to you I will be picking up this book and starting my dh and I reading it.

paisley said...

Major congrats!! That rocks. We, too, are debt free. Once you get free, you never go back because it feels sooo good. Enjoy!

Mrs. Trixi said...

Congratulations!!!

Kelly said...

You don't even have a mortgage?

Ginger said...

Yes we still have a mortgage. Look at the Baby Steps. Dumping the mortgage is the last step. He has people call in to yell "I'm debt free!!!!!" after the finish Baby Step 2. Like I said, we're on step 3. :)

Andrea H. said...

Praise the Lord!! Iknow this is an old post but I just found it in one of your links. We just started this Dave Ramsey class 4 weeks ago at our church as a small gropu and I cannot wait to be debt free. I know it will be a long time but it will happen.