Monday, March 30, 2009

FPU--One year later

It's been one year since we started our debt reduction program following Dave Ramsey's Financial Peace University.

In that years time we have paid off 31,400.00 dollars of our debt.

We still have a ways to go but are continuing to diligently work at it.

For the first five months we had no budget for eating out. Then in August we added in a budget. Actually, for the first five months, we didn't spend any money we didn't need to. No shopping trips, no yarn, no wood and no eating out. But we made it through and our budget is looking good.

We now have a plan that will get us completely out of debt within six years! That is including our house!

We have paid off a credit card, a home equity line of credit, and a vehicle one year early. We are working on a second credit card.

We are very excited to continue on this path.

2 comments:

bp said...

Amazing! Thanks for sharing your wonderful update. I like reading good news like this.

Anonymous said...

Wow! That's incredible!!!!

Please send me a link for more information! I desperately need to get my butt in gear.

And, GOD BLESS!