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Marching To Debt Freedom - Couple #1 - Month 15

December 17th, 2008 at 06:34 am

Introduction
Couple #1 is THROUGH with debt! They have been married for many years and have two children. They are now over a year into their Debt Freedom March.

Couple #1's Thoughts This Month
The current economic environment is flipping crazy. I can only think that God had his hand in my wife and I deciding to get out of debt long before this downturn.
* We paid half the balance of car 2 and owe just $500.
* We increased the payment on the HELOC to $700.
* The property taxes are already paid when in years past I would have to wait until my tax check came back.
* Christmas is bought and paid for and under the tree. Instead of buying useless presents for friends this year, I made gifts out in my shop.

We have a lot to be thankful for. We have our jobs, we have our health, and we have each other. May God bless you all as I have been blessed. Merry Christmas!

Updated Debt Freedom Date


Month By Month Progress


Sangl says
Another excellent month! Couple #1 has a fully-functioning Known, Upcoming Expenses account that has enabled them to stay the course even in difficult economic times. If your budget is constantly smashed by things like property taxes, quarterly insurance premiums, vacation, or Christmas, I highly recommend clicking HERE to learn how to set up a Known, Upcoming Expenses account.

Read Previous Monthly Updates For Couple #1 HERE

Marching To Debt Freedom - Couple #1 - Month 13

October 15th, 2008 at 07:39 am

Introduction
Couple #1 is THROUGH with debt! They have been married for many years and have two children. They are now over a year into their Debt Freedom March.

Couple #1's Thoughts This Month
I am so thankful for your help and encouragement in these tough times. If we were carrying our previous levels of debt it would be stressful to say the least. We are seeing our 401k shrivel but we all know that will return with time and stability. I only hope Americans now see that being in debt is dangerous combination of timing and chance.

Updated Debt Freedom Date


Month By Month Progress


Sangl Says
Another boring month of debt reduction … Smile Couple #1 has figured this thing out. They have a plan that is working, and that means more debt has left. Way to go!

Readers
How is your Debt Freedom March progressing?

In my book, I Was Broke. Now I'm Not., I share the story of my Debt Freedom March and teach the exact tools that Jenn and I used to become debt-free. You can do it too! You can read the book's introduction HERE.

Receive each post automatically in your E-MAIL by clicking HERE.

Marching To Debt Freedom - Couple #1 - Month 12

September 16th, 2008 at 11:17 am

Introduction
Couple #1 is THROUGH with debt! They have been married for many years and have two children. They are now ELEVEN months into their Debt Freedom March.

Good/Bad This Month
This month went to plan. It is great to see these balances going down. On the other hand, it is difficult for expenses to go up so much. It seems as though all of our extra spending money is going in the tank and into the grocery cart, but I can't complain. I feel very lucky. We have a house that is not in foreclosure, and we have two great jobs with benefits and insurance. We are so blessed.

Updated Debt Freedom Date


Month By Month Progress


Sangl Says
Couple #1 is now twelve months into their debt freedom march. What a fantastic year it has been! They have paid off $21,801. This is what can happen when one is intensely focused on debt freedom and recognizes what life will be like when there is ZERO DEBT.

When Couple #1 started out, they had $35,695 in non-house debt. They now have only $16,000 of non-house debt remaining. Outstanding!

Couple #1 is doing a great job of sticking to their debt freedom march. There are times that it seems almost unattainable, but it IS attainable and it IS so worth it!

Readers …
How is your own Debt Freedom March progressing?

In I Was Broke. Now I'm Not., I share the story of my Debt Freedom March and teach the exact tools that Jenn and I used to become debt-free. You can do it too! You can read the book's introduction HERE.

Receive each post automatically in your E-MAIL by clicking HERE.

Marching To Debt Freedom - Couple #1 - Month 11

August 12th, 2008 at 06:19 am

Introduction
Couple #1 is THROUGH with debt! They have been married for many years and have two children. They are now ELEVEN months into their Debt Freedom March.

Good/Bad This Month
We are really struggling with the economy right now. We are in sales and am currently way below last year's figures. For the first time in twenty years, we laid off people in our home office. Things are really scary. On the bright side, we are not carrying near as much debt as this time last year so we are not creating new debt which to me is the most important thing. I thank God for all we have and pray for those who are struggling way more than my family. Thanks for all of your help and wisdom.

Updated Debt Freedom Date


Month By Month Progress


Sangl Says
Another debt has left Couple #1's household! The American Express has been kicked out forever. Nice!

Here is what is so incredible - Couple #1 began attacking their debt just eleven months ago, and they have paid off $20,462! Way to go Couple #1 - I can't wait to see where you guys stand at the end of your first full year of attacking your debt!

Readers
How is your own Debt Freedom March progressing?

In my book, I Was Broke. Now I'm Not., I share the story of my Debt Freedom March and teach the exact tools that Jenn and I used to become debt-free. You can do it too! You can read the book's introduction HERE.

Receive each post automatically in your E-MAIL by clicking HERE.

Marching To Debt Freedom - Couple #1 - Month 10

July 16th, 2008 at 12:44 pm

Introduction
Couple #1 is THROUGH with debt! They have been married for many years and have two children. They are now NINE months into their Debt Freedom March.

What went well this month?
Staying on schedule. I am glad we started this months ago. I would hate to be carrying that extra debt through these tough times.

What were the challenges/struggles this month?
Expenses are taking all the disposable income right now. Food and gas are unbelievable. We are determined not to create new debt. We are being very creative about saying no.

Updated Debt Freedom Date


Month By Month Progress


What has helped you stay on this Debt Freedom March?
The day that I can say I owe no money to anyone will be a benchmark in my life!

Sangl Says
Next month, Couple #1 will clear $20,000 of debt paid off in the first 11 months of their Debt Freedom March! That is AWESOME! Also, it appears that the American Express card will be ditched completely! This stuff works!

Readers
How is your own Debt Freedom March progressing?

In my book, I Was Broke. Now I'm Not., I share the story of my Debt Freedom March and teach the exact tools that Jenn and I used to become debt-free. You can do it too! You can read the book's introduction HERE.

Marching To Debt Freedom - Couple #1 - Month 09

June 9th, 2008 at 01:25 pm

Introduction
Couple #1 is THROUGH with debt! They have been married for many years and have two children. They are now NINE months into their Debt Freedom March.

What went well this month?
Everything went reasonably well. We had a few unexpected bills but that is life. The rising cost of living is eating into our monthly budget a little but we are on track.

What were the challenges/struggles this month?
GAS, FOOD!!!

Updated Debt Freedom Date


Month By Month Progress


What has helped you stay on this Debt Freedom March?

The prize at the end of this is not being indebted to the leeches. I want to be free of the weight of debt. It is a cancer.

How has this Debt Freedom March impacted your marriage relationship?

It has created a sense of trust and unity. Together we are invincible, and we have a little change in our pocket.

Sangl says
There are several success stories this month! Did you notice that Couple #1 paid off TWO credit cards this month? Lowe's and Discover both went into the "PAID OFF!" area this month. AWESOME! Also, they have paid off $17,963 in debt in just nine months. That is INCREDIBLE! That is a new car's worth of debt. Couple #1 could have continued living like they had in the past, and they would have been able to pay the bills fine. But they have caught a glimpse of what life is going to be like without debt, and nothing can stop them.

This is what this entire crusade is all about. Helping others accomplish far more than they ever thought possible with their personal finances! I LOVE THIS STUFF!

Readers
What is your Debt Freedom Date? I hope it is zero or approaching it quickly!

Read Previous Monthly Updates For Couple #1 HERE

In my book that was released in January, I share the story of my Debt Freedom March and teach the exact tools that Jenn and I used to become debt-free. You can do it too! You can read the book's introduction HERE.