One of the questions that frequently comes up when I talk to wives about debt freedom, is “How do I get my husband on board?” I am not a marriage counselor by any means, but I have been married for almost 10 years. From the time Brad and I became aware of what “Debt Freedom” […]
Archive for the ‘Eliminating Debt’ Category
Our Financial Goals: Paying Off Debt (July 2015)
Photo Credit When Brad and I got married in December 2005, we had $70,000 in student loan debt between us. Then we bought a house with two mortgages for $150,000 and a used truck for $18,000, for a grand total of $238,000 in debt. We learned about Dave Ramsey‘s methods in early 2010, and began […]
Our Financial Goals: Paying Off Debt (February 2015)
Photo Credit Today I met a frugal friend at the park for a play date. When I came home, I put the kids down for a nap, and then decided to update “The Abundant Wife” for the first time since last June. I believe the last post before that was in April. I’m sorry I […]
Our Financial Goals: Paying Off Debt (April 2014)
Photo Credit This past week, our tax refunds arrived! I waited a few days for the money to be confirmed by our bank, and then sent all of it to Sallie Mae. After almost 8 1/2 years of marriage, it is so satisfying to see the end of our student loans in sight! We began […]
What We Did Right When We Went $238,000 In Debt
I talk a lot about all the things Brad and I did wrong prior to reading Dave Ramsey and Crystal Paine in 2010, but I don’t talk a lot about all of the things we were doing right during those first four years of our marriage. Despite the fact that we entered our first year […]
Why Is It So Important That I Be Debt-Free?
When I first learned about debt-freedom from Dave Ramsey and Crystal Paine, I immediately became passionate about becoming debt-free. Why? Because we serve a big God, who has given Brad and I big dreams. In September 2009, after 17 years of dreaming, Brad had finally accepted his dream job doing full-time youth ministry. I had […]
Why You Need to Save $1000 For A Rainy Day
16 months ago the “Check Engine” light began glowing on our truck’s dashboard. We paid a local mechanic $40 to run a diagnostic test, and he turned off the light, assuring us that our truck would be fine. However, we would need to have the small problem fixed before our truck would pass its smog […]
My BHAG
Have you ever heard of a BHAG? BHAG is an acronym for “Big Hairy Audacious Goal.” Do you want to know what my BHAG is? I want to be debt-free by the time Naomi is ready for Kindergarten. The first time I listed all of our debts in order by amount due, was in March […]
Our Financial Goals: Paying Off Debt (August 2013)
During the past 8 months, we spent 4 months on 75% salary, we had a baby, and I underwent 2 surgeries. We also bought a new car seat, converted all our cloth diapers to snaps, and bought airplane tickets home for Thanksgiving. Despite these expenses, thanks to using Mvelopes for budgeting, I feel more confident […]