I’ll have to take you back to the beginning in 2008 when my mom encouraged made a deal with Jeremiah and I that if we took Dave Ramsey’s Financial Peace University for 12 weeks that she and my dad would help pay for Jeremiah’s seminary education. We knew she was serious and who wouldn’t take up that kind of offer? So, we enrolled in the class at a local church with $45,000 in Debt– credit cards, student loans, 2 car payments, and more. During our first class, we found out that our debt surprisingly lined up with the average American’s debt.
Throughout each week, Dave Ramsey’s principles blew our mind. We started to see where we had been foolish and honestly hadn’t been living by God’s word in the area of finances. We started with the lowest amount of debt first and worked our way up. We cut up our credit cards (scary but it felt great!), Put $1,000 in our emergency fund as Dave says to do and starting building our savings. Most importantly, we got on a budget/spending plan. Even though we failed at it at times (and still do), we had a target to shoot for and we finally had control of our finances, rather than our finances controlling us.
We ate out less, didn’t really buy clothes, had a grocery limit, sold stuff, held garage sells, sold a car, didn’t buy unnecessary stuff and before we knew it, we were chipping away at our debt incredibly fast. We even had a baby and didn’t go into debt doing it because we saved, saved, saved!
Now two years later, we are proud to say that we are DEBT FREE!
The feeling is surreal still because for so long we weren’t truly free in that area and it impacted our marriage. But now we are and it’s our desire to encourage others out there who feel like it’s impossible. So many people encouraged us along the way and most importantly, God gave us the grace we needed to persevere and follow his plan.
I wrote a few posts a while back about our journey here and here and here and several more under the Finance category on this blog if you’d like to check those out.
While we’ve actually been debt free for about 3 months now, I can say that managing finances will always be a battle and we will never arrive, but I’m so thankful that our eyes have been opened and that above all, we are learning to better steward what we’ve been given because all that we have is a gift from God in the first place.
Thank you for sharing in our joy today!