Marching To Debt Freedom – Couple #1 – Month 09

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.

4 Responses to “Marching To Debt Freedom – Couple #1 – Month 09”

  1. Saving Freak June 4, 2008 at 5:34 am #

    Interesting. They started making larger payments on the BOA credit card. Any particular reason why?

  2. Visitor June 4, 2008 at 5:42 am #

    I’m also a little confused. Their months till debt freedom went up by seven months. Am I missing something?

    I do enjoy looking at these charts each month.

  3. TurtleLover June 4, 2008 at 9:20 am #

    I also wondered why the months til debt freedom went up. Thank you for sharing your info and good luck!

  4. Joseph Sangl June 4, 2008 at 9:57 am #

    Sangl Says …

    The reason the Debt Freedom Date went up is because they sent $500 less toward debt this month. Because the total of their monthly payments went down, it caused the Debt Freedom Date to go up. Look for it to drop substantially over the next few months as Couple #1 recovers from the unexpected bills.

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