This couple has been married for many years and have one child. They have HAD IT with their debt and have been marching toward debt freedom since November 2007. They are THROUGH with credit cards.
Thoughts from Couple #3 this month
It is nice to see our balances decreasing as well as our years 'til Debt Freedom! It seems like it will take forever, but we will get there. It is also nice to see gas prices coming down.
Updated Debt Freedom Date
Month By Month Progress
Couple #3 is closing in on one full year of attacking their debt. It was a rough start since the interest they were paying toward debt was very high. They restructured their debt by surfing their debt to low and zero percent balance transfer credit cards. Now, the pay-off is here! They are averaging around $1,600 of debt elimination each month.
Yes, they could spend that $1,600/month elsewhere, but they have had their IHHE Moment. They have reduced their debt by over $10,000! Outstanding!
Have you started your March To Debt Freedom? You CAN do it!
Read previous updates from Couple #3 HERE