Marching To Debt Freedom – Couple #1 – Month 07

Introduction

Couple #1 is THROUGH with debt!  They have been married for many years and have two children.  They are now SEVEN months into their march.  Here is this month's update.

What went well this month …

We are working the plan.  I jacked up the emergency fund to $5,000 and payed a little more on some bills.

What were the challenges/struggles this month …

NONE

What has kept you on the wagon for SEVEN months?

I sleep at night.  I owe this to my family.  God has blessed us with so much, and I need to take good care of it.

Updated Debt Freedom Date

Month By Month Progress

Sangl Says …

Incredible progress again this month!  This is outstanding.  By my calculations, this family will be debt-free except for their house (1st Mortgage and Home Equity) in less than TWELVE MONTHS!  That will be INCREDIBLE!

Lowes and American Express are going to be leaving within the next few months and then the dentist is going to be VERY CONFUSED when the office receives a snowball payment of $1,170 ($500 Lowes + $500 AMEX + $170 Braces)!  It is so fun to watch the debts just leave!

Readers …

THIS is what happens when you experience your IHHE Moment and get intensely focused!  This debt does not stand a chance.  I love it!  This stuff works!  I can't wait to receive an invitation to YOUR debt freedom party!

Read Previous Monthly Updates For Couple #1 HERE

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2 Comments

  1. Saving Freak on April 2, 2008 at 1:39 pm

    This is awesome. No more unsecured debt in 1 year. That is a mighty big shovel couple #1 is using. Imagine when that money is piling into their retirement account instead of debt payments!! can I get a WOW!!



  2. jen on April 8, 2008 at 6:50 pm

    I want to thank Couple #1 and ALL the couples for sharing their journey with us…it urges us lurkers on and helps to know there are others are there fighting the same battle…

    Congratulations on your successes in the debt battle!



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