I’m so excited! About 12-24 months ago, I had put a $500 car repair on a credit card,
started paying it down a little bit, then graduation rolled around and I didn’t save up
for graduation so I had to put those expenses on a credit card. The balance had been
plaguing me month after month after month. Well—NOT ANYMORE! A couple of days
ago, I paid off this credit card and I just feel so FREE! That’s another Harvey coming
out of the Financial Matrix. We’re doing it as a family. It is difficult to be different and
to be disciplined, but it is TOTALLY worth it to be chipping away at my debt. I have a plan to be out of the
Financial Matrix within the next couple of years (before I’m 30) and I am so excited!! I don’t even know
how to express this because it is not the norm for my family.
We love Financial Fitness! We came up with a mortgage pay-off challenge by coming up with a few steps. 1) The burning desire to become debt-free. We were sitting at $110K of debt (we’ve been able to cut that down to less than half now) and we are now within 12 months of being debt free! 2) Communication with your spouse. 3) Developing a budget and following the budget 4) We use a cash envelop system that helps us stick to our budget. 5) Patience. By following these steps we’ve been able to make a significant difference in both our relationship and our debt reduction.
Ryan and Becky Wooldridge