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
On Tuesday, Carol and I were able to write our last check to a personal loan that we
had with a credit union. We are so excited about that because now all we have left
is our home mortgage. That means in the past 2.5 years we have eliminated $57,000
in credit card debt, 2 car loans, and the $15,000 personal loan. That’s the Financial
Fitness Program working at its best right there!