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
Persistence is paying off! Over the course of one week’s time, my wife was able to
reduce our mortgage from a 30-year to a 15-year loan and she cut our interest rate
from 6% to 2.75%. She also went through some credit reporting activity and found
that there was money on the table there—$360 coming back from a credit reporting
agency because they left stuff on my credit report that shouldn’t have been there! So
she cleaned that up. She also went in and got our car and home insurance reviewed.
We went from one company to another just by price-matching. That dropped our insurance down
$1,000 per year. And here’s the big one. She has found a way to get rid of our interest-bearing-debt and
our medical bills—$8,500 in one week—completely wiped out. My wife has become my Phoenix! She’s
following the Financial Fitness principles that she’s hearing all the time on the audios and it’s changing
our lives. Thank you!