I am so excited about the Financial Fitness Program! We just wrote the final check
for one of our loans and so far in this process, that makes it over $24,000 worth of
consumer debt that we’ve been able to pay off just by applying the principles we’ve
learned. We still have a ways to go, but this has made such a dent in our debtreduction
program! I just want to encourage everybody to stick with it! Even if it’s
inch-by-inch, just by applying these principles, we’re beginning to see that the power
of compounding is working in our favor.
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