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Valued Member
Posts: 41
Registered: ‎03-20-2016

Budgeting Works.

[ Edited ]

Took me about four months after getting married to wrestle my wifes finances away from her. She was in the five digits when it came to her debt.

 

After implementing the Snowball Effect that Dave Ramsey loves so much and actually doing it, after one year and two months my wife is making her final payment on her car tomorrow after she got all her credit cards down. 

Venture One|| Amex BCE || Discover IT || Chase Freedom || BofA Travel || FNB Platinum Visa || Cap1 Quicksilver ||
Love Your Life ~ Gardening Until Nov/Dec 2017
Community Leader
Super Contributor
Posts: 14,475
Registered: ‎11-11-2014
0

Re: Budgeting Works.

Amazing.. Congrats and good job!! Keep it up.

Frequent Contributor
Posts: 266
Registered: ‎04-09-2016
0

Re: Budgeting Works.

I love stories like this. Good job.

FICO 8:  EQ:687  TU:700  EX:719
Frequent Contributor
Posts: 410
Registered: ‎06-12-2016

Re: Budgeting Works.

Good work!

 

Now, to google this snowball effect of which you speak...




Stepped out of the garden 10/9/16

Frequent Contributor
Posts: 460
Registered: ‎05-11-2015

Re: Budgeting Works.

Congrats!

 

How resistant was she to your helping her get out of debt that you had to "wrestle" her finances away from her?  Smiley Happy

EX08 726 EQ08 707 TU08 736
New Contributor
Posts: 59
Registered: ‎04-11-2015

Re: Budgeting Works.

Congratulations! Awesome!  I used the DR snowball to get rid of my debts like 2 years ago and it is such a good feeling to be debt-free and living below my means.  I applaud you for leading your wife to a better financial situation.  It will just give you so many options when you do not have to worry about the burden of debt.

TU 697| EQ 708 | EX 699 10/26/2016
Goal: 750.
Current TU 755 | EQ 754 | EX 755
Goal: 800.
Valued Member
Posts: 41
Registered: ‎03-20-2016
0

Re: Budgeting Works.

Very. She said she didn't want me to judge her. Which wasn't the case, lol. 

Venture One|| Amex BCE || Discover IT || Chase Freedom || BofA Travel || FNB Platinum Visa || Cap1 Quicksilver ||
Love Your Life ~ Gardening Until Nov/Dec 2017
Valued Member
Posts: 41
Registered: ‎03-20-2016
0

Re: Budgeting Works.

Enjoy! 

Venture One|| Amex BCE || Discover IT || Chase Freedom || BofA Travel || FNB Platinum Visa || Cap1 Quicksilver ||
Love Your Life ~ Gardening Until Nov/Dec 2017

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