Currency from Mexico, Kenya and Latvia.
I was recently asked to share a written testimony of how we got out of debt from a friend that will be leading a Dave Ramsey course at his church in Louisville Kentucky...
Here's a bit more of our getting out of debt story than I shared in that testimony.
When we got married 3 years ago on August 23 2009 we started out our marriage with over $30,000.00 in debt. Mostly school loans, some credit card debt and a bit of personal debt.
On December 11th 2011 we became debt free. In 28 months, we paid off over $30,000. Most of that was on one income, and not a large income at that.
Jess and I had intentioned ourselves to get out of debt so that we could serve the Lord more freely. The same week we got out of debt we were asked by our current school leader to pray about the possibility of joining her in Hawaii to staff the YWAM School of Biblical Studies. We didn't find that to be a coincidence.
How'd we do it? Well its certainly a miracle of God's provision and faithfulness. But on the tangible side...
We did our best to follow Dave Ramsey's steps.
It took some determination and some changes in our lifestyle. We weren't losey gosey about it, we weren't just paying the minimum payment on our loans. We were throwing large chunks of money at it every month. We sold a lot of things, things that were valuable to us, but weren't being used. I sold my pro cymbals, and all of my digital music recording gear. Jess sold her trumpet. We even ended up living with friends and family over the course of that time.
We were on a written budget, using cash. We just went back to both of these things this month because we noticed we were spending to much. Being back on a written budget and using cash really helps.
Engage: Are you debt free or working on becoming debt free? Share your story with us in the comments!
