We're... Debt...

CONGRATS!!!!!  

One more person I don't have to educate and provide a debt freedom solution too.

I'm a couple of months away from completing baby step 2. 

Its amazing what you can do with frozen chicken breasts and a Foreman grill. 

We haven't used a credit card in probably 8 years. And the companies still send us applications. It's tough to always pay cash, but it keeps you out of trouble.

Of course, we did finance our cars and DH's boat, but everything else is cash cash cash.

I just got turned on to Dave recently.  Although I'm only sporting the mortgage now, its great to listen to him.

 I'm hoping to get the mortgage out of the way in the next two years.  We'll see if we can keep to that aggressive schedule.

Congrats! 

Welcome to the club!  Remember to keep paying yourself and start an emergency fund.

What we did was use our debit card exclusively for about a year to make sure we were living within our means.  And then we switched to a Marriott Points card.  We pay it off at the end of the month and get the points as well.

BUT, that was only after the year of only using our debit card to make sure we didn't go into debt.

GREAT JOB!!

WHOO HOO!!! Congratulations! Isn't it an awesome feeling? I know I learned this lesson the hard way when I racked up ~$10K of CC debt in college. I think we'd serve our young students well by passing laws preventing credit companies from preying on college students. During my first year of college at a WI state school, there was at least one credit vendor hawking cards in the Student Center almost every day of the week. You could easily get $2500 in credit with just a signature. Fortunately, the private school I transferred into prohibited the vultures from stepping foot on campus.

Welcome to the club. May you only have "good" debt from here on out.

WOOOO-HOOOOOOOOOOOOOO!   Congrats to you.  Rice & Beans, Beans & Rice all the way! 

We went to see Dave Ramsey live in Dallas a year ago, and it was the best half-day I've spent in years.   In that time, we've dumped $60k in car debt ($1300 per month in payments) by getting rid of the SUVs and buying good used cars, and we've paid off all but one credit card, my student loan, and our mortgage.  We no longer care about keeping up with the Joneses, and it feels great.  Credit card will be gone this year, then the entire snowball goes towards that student loan.

Keep up the debt free living; it is a lesson we didn;t learn in school, and one I am teaching to my kids so they don't make the same stupid mistakes I have made. 

Agreed.  Welcome to the club.

The wife and I racked up our own debt right out of college living WELL above our means.  And for only a year.  Took us 8 years to get out of it.  Only thing hanging over our head now is the mortgage.  Well done mate.  It is such a load off the mind and I know you will keep it up.

Big Freedom - I will be down to just a mortgage by March 

Love Dave...also love Suze Orman! She's a real ball-buster. I like watching her shows on TV, especially the "can I afford it" segment.

Sigh....we're gonna need some major financial counseling in the next 5 years or so...my husband is a surgery resident making peanuts right now - which is actually an improvement from medical school, where he earned nothing! He's got a load of federal/private loan debt ~ $250,000 and that amount seems so insurmountable I don't even want to think about how HE is going to pay it back. Note I say HE, hee hee. I have NO debt, so to go from NO debt to loads of debt is kind of scary. But, I'm sure we'll find a way.

Just read where some talking heads think the economy needs a $150 billion jump start. Come on, help the economy out a bit and sign up for all those credit card offers.

Ahhh... I'm on target to be debt-free by the end of this year.  I don't have big CC debt, or even big student loans.  No, I made a very bad decision many years ago and have the worst of all kinds: tax debt.

*sigh*  When I'm done paying off the dept, the penalties and interests... I could have bought a NICE car.

Oh well... it'll be a real relief to have it finally paid off by Dec 31, 2008.