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Big Debt Board

We paid off our last credit card!


On May 1st, 2011 my wife and I paid off our last credit card. It took us 17 months to knock out over $12,000 of credit card debt we accumulated over the last several years. We could have paid it off sooner but we received a vacation to Hawaii (air-fair and hotel) for our 20th wedding anniversary and spent a little over $3,000 cash on this trip. It was well worth the delay!


We read Dave Ramsey’s “Total Money Makeover” in December of 2009 and committed to that method in January of 2010. Whether you’re a fan of Dave Ramsey or not his method works, and we are proof of it. It just takes a lot of discipline, and if you’re a couple, you have to be on the same page.


Our next goal is to pay off our SUV, which we hope to do in less than a year. And we just refinanced our house to a 15 year mortgage and our goal is to make an extra payment per year to pay it off even sooner.


All financial goals are possible through budgeting!


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Taken on May 3, 2011