Monday, February 15, 2010

Dave Ramsey Plan - START

In January, Chris and I started a 13-week course in financial management and debt reduction called Financial Peace University, taught by Dave Ramsey.  The basic plan is to completely eliminate consumer debt and increase savings.  This course has already taught us a lot, but the most important thing it has done is to promote more communication between Chris and I about our financial situation.  After a bluntly honest evaluation of our money and budget (or lack thereof), we knew we needed to make some drastic changes.

So we decided to trade-in our Honda Pilot and pay cash for an older model vehicle that would serve the same purpose -- to be driven around town and to transport our dogs AND a carseat to the lake in the summer time.  After a few weeks of searching, today we took that first step!  We traded in our Honda Pilot and bought a 2004 Honda CR-V.  Pictures are below.  So congratulate us!  Today we got rid of $12,000 of debt.  I think that's an excellent first step!



  1. I am so proud of us for this huge first step, and think that this is the very beginning of an amazing future with financial piece of mind.

  2. You are to be commended for getting a handle on expenses. It will pay off in the long run by allowing you freedoms you can not image now. It takes a moment to get into debt and a lifetime to get out. But the rewards will be many for both you and Chris and Ledge man if you can just control it.

  3. CONGRATULATIONS on this first, huge step! We are proud of you and you should be very proud of yourselves, too! Keep up the good work - it pays off in the long run!