Today was a big day for my wife and I. A little over three years ago, before I met my wife, I bought a brand new truck. I had just gotten out of a bad relationship and I guess that buying the truck was my “bounce back.” I didn’t go nuts and buy something I could never afford, but I did have to finance it for 6 years. Before my wife and I got married, my in-laws required us to take Dave Ramsey’s Financial Peace University class at our local church. After taking the class, we were determined to rid ourselves of debt as quickly as possible.
Today we took a huge leap forward in being completely debt free. We paid the truck off. It was the biggest check that either of us had ever written, but now the truck is ours completely and that monthly payment that was going to the truck we can roll over into our other vehicle payment.
The best part about it all is that we didn’t go completely broke by paying the truck off. Our next goal is to have the other vehicle completely paid off by the time we have kids. That will just leave us with just my student loans, which will not be a problem once I am an active duty Chaplain.
If we can do it, so can you.