Ronnie, UM, Chris Hogan discussed on Gaydos and Chad
On the debt free stage, joining my co host Chris Hogan, and I Today. Is Ronnie and Belinda from Greenville, South Carolina. Here. No, no, it debt free scream, baby. Welcome, guys. What's up? No, I'm glad to be here. Honored to have you How much have you paid off? We paid off just about $210,000. How long did this take? About three years, okay? And your range of income during that time. Started at about 1 25 and got up to about 1 75 hearing where you guys do for a living. Physical therapist. Both of you all right? Yeah. Avery practices. That's very well done. Thank you. What kind of stuff did you pay off? Yeah, I was gonna say about $500 in credit card debt and about 209,500 student loans. Whoa! Okay. Wow. Couple of Pts had to get their diploma out of hock. That's right. I said, I love it s so who decided to get serious first between the two of you. I think probably me first, just because we graduated from different classes, so When I first graduated and moved in with my parents, and they kind of got me on the envelope system, And then when Ronnie graduated, we both knew we wanted to get married. And we started doing the Dave Ramsey way before we got married. And then you talk about your living said Yeah. No. Um, yeah, basically the same thing when I graduated the next year. Um, I just kind of jumped right in on the same plan, which made it a little bit easier in some ways, because we just stayed on the same budget. You know, like we were students just kind of kept going till he got everything paid off. Okay. Very good. Ronnie actually were kind of a second job on the side when he started working for he got Kind of this deal where he would work on the weekends and they would help pay for his rent. So that helped him save a lot of money and okay, get ahead. Very cool Symbol under your parents were financial peace. Parents. They love you. Yes, baby. Any financial peace, baby? You married into the thing. Okay, Second, Jin here, All right? Very cool. You guys. So you really never knew any big lifestyle that you had to cut down? You just said we're gonna keep living like college students and clean this up in about 70 grand. A year goes away average over three years. Right? That's right. Rowdy. Yes, it is E mean you're out there making serious money and your contemporary she came out of PT School are still sitting on The same amount of death that they were three years ago. They paid off none of it right And there they were calling you crazy. Some of them probably were maybe not to our faces. But e. It's just tough because you know, like with physical therapy. Now, with a lot of other medical field type professions, you just go to school for longer and longer and longer, And there's that delayed gratification that when you get out of school, there's that impulse that well. Now it's time. Tonto. Take the next step if you have a lot of debt. You know, it's hard to justify you know that lifestyle blender What was the biggest sacrifice for you? I think for me just that delayed gratification of, you know, getting a house you know sooner than I had anticipated because we're still renting right now. And but we know that's coming soon. So if I think that's the biggest challenge for me That is very good, Ronnie. What about you? Biggest sacrifice. Um, I would definitely say the house for sure. Just because you know, there's that peace of mind that comes with owning your own property. But definitely renting is a little bit easier if you can know that you are tangibly working towards a goal. Um You're getting too pretty fast. Temporary. You could walk through anything longer. Look, another side of it. That's what you guys were young too. How old are you? I am 31 30. Okay as a Friday she's 30 birthday. Yes, very good. So very cool. So, what do you tell people when they say Oh, you did the impossible. You paid off $210,000 in three years. You're weird. You're impossible. That can't be done. What do you tell him? The secret to getting out of that is because it's not really a secret. I would say, um, for me, and then you know, whatever. You think that I would say for me, Um, you've got a number one. See success Early s O. You know, you can't be frustrated that it's not all going in one month, because that's not gonna be the case. You know, it took a lot longer than that. To get into debt. So it's not gonna go away that fast on Ben also, too. I would say you have got to be proactive about seeking out your own opportunities. Um, you know, along the way, you can't just say I'm gonna wait for good opportunities to come my way. You have got to really be proactive about seeking those opportunities out a man. About you, Belinda. I think just saying disciplined And I think it was really good cause we celebrated along the way. Like every time we would get $10,000 down, we would, you know, do something to celebrate. So it just Let it go by a lot faster. And just seeing the light at the end of the tunnel. So other than your mom and dad with the envelope system, did you What connection did you all have with us? I've gotten a lot of your books is Christmas guests so subtle way also got a I mean, we're already kind of doing Dave Ramsey before we got married, But we did get financial peace University for wedding as a gift. Well, you're becoming more more popular in the physical therapy. World. Students come out definitely wonderful show. We're big fans of that world. That's a fair trade. Very cool. Well, congratulations. You guys. I know your mom and dad are very proud of you. We're proud of you. Way to go, Nero. You took control of your life. This is an amazing thing you did, And if you could do this, you will be able to do anything. Financially. If you live like no one else later, you could live and give like no one else. That's right. So we got a copy of Chris Hogan's booked for you every day millionaires because that's the next chapter in your story for sure you're on your way..