Louisville, Kentucky, Ramsey discussed on Dave Ramsey
Lobby of Ramsey. Solutions, hey, guys how are? Ya, hey. Dave thanks for having. Us. Absolutely where do you guys? Live we live in, Louisville, Kentucky. Wonderful and all the way down here to do your debt free. Scream, yes sir. Bond how much have you paid off We have paid one hundred sixty? Seven thousand a right how long did this take about five and a half years okay cool and your range, of income during that time so started off, at about, eighty and then through. Variety. Of income sources ended about one sixty. Doubled it very. Cool what are you guys? Do for a living. So my husband's a physical. Therapist and I stay at home with our kids and since being coming debt free I've started a family trouble block. To oh very good good for you guys. Fun so one hundred sixty? Seven thousand dollars that's a lot what all does that include that'd be our, house you paid off your house I'm looking at where. People, and. You know what? They, say. About normal normal socks. And. Your way to go guys? You're young to have, a, paid. For house how old are you guys I'm thirty one and my. Thirty, year old. Wife looks like she's twenty five Because she's got no debt Great man how fun. Five and a half years so you start this whole. Thing in your early, twenties you're saying twenty four twenty. Three years old you get have you say we're? Gonna pay off our? House what's the house worth it's probably. Worth about two, seventy five that'd be aghast but I know that it's paid for Yeah it's okay to guess Wow and so you had no dad at that point except the house and. You decided to go ahead we're. Gonna pay off this house really what? Inspired you to do that. It's such a young age so we actually part of our senior required curriculum for our school was your course and thought that was such a great way to. Have such a good foundation so we got married at nineteen and. Twenty. And senior high school yes you. Took the, foundations course. Sir my gosh our curriculum so, although we were young married we'd probably. Didn't make the best choices I don't also think we made any horrible choices and so that started us. Off on a good foundation and, then when we got married we kind of just looked at it the marriages around us and it seemed like finances were either abundantly blessing marriages. Or just absolutely destroying, them and we? Felt like you know what if we can just, do one thing really well this is. A, good place. To start no that's good that's a good. Way, of looking at it The, money thing such a big thing let's get that right then we'll work on other. Stay good very good, fun so you? Lean into the mortgage and you pay off a, hundred and sixty seven and five and. A, half years. So that's like thirty thousand bucks a year Yeah we we did some things along the way. On the front end we had to buy a couple of cars paid for finished our basement so we did like one. Hundred eleven thousand in. The last two years oh wow that's a. Really, really got. To the point where it's time to knock. It out all the way so you reach you. Looked up a couple of years ago. Could really, see the light at the end of the tunnel, that's not a, train let's knock this. Out sprint to the finish. Yeah good guys how's it feel you. You're three years old you don't even have a payment feels, pretty good life. Baby step six was pretty good I mean we had some good things took some fun trips all that stuff but. Life a baby step seven is pretty awesome Yeah You're gonna be so, rich and you'll be so. Generous you've completely change your life in your family. Tree that was so proud of. You so did you have? Cheerleaders We did I think one of the things that we looked at was this was. Something we were really doing for us so between the two of us. That was really what we tried to make sure this was building our relationship with each other one. Of the things that we did find that was kind of funny it seemed like a lot of people are specific income is the only income this plan. Would workforce so we've found a lot of people that made more than us and didn't need this plan or, made less than I think. It. Would work for them so, it's kind of humorous for. Us along the way just to kind of see. Because we just worked playing went. Along and did it wow Yeah your specific income because everybody, else's yeah that works for. You People like may, yeah yeah so. You, have people saying you're, crazy maybe not. Crazy. But maybe close yeah maybe good. For, you but not for Thing? Yeah, which is pretty much, saying you're crazy So who is your? Best, and biggest cheerleader other than each other I mean all our. Family has been super super supportive and, cheering us, on the hallway so we haven't. Had anyone that has you know just acted like we were insane That's good very cool, and along, the way you had some kiddos Yes sir And what ages in name's Braden and six and. Avid, gills. Four, okay Down to. DisneyWorld. After. This Oh yeah well we, gotta stop buying see day, but? Mickey is. Saying man right that's right bring it Mickey happiest place on earth. Or, whatever they. Call it yeah very fun happiest place on earth is called your street address Four. Hours yeah that's a dull Disneyland right there man Well done you guys so well then what do you tell? People the key to getting out of debt as well we hear people, talk about all the time and talk about your y and I. Think that's that's the answer that we would land with and so one of the things that I, look at from watching. Some? Cynics video from the beginning you gotta define that why until it's so tangible and. So clear and so specific that it, gives you goosebumps and if you're so inspired by that the mechanics of doing a budget in the. What the outcomes of the baby steps along the way it's just you're going to do it? Because it's just you're so inspired by what, you're doing probably when I was, probably fourteen years old I was listening to the radio and this, guy was kind of screaming and ranting a little bit and. He said something that stuck with me a little bit and here's what you said didn't opportunity is missed by most people. Because it's dressed in overalls and it looks like work, and so when you're inspired to do something like that the extra. Work is a blessing and the opportunity to, do that just become something that it's not necessarily easy but it makes it so clear so worth it. When, you know exactly why you're doing. It And so for us our why in a very, practical way is we want to honor the Lord with our finances. We want to improve our marriage we know that it will improve our marriage we know that it, will approve our legacy. That? We leave for our children we wanna have give crazy generously and we want to. Have a lot of fun traveling so, that gets us excited you're going to get to do every bit of that and more well done. You guys I'm very proud of you that's so neat fourteen years old he's listening to the? Radio you take the class as a high, school senior our high school curriculum, which those of you out there that don't know we've got a, high school curriculum call foundations and personal finances now in about. Fifty three percent of the high schools in America are now teaching it thanks so we're getting there but while you guys. Are you're the fruit of that are edges are Ed, solutions team will be so thrilled to hear this particular debt free. Scream very very cool good stuff good stuff, well done you guys very well done we've got a copy of Chris Hogan's book for you Retire. Inspired and that's the, next chapter to be millionaires and outrageously generous which is your plan. Obviously. Well done John Ashley. Brandon Abigail from Louisville on the way to Disney stopped buying the debt free scream. Hundred sixty seven thousand paid off five and a half years making, eighty, to one, sixty that's. Their house. And, everything at thirty one years old. Counted down let's hear a debt free scream is ready Three two.