Louisville, Sir Bond, Ramsey Solutions discussed on The Dave Ramsey Show
Of that account comes the power to help with college selection comes the power to require behavior while you're in school comes the power to these are all the powers. I exerted over mind control freak yep money. I love my kids. Not gonna do anything for them. That's not good for them. My money do what i say how that works. It's going to behave you're going to class. You're going to graduate in four years ding ding. This is the dave ramsey show <music>. John ashley are dr in the 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 be wonderful and all the way down here to do debt free scream. Yes sir bond. How much have you paid off. We have paid one hundred sixty seven thousand right. How long did this take 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 to oh very good good for you guys 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 there. I'm looking at where people say about normal normal socks and you're not it way to go guys. You're young to have a paid for house. How old are you ask. I'm thirty one and thirty year old. Life looks like she's twenty five aw because she's got no debt that's great man how fun five and a half years so you start this whole thing in your early twenties saying twenty four twenty three years old you. 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 a guest but i know that it's paid for that's. It's okay to gas go wow and so you had no dad at that point 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. Require collect 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 took the foundations course yes sir. Oh my gosh our curriculum. Although we were young and married we'd probably didn't make the best choices. I don't 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 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. That's good. That's a good way of looking at it the money thing such a big thing. Let's get that right and then we'll work on other good very good fun so you lean into the mortgage and you pay off a hundred and sixty seven in five and a half years so oh 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 four finished our basement so we did like one hundred eleven eleven thousand in the last two years. Oh wow yeah 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 years. Ago could really see the light at the end of the tunnel. There's not a trained analysts. Knock this out. That's right sprint finish yeah good guys. How's it feel you. You're thirty years old. Union payment feels pretty good life. Baby step six was pretty good. I mean we had some good. Things took some trips all that stuff but life baby step seven is pretty awesome. Yeah you're gonna be so rich and you're going to be so generous. You've completely changed your life and your family tree. That was so proud of you. So did you have.