My final decision to eliminate debt forever
I have been listening to The Dave Ramsey Show daily and finally have come to a decision. Debt freedom is not a fantasy. I listen to callers talk about becoming debt free and living debt free.
There are so many inspiring people who call in to the show to tell about their journey to debt freedom. April and I have already taken a few steps to becoming debt free.
We have not used credit cards in almost 2 years. People have asked how we have done this. But don’t you need a credit card for emergencies? No. I used to believe that until I ran up about 10,000 of credit card debt. This has since been paid off. Credit cards will get you in debt very fast.
So how do we handle emergencies? We have an emergency fund. That right, we have cash in a bank that we do not touch unless it is an emergency. When you have cash you will spend less. It has been proven that people who use credit cards will spend more.
I just received The Total Money Makeover written by Dave Ramsey. I will be discussing more about my journey as I read the book and implement the steps necessary to become debt free.
My big goal is to get my wife on the same track as me. In the next few months I will show her how we will make a total money makeover.
