Thursday, August 27, 2020

Kaligh X

9 years ago my husband and I set out on a journey to change our lives and the way we live. Not many people today understand it but after finding ourselves homeless, broke, and in debt a few months before our wedding we decided we never wanted to be like that again. We got married while we were homeless and the cabin on our cruise boat was the first private room we had in several months (our wedding/cruise was prepaid so it still happened). We started attending Church soon after and Financial Peace University was being offered that Fall of 2011. We decided (Well I decided) we were going to see what it was all about. We started our relationship as roommates and were still treating our cash accordingly. We were challenged in FPU to combine our money during the class. (I didn’t want to be responsible for his debt so this was really hard for me). We combined our money and jointly set the task before us to get out of debt from the credit cards, cars, medical bills, etc. It took us a few years to pay everything off but we did it and it’s been an amazing feeling to not have anything hanging over us. But it has always been a dream to be COMPLETELY debt free including our home. Today is the day! We finally made it! We are DEBT FREE INCLUDING OUR HOUSE! The journey has not been easy. We definitely have had to live like no one else to make this happen over the years. But by using biblical principles in managing our money here we are. 33 yrs old and DEBT FREE. Pandemic or not 2020 is a year I will always remember! I hope our story brings hope to others. If we can do it so can you. Stick with the plan and it WILL happen!

Monday, August 24, 2020

Mark N.

 Can I share with you what God did? The year my wife and I got married, I spent 3 months in the hospital fighting for my life — battling AIDS, with no immune system. And due to mounting medical bills, college loan debt and credit cards, our house was foreclosed on and I had to sell my vehicle. Needless to say we were broke. Then we met Dave Ramsey and Financial Peace University, followed his baby steps and were faithful in our tithes. In the months and years to follow God showed us His faithfulness. Within weeks of graduating from FPU, my wife and I prayed and we felt led to leave behind the increasing costs of renting an apartment and purchase a mobile home or RV. I was working at a children’s home (a large residential campus that included a small campground) and it was the plan to move the mobile unit onto the children’s home campground, which would eliminate our rent and utilities — giving us the ability to pay down more debt with gazelle intensity. Within a week of looking, we found an used RV for $8,000, but after looking at it, the owner said, “I need to know tonight, because I have someone else interested.” Well we knew then that this was not from God, because we all know what Dave says about large purchases... wait at least 24 hours. So we waited, and the next week, I was hosting an event for donors at the children’s home, and within a few minutes of welcoming guests this couple that I had never met before came up to me and said, “we need to talk to you.” I pulled them into a separate room, and the husband proceeded to say, “we have a brand new motorhome that we would would like to donate, so you or another staff member can live in it.” I was blown away by the greatness of our God. A few weeks later, they delivered this class A Winnebago and my wife and I moved in. This couple came to visit us in our new home on wheels in the months to follow, and said to us, “we had no intention of donating the RV until we drove onto the property that very first day, and the Holy Spirit told us someone here needed it.” We know through obedience, God will supply every one of our needs according to his riches in glory in Christ Jesus. We give Him all the glory!

Sunday, August 16, 2020

Leigh A


Two years ago at age 30 we finished paying off $160,000 of student loans and 2 days ago (for my 32nd birthday present) we paid off our mortgage!! 

The teller at the bank said, "Wow, that is quite the accomplishment at your age"! But my husband and I can officially say we are debt free.

The journey seemed like a long one, but after only 5 years, we can look back and say we made all the right sacrifices because this feeling is the best feeling!

Had to share here, because I knew you could all relate to the journey, the struggle, and the sacrifice. I really want to shout it to EVERYONE I know at the top of my lungs, but I knew this was the only place that would truly understand.

Monday, August 3, 2020

Federal Student Loans

Student Loan Borrower: Don't wait on congress for more relief.

Federal student loan borrowers haven't had to make payments since March. But without continued government intervntion, those unable to pay can expect long waits for help come October when bills are scheduled to restart. Automatic interest-free forbearance provided by the first coronavirus relief package was not extended by the Health, Economic Assistance Liability Protection and Schools Act proposed by Senate Republicans. There's no additional relief for studen loan borrowers in the proposal.