Financial Freedom!!

We are getting closer day by day to financial freedom. I am so excited to say that. We've been working on paying off debt since we took Dave Ramsey's Financial Peace University class while I was pregnant with Elijah (2005). There have been times when I didn't think we were doing very while and other times when we were doing really well. There have been plenty of times when we had to go back to baby step 1 ($1000 in savings account) and start over. We had made a huge dent in our debt -and then we built our house.

Since we moved into the house in December, we've had some trying financial months, primarily due to an unexpected delay in our tax refund and me being out of work on maternity leave for 14 weeks. God has taken care of us and has provided for us and has blessed us in SO many ways and we made it through. I can't tell you how many times I wasn't sure how a bill was going to get paid and God provided it for us. Our wonderful friends and family helped us through and I'm so very thankful and we will never forget it. We can't wait to repay you by helping others in the future (and by paying you all back). But, I've digressed....

I've been working for six months on getting our house refinanced into a fixed rate mortgage before the interest rates begin to go up again. On July 20th we finally signed the paper work and got a great interest rate. Additionally, with that loan, we paid off 3 very large debts. You wouldn't believe that we added those things into the mortgage loan and our house payment hardly went up at all!! An additional bonus - since we don't have a house payment until September 1 now, I'm paying off several other bills this month also. Can you tell how excited I am?? (If not, I'm very excited) We are so close to financial freedom and I'm chomping at the bit to get there. I think that before 2011 is over (and maybe much sooner) we will be down to only our mortgage and my student loans.

We couldn't have done this without lots of help - Dave Ramsey, friends and family, but mostly God

If you aren't on your way to financial freedom, I highly recommend it. The sense of freedom and the burden off your back is so worth the effort.