Our Debt Snowball

 

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My family is on a fast track to get out of debt.  You can read our whole story here.

We wanted to share our story for three reasons:

  1. Accountability.  We want our friends and family to know our situation and goals.  There is a reason we haven’t changed the ugly light fixtures in our home and why we might not be able to grab lunch with you.  It’s not in the budget right now.  We have to live way below our means until we can get out of debt.
  2. Give Encouragement.  We want you to see that paying off debt is possible.  We are two teachers with five kids—you can do it too.  This blog will have posts about our debt-free journey that gives you tips on how we’re doing this in a hurry.  I’m always happy to answer any questions you might have and give our best advice.
  3. Receive Encouragement.  Every time I see that balance go down on our student loans you can bet I’m doing the Cabbage Patch in my living room out of sheer excitement.  But you guys, this is exhausting and super-not-fun.  There are so many times I want to give up.  We want to hear encouragement from you.  Maybe you’re in the same boat or have successfully gotten out of debt before.  Please share with us.  You can leave comments.

Below is our previous progress:

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