Dumping Debt, Dave Ramsey style

One of the first steps to dumping debt. Cut up those cards so they can't be used any more.

Life is changing around here. Willie and I have started Dave Ramsey’s ‘Financial Peace University’ and it is creating major changes to the way we do things. I am so thankful to be rid of the cards (if only the debt on them went that easily!). With $1,000 in savings, next step is to attack our debt with gazelle intensity. For us, that’s included selling, selling, selling on Craigslist (nearly $350 brought in so far and lots more to go), cutting back in many areas, and looking at increased employment. For instance, I tested for a census taker job this morning. Evening and weekend work, $17.50/hr. Not my ideal life, but a great solution for the short-term. Jobs will last through September I’ve been told.

Now we watch for the challenges that come whenever a good thing is started.

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2 Comments (+add yours?)

  1. Joan
    Mar 26, 2010 @ 07:28:48

    Awesome steps, Bodgers!!! Congratulations as you say “good-bye” to the credit cards! You will learn to live within your means and realize a freedom you’ve not had for a long time. Very proud of you!! xxoo

    Reply

  2. Aubrey Cranson
    Mar 26, 2010 @ 18:19:34

    GO GO GO!!!! Living on a cash budget is great; you quickly realize what you need and don’t need to live a happy and productive life!

    Reply

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