When we first started our debt free journey I was afraid to share our debt total. Why? I guess the main reason was because of embarrassment. I am growing and growing and no longer feel embarrassed to share our debt free journey freely.
If you have shared your debt free journey I know how hard it was to put it out there. I also know what an encouragement it can be for other that are on this journey. As you can image this is a vulnerable post.
If you know anything about Dave Ramsey, you know that he has what is referred to as "Baby Steps" to follow. We have completed Baby Step #1. If you are unaware, that is saving a $1000 emergency fund.
Here is a link for free debt payoff tracking charts, including the one above.
That money is safely tucked away. Instead of moving on to Baby Step #2 we are starting another Savings Goal Chart for $1000. The reason is to have the funds to pay to have a dead tree removed. After that is complete it is then on to Baby Step #2.
All of our credit cards are cut up and no longer in use.
Here is our current debt:
Personal Loan $ 2,000
Furnace Loan $ 2,100
401K Loan $11,080
Our 401K loan is combination of several things. It includes the repair of our septic system, credit card debt and medical debt.
Some may look at this total and think it's nothing. For us, it's a lot of money. It won't be paid off over night, but as we all know slow and steady wins the race.
Difficult roads often lead to beautiful destinations... keep moving forward, friends.