One year ago, we were in the middle of Financial Peace University. It rocked our world and changed our financial future forever. Now we are debt free, have a 3 month emergency fund, and are saving for a house and baby, and investing for retirement. That is a world away from where we were, and we owe it all to the Dave Ramsey plan. Because we believe so strongly in his plan, when we heard our church was offering the class we had to volunteer. I can’t make it every week because of my work schedule, but Jed is committed. He is a gifted teacher, and is so excited about sharing our journey with the folks in the class.
He had class tonight, and the 15 people added up their debts (consumer – non house) totally $304,000 for the group. Wow. I can’t wait to hear their stories of freedom in a few months or years. The class is 13 weeks long, and according to Dave’s website over 1 million families have already gone through it. Each family pays off $5300 in debt and saves $2700 in just 90 days on average. That is truly awesome.
I think this may be Jed’s new ministry. He gets so fired up about financial freedom, and loves sharing it with everyone he knows. Being able to do so in an environment where people actually signed up to hear about it is a great fit for him. I want to support him as he helps others along in their financial journey. Hopefully he can officially become a FPU coordinator and lead more classes. Teaching others will help to hold us accountable as well.
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I/we are so hopeless with money, part of me would love to do something like this, part of me thinks it’s really scary! I admire you guys for where you are financially, it must be great 🙂
While our lifestyle is inexpensive by American standards, the lower salaries here in Mexico make it hard to save!
Still, we have a cute rental house and no debt, so I shouldn’t complain!
LOVE Dave Ramsey! His books are straightforward and easy to understand. My husband and I are proud to say that we live well below our means in order to avoid debt and keep me home with our kids. Understanding the whole idea behind “Debt is dumb, cash is king” changes your entire perspective. Be the new Joneses and set the new standard!
Good job! We are almost debt free, but this is with two unexpected blessings. (Which is way more expesive than anyone let you know ahead of time). Congrats!
Love Dave Ramsey!! My husband and I started his class in January and our lives will never be the same. I’m so thankful!!