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7.03.2008

Approximately $50,000 to $0 in 5 Years

As of today, we are completely and gloriously debt free! We just paid off the balance of our last school loan, so now we have no education debt, no car payments, no credit card balances, no mortgage, nothing owed to anyone. We're so grateful for the teaching we received early on in our marriage about the principles of financial stewardship and for the money-savvy friends who helped us put together a practical plan to pay everything off as soon as possible. Thank you, Lord, for providing!

15 comments:

alison said...

Kudos!! This is awesome! We're on our own debt-reduction plan. We've paid off about $7k so far this year, but we have a ways to go yet. At least I know it's doable! :)

Lauren said...

Wow! That's incredible! Congrats.

Elisabeth said...

That's wonderful!

Amanda said...

That's HUGE -- congratulation, Andrea & Aaron! You're an example to us all.

jadunham said...

That's awesome! Go celebrate with a nice dinner :)

gracechild said...

WOW!!! that is awesome. You should do a post with some tips on financial stewardship. Stewardship is my moto for the year but I'm not sure I have it fully figured out yet.

Katie said...

Yay! Thank you, Lord!

Mama Whitney said...

I haven't read your blog as consistently as I have in the past so it was fun catching up on how you guys are doing. Praise God for being debt-free! May that bit of kindness from the Savior encourage you guys all the more in other areas of your life. Indeed His plans (and timing) are good!

Jen said...

Wow! That's an amazing accomplishment!! Congratulations!

Mya said...

That's pretty amazing. Congrats!

Vacant Uterus said...

Wahooo!! What a great feeling!

Hey, wanna pass on some of those tips?

xo

Hope said...

That is awesome girl! I got some debt you can have if you want it :)

loved the recipe too!

GLouise said...

Wow, now that is awesome!!! Now, how do you not have a mortgage??! :-) That's our only debt for now, and for a long time! :-)

andrea_jennine said...

glouise, we don't have a mortgage because we haven't bought a home yet. We're still renting, but that will likely change soon, Lord willing.

Alex & Jill said...

WOW!! This is wonderful! You should share how you did this... :)