Eric made the last payment to the last credit card today. We are officially debt-free except the mortgage.
We’ve been dinking around with this for about six years, but three years ago we took Dave Ramsey’s ‘Financial Peace University’ class. That really lit the fire. We’ve paid off three cars, half a dozen credit cards, and tutoring tuition. I’ve lost track of how much it actually amounts to, but it’s in excess of $50,000. Eric says it’s closer to 60 or 70, but that just seems like a huge number to me. Next up is saving up next year’s tuition and building up the emergency fund.
This is going to feel really great when it finally sinks in!