WE CAN'T KEEP THIS SECRET ANYMORE

This blog post is my favorite all time post!! I've erased and rewritten this post over and over. This post so personal to me but such a big accomplishment for Andrew and I. So here it goes....

The life before having babies….

Andrew and I are not big spenders. We live a very simple life, no glitz and no glam. But what we dreamt about retiring early and one day living the life that we want. We want travel more, spend more time with our kids, and whatever the heck our hearts desire. The how to do it was what we didn’t know how to do. We’ve both read many financials books and followed many bloggers to help us figure it out, but we were still unsuccessful coming up with a life game plan. 

Fast forward….we had our son…

We created our own plan to pay our debt down, but we had a baby and I was on maternity leave so we needed the money…well we thought we needed all of the money Andrew was bringing home to survive. That means there is no money left over to pay down our debt.

One day during my maternity leave, I decided to calculate how much we needed to survive and how much we can really put towards our debt. I created this spreadsheet that didn’t make sense, but it was sort of put us in the right direction. 

At that time I was reading a lot of photography bloggers, because I was learning how to build my own photography business. They kept talking about building a business debt free and paying cash for their equipment. How did they do this? They were all following this guy name Dave Ramsey. So I went onto Amazon, purchased Dave Ramsey The total Money Makeover: A Proven Plan for Financial Fitness

We finally got some guidance!!

We both agreed that for the next 2 years we were going to live minimal, give up trips, limit eating out, and really focus on our debt. We both did not want to be hustling when we were 50 or 60 years old. We wanted to change the way our son makes his financial decisions. Dave Ramsey said, “If you will live like no one else, later you can live like no one else.”

Buckled down and we focused! 

Magic happens my friends!! It truly does when you set a goal and you just freakin go for it. Andrew and I paid off $114,000 in debt in two years. Yes you heard me, we paid of $114,000!! 

No more school loans. 

No more credit card debt. 

No more car loans. 

We felt like we lifted Mount Everest off our shoulder. 

Now we have budgets for doing the things we want to do.

We pay things in cash. 

Life has been amazing and I know it will only get better. 

So yes..I GOT 99 PROBLEMS, BUT A DEBT AIN'T ONE!! 

I truly hope this inspires you that you debt does not have to be part of your life formula to living the life you want and doing what you're passionate about. You can pay everything cash!! 

If you have friends, clients, or colleagues, who is drowning in debt and does not see the light, please share this post with them. 

Please comment below if you found this post helpful or have any questions. I'm here for you!! 

xo, 

Sheng