After being overwhelmed by having $52,000 in debt outside of our mortgage, my wife and I made a decision to change the way we handled money. We began to research how successful people managed their money and found out that we were doing it all wrong. You see, we used debt as a way to have what we wanted in life. Although we were able to fulfill our desire for immediate gratification, we began to feel the weight of the debt on our shoulders. Because this weight was so heavy, we made the conscious decision to get out of debt quickly so that we didn’t have to feel this way any more. We set a goal to pay it off in 18 months and it seemed impossible at the time. However, I knew that it was basically just a mathematical equation. We either needed to make more income, decrease our expenses, sell stuff that we didn’t need or all of the above.
Well, 18 months later we were able to pay off all $52,000 and it was truly a liberating feeling. It took a couple of months to sink in, but once we realized that we didn’t have to make those debt payments anymore, the weight was lifted from our shoulders. Because we were able to pay off our debt so quickly, we were featured on the US News and World Report which then lead to a live interview in New York City on Fox News. We feel so blessed to have had these opportunities and that we get to share our story with others who are looking to get their finances on track as well. I enjoyed this process so much that I decided to turn it into a career. I quit my job as a Financial Planner so that I could become an entrepreneur and help people with their finances. I also created an online class called Debt Free in 18 Months to help people that were in the same situation that we were in. Today I spend my time doing Financial Coaching and speaking at different venues about various topics related to managing money. If you have a question about your financial situation, contact me today and I would be glad to help out any way I can.