It seems like we constantly get asked ''how do you guys budget’ or ‘’what did you both do to get out of debt so fast’’?
About 9 months before Tom & I said ‘’I Do’’ we made the choice to put our finances together. At first it wasn’t really an easy process for me (Kim) because my debts were now our debts. Marrying into debt is a huge responsibility to take on. Luckily with wisdom and the Holy Spirit guiding us we have been able to achieve getting $6,000 out of debt in a year ½. I (Kim) have one more CC to pay off, with a goal date of Sept 1st, and we will be DEBT FREE!!!!!
As I was researching for our upcoming E-book, I came across these shocking statistics: The average of credit card holders in the US is at 46%, which averages to a gut wrenching $798 billion dollars. About 43% of those Americans are spending more than double of what they make yearly in credit card debt. Not only that, out of 21,051 newlyweds surveyed, 66% of them married with $5,000 or more in debt. Debt is one of the top 5 stumbling blocks in marriage.
Tom & I have it on our hearts to share our experiences with other how we were able to get out of debt so quickly and now on the road to living a healthy financial lifestyle. We hope that our stories inspire our readers to live a prosperous lifestyle as well!
Keep checking back for more stories, tips, and hopefully a few posts by my handsome husband, Tom.
-Kim
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