Debt Reduction

We Did It – We’re Debt Free

March 18, 2011

As of today we have paid off over $70,000 in consumer debt. We started on this journey in January 2010 with $70,744.32 in debt and as of today, we are at $0. My original plan showed a pay off in 3rd quarter 2011 but due to hard work on our end, we were able to [...]

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March 1 – Baby Step 2 Update

March 1, 2011

I last updated our baby step two progress on February 11 because our debt broke the $10k mark – woo! At that point our remaining balance was $9,824.16 and we’d paid off 86.1% of our debt. We were close to our my 3/1 payoff goal of 88% and we still had my self-employment income and [...]

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Our BS2 Total is Under $10k!!

February 11, 2011

I don’t want to sound like I’m bragging because I’m not – I am so unbelievably humbled and thankful for the blessings that we’ve received over the past year or so. Today our Baby Step 2 Total is under $10k! I was expecting some money this summer but it came this week and the payment [...]

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January 28 – Baby Step 2 Update

January 28, 2011

Happy Friday! It’s that time again – Baby Step 2 Update. Here’s our progress year-to-date with the most current figure at the end: January 1, 2010 – $70,744.32 (I admit to having this number memorized) January 31, 2010 – $66,775.51 (5.7% paid off) February 24, 2010 – $66,173.36 (6.5% paid off – we paid cash [...]

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Watch: The Shaytards Debt Free Scream Video

January 18, 2011

Watch the Shaytards Debt Free Scream video – it will definitely put a smile on your face! Congratulations to you for paying off about $195,000 over the last four years and sharing your call with everyone! Seeing it brought tears to my eyes – I’m so very excited for you!

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My Personal and Business Finance Goals for 2011

January 1, 2011

Happy New Year! I’ve been thinking about my financial goals for 2011 for several days now. While 2010 was a great year in the Six Figures and Broke household, we are preparing for an even better 2011. To help keep ourselves accountable again this year, we’ve decided to share our personal and business finance goals [...]

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