Wednesday, July 27, 2011

One Year Anniversary--Debt Diet

YAY!! We've made it. A year ago today we started on this journey to become debt free. If you haven't been following along since the beginning you can get all caught up on our debt story here. Rather then writing a whole long post about all the challenges along the way and our determination to make it past this financial "hurdle" (that you've all heard before), I'll just share the highlights today. :)

-A year ago today we owed just under $38K on all our school loans.
-Today, we owe less then $8K! :)
-During this year we've paid $29, 959. 58 (not that we're keeping track! ;)) on school debt.

We didn't even imagine we'd be this close in just 12 months. It's so exciting!

This how we feel today--like we're soaring. It's so worth celebrating today! :)

Making it to this place, seeing that large of a number paid off in a year and now being in the "single digits" left, has been worth all the sacrifices we've had to make. 

Thanks for all your support and encouragement along the way too. We are grateful for friends that have come along side us to stay focused and make this goal a reality, hopefully in the near future. Thank you!


  1. Congrats Chelsea! This is so amazing!!

  2. Thank you! We are really excited! :)

  3. That is so exciting and encouraging!!

  4. Congrats! This is an awesome achievement! We too are struggling with student loan debt. I would love to hear more about how you accomplished this!

  5. Thank you Sarah!! You can look back throughout the blog to find all our tips! :) But the main changes we've made are to get on a strict cash only budget and cut A LOT out of our lives for a while (that doesn't mean we don't have a TON of fun though! ;)) I've also worked really hard to keep our household expenses down. Everything we've saved we put on our smallest loan balance until it was paid in full, then we tackled the next lowest, etc, until now we just have one left! :) Hope that helps give you some ideas.


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