#debtsnowball

Our First Ever✨Budget_Queens Client has paid over $16k in debt in 6 months❗️Read her testimony below 👇🏼 @meegrogrs ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ “I remember thinking “I’ll never have any money, so I might as well just spend what I have on whatever I want.” This was my mindset. For as long as I can remember I was always anxiously swiping my debit card, not sure how much was going out, yet stressed about the amount that was going out each month. Thankfully, last year I had gotten a new job and was able to save a few thousand dollars but I had absolutely no idea what to do with the money. I was explaining my situation to Sam and in return she challenged me to make a budget and start the debt snowball. I knew about these ideas before because I read Dave Ramsey’s book. However, I never actually knew how to put the principles into action. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Sam sat down with me and we MADE THAT BUDGET and I also started the Cash Envelope Method. In that moment, I immediately paid off my smallest loan of $1000.00 to get my snowball rolling. Since that day 6 months ago, I’ve paid off $16,755.26!! The thought of a $300 monthly student loan payment used to weigh so heavy on my shoulders, but I am now prepared to make that payment plus more every month and watch that number go down. I’m so happy now that I have a plan for not just my money, but for my future (and my future family) and it is the most freeing, exciting, and empowering feeling that I have experienced in a long time. Accountability, guidance, and encouragement has been SO helpful in keeping me on track on my way to becoming debt free and the BUDGET QUEENS are where I find that support. I can’t wait to check back in a few months and say that I am finally “100% DEBT FREE!!” ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ #budgetlife #budgeting #cashisking #financialfreedom #finance #cashenvelopes #cashenvelopesystem #cashenvelopestuffing #daveramseybabysteps #daveramsey #daveramseycommunity #debtfreecommunity #debtfreejourney #debtfreeby30 #debtfree #debtsnowball #debtisdumb #moneymoves


1💬Normal

I think we can apply all of this to Thanksgiving next week too! You do you. This can be a hard time of year mentally, I know that first hand. It can be so hard to shut down those family members that always know which buttons to push, but you got this! #debtfreecommunity #debtsnowball #debtfreejourney #babysteps #babystep2 #eatthem #mentalhealth #happyholidays #debtisdumb #youdoyou #budgeting


0💬Normal

Today I randomly used a vacation day and spent the day walking around in a beautifully decorated small town with my mom. The holiday season is filled with hustle and bustle but today was slow and beautiful. The choice is yours this season. Pick the version you want but I promise slowing down this holiday season will provide you with a full heart🖤 • • #daveramsey #debtfree #babysteps #debtfreecommunity #gazelleintense #debtsnowball #budget #debtfreejourney #financialgoals #budgetlife #financialpeace #livelikenooneelse #financialfreedom #babystep2 #minimalist #minimalism #zerobasedbudget #debtisdumb #cashisking #llnoe #studentloans #sidehustle #payday #livelikenooneelse #studentloans #contentment #konmari #mariekondo #christmas #holiday


2💬Normal

Hey Everyone!!! Christi here! Just sat down and updated my debt snowball tracker! With the payments I make tomorrow plus everything else I have paid off so far this month, I will have OFFICIALLY paid off over $17,000 in debt!!!!!!! You can’t hear it... but I am so SCREAMING right now!!! Yayayayayay!!!!! #thesavingsisters #thebudgetmom #daveramsey #livelikenooneelsesoyoucanlivelikenooneelse #dfc #debtfreecommunity #debtfreejourney #liveyourbestlife #lovethelifeyoulive #loveyourlife #financialfreedom #goals #success #debtsnowball #savings #contentment #gazelleintense #singlesavings


2💬Normal

HAVING OUR PIE, AND EATING IT TOO 🥧 If you’ve talked to us this last year, you probably know that Joe and I have been working on becoming debt free. What you probably don’t know is that last year—two weeks before Christmas— we were sitting at our kitchen table crying because our bills were suffocating us. When we crunched the numbers we realized we were $600 in the hole every month just after paying our BILLS. That wasn’t including groceries or gas money or any other expense. We couldn’t even afford our daughter’s formula. Our world was crumbling around us. We asked my Dad for advice and he gifted us Dave Ramsey’s Financial Peace University. We accepted it but SCOFFED at the idea that we could get out of debt using his baby steps. We were wrong. Today, 11 months since we sat the that table, we became CONSUMER DEBT FREE. We side hustled. We sold everything in our house to the point our dog thought he was next. We ate rice and beans. And the funny thing is, I think we’ve been happier this year than any other. If you’re struggling... if you are sick and tired of being sick and tired... join the debt free community. If we did it, we know YOU CAN DO IT. We will be back in one year once we’ve kicked Sallie Mae out of our house and paid off our remaining $22,000 in student debt! Maybe I’ll bake a cake 🤔 God is good. Keep going. #daveramsey #debtfreecommunity #debtfreejourney #debtfree #budgeting #babystep #budget #financialfreedom #money #babysteps #debtsnowball #debtisdumb #daveramseybabysteps #debtfreedom #personalfinance #cashisking #debtfreeliving


5💬Normal

Anyone else hide the snacks after grocery shopping?! If we put all the snacks in the pantry, they’d be gone within 3 days and usually I stock up on packaged snacks every two weeks. Where do you hide the snacks? Or do you just tell them when they’re gone, they’re gone? #debtfreecommunity #debtfreeliving #daveramsey #daveramseybudget #daveramseycommunity #frugalliving #debtfreejourney #babysteps #babystep2 #daveramseybabysteps #debtfree #savemoney #personalfinance #financialfreedom #debtfreeclutterfree #debtsnowball #sistersdebtfreejourney


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When you know you made it in life #studentloansadventures #dollartree #budgetlife #privileged


3💬Normal

Money to crush my #debtfreegoals !🙌🏾 Working overtime tonight to make some extra money!💰 . When we budget we don’t include overtime, so all tonight’s money will be going towards extra debt payments!🎉 . Leave a comment below. How are you doing with your debt free goals this week?


5💬Normal

#TBT to the beginning of this year when we were featured by @voyageatl as a young couple teaching millennials how to become #DebtFree ⁣‼️ ⁣ Since then, we published our first book Got Debt? The 7 Bulletproof Steps to Debt Freedom (Link in bio), gave birth to our son Legacy, reached another milestone of paying off over $200,000 worth of debt in a little over 2 years, created debt payoff plans for individuals/families totaling over $2.44 million in The Debt $layers Bootcamp (link in bio), and we’re just getting started!!⁣ ⁣ Our vision for 2020 is even BIGGER!! We’re on a mission to help 5,000 people create a budget and a customized plan to tackle their debt. I’m talking credits cards, car loans, student loans, you name it!! ⁣ Follow my page @leo.jeanlouis join my email list (link in bio) and DM me the word “COACH” if you’re bold enough to declare that you’re breaking the paycheck to paycheck cycle in your life! ⁣ ⁣ Join the movement! Freedom Is A Choice!⁣ ⁣ ⁣ ⁣⁣ #entrepreneur⁣⁣ #gotdebt #debtslayersbootcamp #daveramsey #gazelleintense #babysteps #babystep2 #freedomisachoicemovement #debtfree #debtfreecommunity #debtfreeliving #budgeting #financialindependence #personalfinance #budget #debtsnowball #studentloans #dfc #sidehustle #financialfreedom #save #livelikenoonelse #debtfreedom #financialgoals #debtfreegoals #debtfreejourney #paidinfull #generationalwealth


4💬Normal

We are in the mist of holiday preparations this weekend. We're continuing with Christmas shopping, buying Thanksgiving ingredients, attending bday parties and planning our family photo outfits. This is always a busy time of year for us but what helps us stay organized is a huge color-coded dry erase board with a lot of remiders, upcoming events, and of course a years worth of sinking funds that are ready to be used (xmas, photos, gifts). I wish everyone some stillness before the chaos starts! . . . #debtfreecommunity #daveramsey #cashisking #cashenvelopes #sinkingfunds #debtsucks #debtfreejourney #debtsnowball #debtfreedom #livelikenooneelse #last90days #filofax #saffiano #plannerwallet #plannerlove #savingmoney #simplicity #lifeinthesimplelane


0💬Normal

If you have been following then you know that my snowball has been on hold for a little over 2 months to cash flow the dentist and Mazda repairs. Then I needed to put away my $1,000.00 EF before we restarted our snowball. • Our goals were to pay for Mazda repair in cash before the end of the month, stash our $1,000.00 EF BY 12/31/19, and obviously cash flow Christmas. • The money for the Mazda was completed by 11/5 (it goes in tomorrow to be taken care of 🙌🏻) so I had started to put away our EF with money we are earning from our second jobs. We came home from work on Monday to a check in the amount of $958.00. It was an out of pocket expense reimbursement for my root canal! 😮😮😮 • I am actually in disbelief. It is amazing the way the universe comes together to support your goals and dreams. Just like that our snowball is on the move again! Our final big goal for 2019 is to pay off our PayPal account. The current balance on this account is $960.43 and I am determine to make it happen! BRING ON THE GOOD VIBES! • How are you ending 2019? Have you started planning your 2020 financial goals yet? We have only talked minimally about our hopes for next year but once we have a clear set of goals and a plan I will fill you in!! • Happy Thirsty Thursday my friends 🍷😘 • • • • #debtfreecommunity #debtfreejourney #centralny #babystep1 #babystep1done #babystep2 #debtisdumb #daveramseybabysteps #everydollarbudget #debtsnowball #budgeteverydamnday #christmasisnotanemergency


2💬Normal

This is my mindset everyday. How can I build wealth using various streams of income? As of today, my husband and I have 3 retirement funds, and once our house is paid off, we will use this as a real estate investment. Am I content with that? For right now, yes. We are trying our best to be consumer debt free by early 2020. The goal is to invest more of our income into retirement to reach #financialindependence ❤ However, we are also open to other ways we never thought possible. 🙏 ❤ . . #debtisdumb #debtavalanche #debtsnowball #daveramsey #babystep2 #babystep3 #couponcommunity #cashenvelopes #gazelleintense #money #makemoney #budget #budgeting #budgetlife #investing #investment #financialfreedom #financialpeace #debtfree #debtfreecommunity #income


7💬Normal

Money is for making things happen! • • • Have you ever seen a sad person on a jet ski? 🤔EXACTLY! Money can’t buy happiness, but it can give you options & the freedom to the lifestyle you desire. It also allows you to do things that make you happy. Having money can reduce stress & anxiety, which is the opposite of happiness. My Currency Canvas is all about creating your finance future & the lifestyle YOU desire. Money allowed your frugal friend to escape Corporate America to live my dream of traveling the world. Having money helped pay off bills & become DEBT FREE, now the stress of owing creditors has been removed. Ready to live your best life by making your money work for you? Check out mycurrencycanvas.com to get started today. Link in bio! 😊 • • • #mycurrencycanvas #yourfrugalfriend #debtfreefundamentals #daveramseybabysteps #goals #accomplishments #savemoney #financialfreedom #financialadvisor #financialadvice #buildwealth #debtfreecommunity #debtfree #debtfreegoals #financeblogger #personalfinance #personalfinanceforwomen #frugalliving #frugallife #frugalmom #suzeorman #fpu #budgeting #studentloandebt #success #entrepreneurlife #entrepreneur #debtavalanche #debtsnowball #funnymemes


4💬Normal

Thanksgiving cash envelopes: In bank account using the tracker in picture for fuel ($300) Hotels ($200) and tolls ($75) Shopping: $200 Megan: to pay mu cousin for doing my hair. Cut and color 💇 $100 Essenhaus: $150 Amish restaurant in Indiana for the 4 of us. Cheese factory: $60 Amish cheese Fun: $100 Casino. Meet relatives there Food: $200 Misc: $100 for anything unplanned Christmas envelope (this is my usual Christmas money that wasn't included in my budget for Thanksgiving) $130 I'm bringing with me. I'm looking forward to this vacation with everything budgeted. Hoping for money back to put towards Christmas but if we want to splurge we can! 🤑💰💵💸🎄 #budgeting #budgetenvelopes #budget #debtfree #debt #debtfreecommunity #debtsnowball #envelopes #cashenvelopes #cashenvelopesystem #stuffingenvelopes #creditcarddebt #payingoffdebt #budgetmom #budget #wegotthis #savingmoney #moneysaved #debtfreecharts #debtfreejourney #goals #november #vacationsavings #vacation


0💬Normal

I checked my credit score and report on @creditkarma after seeing @makerealcents post (thanks for the reminder!). It’s free to use!! Highly recommend 😉 ▪️ Ever since embarking on my #debtfreejourney I have seen my score increase because (i) I make timely payments and (ii) have lowered my credit utilization 👉🏼 swipe to check out the factors that impact your score. But I’ve heard from people that once they *completely paid off their debt, their scores decreased dramatically. In fact, yesterday I saw someone post about their credit score dropping post debt freedom (can’t remember where I saw it 🤦🏻‍♀️ please tag the account if you know who I’m referring to). ▪️ So I am posting what my credit score is BEFORE I become 100% debt free (next month!) I want to see if my credit score drops, and if so by how much. 🤔 I’ll keep you all posted! ▪️ So tell me - did you see changes in your credit score when you *completely paid off your debt? And for the rest of my Fam on this #debtfreejourney, what kind of changes have you seen in your score since starting the journey? Leave below 👇🏼 . . . #budget #debtfree #debtfreecommunity #debtfreegoals #debtfreejourney #debtfreeliving #debtsnowball #debtsucks #financialfreedom #finances #personalfinance #minimalism #wealth #zerobasedbudget #zerobasedbudgeting #youneedabudget #everydollar #studentloans #studentloandebt #lawschool #lawschooldebt #lawschoolloans #FIREcommunity #earlyretirement #entrepreneur #womeninmoney


9💬Normal

Americans have been borrowing to buy their cars for decades, but auto debt has swelled since the financial crisis. U.S. consumers held a record $1.3 trillion of debt tied to their cars at the end of June, according to the Federal Reserve, up from about $740 billion a decade earlier. The average monthly car payment was $554 for a new vehicle and $391 for used vehicles in the U.S. during the first quarter of 2019. This data is a scary fact about consumer debt and I've also fell into the trap but just like you I've decided to turn this around! Who will join me on my journey to pay off my car debt and instead invest that money into the stock market? I will provide monthly updates about the status of my car debt and post it in the highlights.


5💬Normal

This is my current balance of my loan I’m working on! My $600 payment I made yesterday all went to this Sallie Mae loan with that HUGE interest rate! The interest has been killing me and this loan alone is why I decided on the #debtavalanche method! What method are you doing and why?? Avalanche or Snowball??? ❄️ 🏔


1💬Normal

My worst category in my budget that ALWAYS goes over what we allocated is FAST FOOD. The kids are sooo picky and mainly only eat fast food . I food prep once a week for my hubby and I lunch and dinner. So this month we will hit about $800 in fast food. It makes me sick to my stomach to add it up, but it needed to be done! So now that I see it I will make a chart to try to get it down $100 a month until it hits around $400 monthly. So next month goal is $700 still a lot, but baby steps!! Once I can get it down to $400 then I can toss that money at the house or savings or BOTH!!! Keeping it real even if it’s embarrassing #babystep2 #debtfreecommunity #babystep1 #debtfreejourney #debtsnowball #daveramsey #babystep3


6💬Normal

So far this month, we’ve put 19% of our income towards paying off my student loans! 🙌🏻 Hoping to make another big payment by the end of the month too! 🤗 • • • ...and all I can think about is how one day that could be our SAVINGS rate! 😱


1💬Normal

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