Wow! A paid for car in just 5 months. Great job of kicking things into high gear! 💪
#Repost jordyjean
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This Valentines Day instead of giving each other small tokens of our love, Stephen and I gifted each other with FREEDOM FROM DEBT after paying off Carol Lee (🚙) in 5.5 months since we bought her.
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A couple of months after we bought the car we started listening to daveramsey really consistently and read his book "Total Money Makeover". It made us start to question our decision to 'buy new' even to the point where we talked about selling the car and buying a used one with cash. Ultimately, we decided to keep the car but get it paid off FAST. So that's exactly what we did.
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I don't say this to brag. I say this in hopes that it makes you think a little bit about your spending just like it made us. Before listening to Dave's podcast we honestly looked at the money we spent on the car every month as if it was a rent payment. A car payment is not the same as a rent payment though. No...