Here at His & Her Money, we love to talk about finances. But we also LOVE to talk about marriage and family life. Everything in a marriage is shared, including the finances – and everything that comes with them.
Sometimes both sides come into a marriage with debt and financial baggage, and maybe it can seem easier to just let it go and carry on. But eliminating debt can be a massive weight off your shoulders, whether you’re a couple or an individual, and it’s never too late or too early to get the conversation started!
On today’s episode of The His & Her Money Show, Javier Gutierrez from DreamerMoney.com is here to share his incredible journey to debt freedom. When they got married, Javier and his wife Taylor had a combined debt of over $34,000.
They soon realized that neither of them wanted to foresee carrying their debt around for much longer. Listen in to find out how they got in the zone and destroyed their debt in less than two years!
Javier grew up in a Mexican immigrant family, and it was a much different financial way of life. Keeping the mindset from his upbringing, debt was an unwelcome burden that Javi knew he wanted to get rid.
After he and Taylor got married, that mentality stretched to her car loan as well. Around this time, Javier had started listening to podcasts and their financial limitations were truly coming to light. Their $34,000 debt was holding them back and it had to go.
[bctt tweet=”Roll with the punches and keep the intensity going as much as you can.” username=”hisandhermoney”]
Javier and Taylor had slightly different views on debt, but that didn’t stop their drive! They both agreed it was time to make a change and tackle their debt as a united front.
They crunched the numbers and got down to business making up a budget, and with hard work and perseverance, they’ve finally reached their goal! And let them be an inspiration to you, too – if you can dream it, you can do it!
Follow Javier’s blog, DreamerMoney.com!
What You Will Learn
- Taking control of your finances as a couple and sharing the load
- Overcoming obstacles and outside influence
- Getting comfortable sticking to your debt-free journey and not following the social norm
- Understanding your financial position and planning accordingly
- Opening the conversation with your spouse to start your debt-free journey
Resources Mentioned
- The Total Money Makeover: A Proven Plan For Financial Fitness by Dave Ramsey
- The Simple Path To Wealth by J L Collins
- Thou Shall Prosper: Ten Commandments For Making Money by Rabbi Daniel Lapin
Thanks For Listening!
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Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.