This debt-free story focuses on getting on the same financial page as a married couple. Both Ashley and David Garrison were trying to live the American Dream.
They ended up over $75,000 in debt.
Ashley knew that she didn’t want to bring debt into their relationship, even though David wasn’t worried about it. Through Ashley’s insistence and David’s willingness, the couple began the debt snowball that would eventually crush all of their debt.
Getting to a debt-free lifestyle took some adjusting, however. As Ashley shares, creating a budget and budget meetings was something David and Ashley had to adjust. But once they did, they ended up paying off their debt in less than 2 years.
What You Will Learn
- How to convince your spouse that debt is a problem
- Staying encouraged and persistent while talking with a reluctant spouse about debt
- Staying motivated when you’re beginning on your debt-free journey
- Handling money resentment and strife as a couple
- The importance of faith in Ashley and David’s debt-free journey
- Having budget meetings as a couple
- Dealing with your partner when budget meetings get intense
- The unique ways David and Ashley saved and made money on their debt-free journey
- Allocating new money to your budget after you start making money
- Why Ashley and David left room in the budget for fun and relaxation
- Why Ashley and David chose the debt snowball method (and why you should consider it too!)
- Future goals of David and Ashley as a debt-free couple
Thanks For Listening!
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Today’s show is sponsored by Fetch Rewards. Fetch Rewards offers users free rewards on groceries, just by scanning their grocery receipts! Listeners get 2,000 points when they use the code HNHM after signing up and scanning their first receipt.