On Tuesday, Carol and I were able to write our last check to a personal loan that we
had with a credit union. We are so excited about that because now all we have left
is our home mortgage. That means in the past 2.5 years we have eliminated $57,000
in credit card debt, 2 car loans, and the $15,000 personal loan. That’s the Financial
Fitness Program working at its best right there!
My wife and I have been applying the Financial Fitness Program for a while now and we just had a major victory. We were able to pay off a $12K student loan. By paying off that student loan, it saved us $11,466 in interest!! That loan would have taken 172 more months to pay off if we were just making the minimum payment. By applying the principles of the Financial Fitness Program, we were able to save up enough money to write a check and pay it off completely and save ourselves all of that interest. Fired up!
Jeremy and Samantha Pethke