Officially DEBT FREE

Although we have been living in limbo between Dave Ramsey's Baby Step 2 and 3 for a while now, we are now officially passed Baby Step 2! That means we are DEBT FREE except for our house. It feels awesome to know that we don't owe anyone any money and we can focus on moving upward and onward with our financial and life goals!

  

We are already a bit over halfway on Baby Step 3: three to six months savings. This is an emergency fund for emergencies only! If a job is lost or a car suddenly quits, not for a fun vacation or Christmas. Those things can be saved for.  Hopefully, we won't ever have to touch out 3-6mo fund, but knowing its there is very comforting.

Bring on the savings and climbing to Baby Step 4: Saving 15% of income toward retirement!

I {heart} Dave Ramsey!