So as I mentioned in a previous post from July, the wife and I have read Dave Ramsey’s The Total Money Makeover (which I think would be a lot funnier if it had my typo and it were a “Monkey Makeover”, but I think the History Channel already has that show). So we’ve started the fun. She asked me on the 25th when I wanted to start. August first.
Starting in the hole: $74,114.30. (Includes the fancy new minivan.)
Targeted debt-free date, per debt snowball calculator: August 2016(!)
No, really. I looked at the numbers. In August 2016, we’ll be down to our rent payment and utilities, and that’s it. (Provided no nasty emergencies come up.)
That’s unreal. Here’s how it’s progressing.
Read moreMoney Makeover: August 2014