I have been on the brink of bankruptcy for quite some time now. On I finished the entire Dave Ramsey course. This program is awesome and I am so glad we have been able to participate in it. This program has not only changed our money life, but my whole family. We have saved money on our car payments by lowering the interest and now have saved money on our insurance by raising our deductibles. We have paid off about $1,800 dollars in debt since we started. We now have $1,000 in savings for the first time in our 12 years of marriage. This is where Dave Ramsey’s course has helped us tremendously. DAVE RAMSEY SUCCESS STORY HOW TOWe learned some hard lessons going through the bankruptcy and we changed our money habits, but we still did not know how to get to the next step of being financially stable. We have never had any savings and have always lived paycheck to paycheck or have been behind. We even went through bankruptcy 7 years ago. My spouse and I have had some tough life lessons with money. Tired of feeling overwhelmed every time you sit down to pay the bills? Not sure what your financial outlook is for retirement? Then it’s time to take control of your money and have it work for you! FINANCIAL SUCCESS is just around the corner! Fall 2014 Success Stories The stories below are just a sample of the changes participants have been able to make. The Dave Ramsey’s Financial Wellness class at MMH started in November with 23 participants. Take the first step in changing your Family Tree… 30th.Ĭontact any Financial Wellness Committee member if you have questions or would like to register. When she had to deal with two car accidents and losing her job within a 12 month time span, she was able to get back on track because she accepted that some events were out of her control and she was grateful to have an emergency fund she could fall back on.Ĭatch up on Select's in-depth coverage of personal finance, tech and tools, wellness and more, and follow us on Facebook, Instagram and Twitter to stay up to date.KICK OFF Meeting Jan. Most importantly, Curry emphasizes that it's important to be flexible and kind to yourself during the debt repayment journey. Curry regularly watched videos and listened to podcasts about other people's debt repayment stories, which inspired her to keep up with her own. She says it's important to remain motivated on your debt payoff journey. For Curry, that meant shaving financial freedom and not having to constantly worry about money. When asked about what advice she would give to others struggling to pay off massive amounts of debt, Curry stresses the importance of having an end goal. DAVE RAMSEY SUCCESS STORY FREEOn October 31, 2021, Curry wrote a LinkedIn post about becoming debt free that went viral on the site, receiving nearly 25,000 reactions and more than 1,500 comments. After dialing back her monthly debt repayments when she was unemployed, Curry got aggressive about her debt, making monthly payments of $3,000 toward her student loans. In September 2020, Curry started a new job in Dallas, and she decided to refinance the largest chunk of remaining student loan - a Navient loan worth $38,000 - with SoFi to get a lower interest rate. "But I can't imagine how it would have felt if I had been up to my head in bills like I had been in 2016." Becoming debt-free "When they told me that I had been laid off, it was obviously a scary feeling," Curry says. Thankfully, Curry had built up an emergency fund and had paid off nearly $50,000 of the $101,000 in debt she had accrued from her student loans, credit cards and car accident expenses. In February 2020, she got a new PR job, but just one month later, she was laid off because of the Covid-19 pandemic. She wasn't reimbursed for those expenses until she settled with the car insurance company a year later.Ĭurry couldn't catch a break. While this accident didn't require her to buy another car, she had to pay up-front for repairs. Just two months after that, she was in a four-car pile-up. While she was lucky to walk away from the accident with no injuries, she had to buy a used car, adding another $14,000 to her debt load. Curry was in a car accident that totaled her car. Yet, in May 2019, shortly after she moved out of her uncle and aunt's house, disaster struck.
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