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Archive for March, 2009

STEP 2: Debt Snowball

March 10th, 2009 at 03:18 pm

Today marks a great day in the Paseo history as today is the day we completed Dave Ramseys Financial baby step 2, "Debt snowball".

We were able to pay off $67,200 worth of CC and vehicle payment debt in 22 months thanks to some savings, the wife picking up a job and a 15 month deployment to Iraq.

We ended up paying off the debt a month early from our projections which means we can get onto the next baby step a month earlier.