We have been implementing the defense part of the Financial Fitness Program and
we were able to eliminate our first loan today. It was a small loan in the amount of
$4,500. I was able to go into the bank today and make the last payment on it. So now
I can take that amount and apply it to the next largest loan and just continue on the
path towards debt freedom.
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