I began my journey to become debt-free on Jan 7, 2010.
Total Debt (Jan 7, 2010) = $50,318.97
Total Debt Paid Off= $43,941.11
Total Debt Remaining= $6,377.86
Follow me as I go on a journey toward a debt-free life. By applying common sense personal financial principles, teachings from the scriptures, and the counsel of LDS Church leaders, I plan to demonstrate how by abiding by these precepts ANYONE can achieve financial freedom. I’m hopeful that by sharing my experiences, others will become inspired and motivated, and above all, BELIEVE that eliminating debt and becoming free of the bondage is possible and it is the best way to build wealth and bless your family financially and spiritually.
Debt has become a normal part of everyday life and is widely accepted in our culture. The “buy now, pay later” mentality is out of control and it is hurting our families and our futures. According to MSN Money, nearly 1 in 2 families spend more than they earn each year and carry roughly $8000 of credit card debt. Meaning each year more and more American families are going deeper and deeper into debt and jeopardizing their futures. It has to stop!
If being broke, stressed out, and desperate is normal. Then here is to being weird.
“All too often a family’s spending is governed more by their yearning than by their earning. They somehow believe
that their life will be better if they surround themselves with an abundance of things. All too often all they are left with is avoidable anxiety and distress” – Elder Joseph B. Wirthlin (“Earthly Debts, Heavenly Debts”)
Obviously, I am not perfect. I have made huge financial mistakes. Being stupid has cost me thousands of dollars and a lot of pain. In no way am I talking down to those who are in debt. I am right here with you. I’m only trying to point out how much borrowing money and going into debt is costing all of us and our families.
There is HOPE!
No matter who you are, what you do, how much you make, or how much you owe, you CAN become debt-free. Get serious about it. 
Cut up those cards, get on a budget, spend less than you make, and go to work! Freedom from debt (everything minus the mortgage) is usually only 18-24 months away. If you can’t pay for it, don’t buy it. You can do this!
See how fast you can pay off your debt!
Related Links:
Snowball Update: No More Car Payment!
Debt-Free: Freedom From Worry