Welcome to Living That Debt Free Life!!
Hi! I’m Kate! Welcome to Living that Debt Free Life! I am so happy you are here!
About Us
My husband and I are on a mission to pay off SIX FIGURES of student loan debt—all mine. (Sorry, babe!) Our debt free journey is a long story, but suffice it to say we made a plan in 2017 to try to get the $105K of student loan debt paid ASAP. Our initial plan was to throw $1,000 extra to the debt every month. While noble, at that rate, we still wouldn’t be debt free for another 6 years, and that was just too long for me to stomach. We decided we would—somehow—pay the debt off in half the time, and I devised a 3-year plan, based on Dave Ramsey’s baby steps.
In 2017, we half-heartedly worked the plan and paid off $17K worth of debt. We kicked it in to high gear in 2018, and paid off a total of $47K in student loans and another $21K to the mortgage, for a total of $68K to debt that year. (Full Disclosure: I didn’t even bring home $68K net in salary in 2018!) When you add in the hubs’ income, we sent about 53% of our regular salaries to debt in 2018.
In 2019, we finished paying off all our non-mortgage debt and became debt free!
A little more about us: We have been married for 8 years and have a 8-year old son. Our family also includes a 20-year-old step son, who is living at home with us while going to community college (being cash flowed by us, thank you very much, while we still attempt to tackle this debt).
What Now?
The first thing you should do is sign up to become a part of my tribe! It’s the best way to get information sent straight to your inbox, and you never have to worry about missing a post!
When you sign up, you’ll get my free 6-page guide that talks all about the strategies we used to pay off $105K worth of student loan debt in less than 3 years, exclusively available to my email subscribers!!
Next, check out these posts, which address some of my most frequently asked questions.
How Our Debt Free Journey Began
How to Budget When You Have No Idea What You’re Doing
The Budgeting Routine That Will Change Your Life
10 Common Characteristics of Those Who Pay Off Debt Fast
Six Things to Do Before You Start Paying Off Debt
How To Pay Off Debt with the Debt Snowball
Then, if you want to participate in my totally free Monthly Personal Finance Challenges, check out this post!
Finally, if you need to contact me…
I’d love to hear from you! It is truly my passion to help others get their finances together and take charge of their money. If you need to reach me, my preferred method is through Instagram direct message, but you can also reach out through my Contact page.
If you want specific, one-on-one help with budgeting, financial planning, and debt repayment strategies, all custom tailored to your income and expenses, consider signing up for one of my one-on-one coaching sessions. I only open up 4 financial coaching sessions each month to give you personalized attention.
Thanks so much for being here and following along on this journey of ours. We hope you will be inspired and motivated to reach your own personal finance goals!
XOXO, Kate & family