Category Archives: Finances

Take care of your finances intentionally.

Five Financial Principles That We Live By

The following five financial principles have enriched our lives and made us happier. We wanted to share them with you.  By being intentional with our money, we have created financial peace in our lives.

1. We do not borrow money. 

Proverbs 22:7 says ‘The borrower is slave to the lender.’ We made a decision early in our marriage by drawing a line in the sand saying we were never going to borrow money again EVER.   When we first got married, we paid off our consumer debt, which was a big Home Equity Line of Credit.  Four years later, we made our final payment on our house and became completely debt-free.  We knew we never wanted to go back into debt. When we want to buy something now, we save up the money for it.  We truly feel like the borrower is slave to the lender and that’s a position we never want to be in with anyone or any company.  It has changed the way that we view purchases. When we are saving up for something first before purchasing, we have to really evaluate whether or not it’s worth the money and if we find value in it.  When we do finally buy something, we are very intentional with the purchase. We often find more value in what we bought because we were patient enough to save up the money for it before we purchased it.

Continue reading Five Financial Principles That We Live By

Our Journey to Financial Peace

Debt-free ornament
The ornament we created to celebrate becoming debt-free.

When Brad and I met over 10 years ago, some of our first conversations were about money and personal finance.  He introduced me to a national personal finance guru – Dave Ramsey.  Dave Ramsey’s big focus is to stop borrowing money, get on a budget, get super intense, pay off all of your debt and then reap the benefits of being debt-free. I was single at the time, about a year and a half out of grad school and into my first ‘big girl’ job. I had been pretty frugal my whole life but lacked direction. I just made sure I didn’t spend as much as I made each month but didn’t have any real plan for the future.  Brad was about a year and a half into being a single dad raising two kids full time and waking up to a financial hangover of living above his means during most of his adult life (Brad is 13 years older than me so he was 10+ years into his career).  He was sick and tired of working hard every day/week/year with nothing to show for it and wanted to make a change.  Continue reading Our Journey to Financial Peace