No Car Payments
Hey Y'all! I'm writing this blog to defy the odds. I'm here to explain how we aren't crazy, but that we also don't have car payments. The reason I'm sharing this and supplying relevancy is that we are currently saving up to pay CASH for a vehicle. By now, most of you know that Megan and I follow the Dave Ramsey "Baby Step" plan. Looking at those "Baby Steps," we are in steps 4/5/6 all at the same time. Steps 1, 2, and 3 are done one at a time, but 4-6 are done together. This means we are (step 4) saving 15% of our income towards retirement, (step 5) saving towards our kids college (skip if you don't have kids), and (step 6) paying our house off earlier than our 15-year mortgage would require. (The 'Baby Steps' laid out per Chris Hogan's (Ramsey personality) Instagram account.) In all of the 'Baby Steps,' Ramsey preaches paying cash for items and not taking on debt. This means even large items like vehicles ge...