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Nice 👍

On the other side of this, you two will be saving and investing a lot of money for the future. That is exciting! As others have commented here, that feeling of living paycheck to paycheck...I know it well. Not sure how to explain this even to myself, but Sue and I count down the days to the next paycheck and we literally invest more than we spend. I refer to payday as "opportunities to save and invest days!" In two weeks, we will be debt free including mortgage for two years! The great feeling is just as fantastic now as it was then. You guys are killing it! Currently reading --The Only Investment Guide You'll Ever Need by Andrew Tobias

Then we your UA-cam family will do the jumping up and down down.

Great ❤ video

Excited for the updates! I totally get the pay check to pay check feeling though

Absolutely amazing! Hoping to be debt-free before the end of 2025 that is our goal currently sitting at just over 15,000 3:16

Love this series, you are an inspiration 🎉 I know you can def hit your goal!!!

Hi Katie, great job for the 1st month, your well on your way! Itll be exciting to see if youre able to finish before sept 2026.

Great video 💗

I am so rooting for you to get your debt paid off. This plan sounds very realistic. I bet your husband is getting excited too. He probably thought the school loans would go on forever.

How do you calculate your monthly payment when considering interest that accrues?

Have you posted the link to the new monthly tracker ?

Hi Katie 👋 great job working on your debt 😊🩵

Great video ❤❤❤

Katie so glad to see this ! Two thoughts ! Yahoo ! What an awesome month to start off this series ! Second thought ! I believe in the power of DR and would pay off as much as you can each and every month ! Playing with the numbers can produce slower pay off and more frustration… I agree with your plan of enjoy the family time and holidays but keep that debt momentum up ! It’s a slippery slope don’t loose your focus !

The zero based budget does lend its self to all the feelings that come with living pay check to paycheck whether you are paying for useless doo-dads or into some sort of readily accessible savings. Learned from my grade school allowance and then low income period augmented with variable tips - I try to do most of my discretionary spending at the end of a pay/ budget period. For example, if i know that buying an article of clothing is a part of the plan and also the budget, ill wait until the end of that budgeting period to start looking; unless some fantastic deal catches my eye, im not going go cut my nose off spite myself or some funny little self imposed rule. This msy mean that i dont actuslly buy until im in the next pay period or budget. What this does put more cash (or checking account balance) in my pocket most times which certainly feels better. It also gives me more options to re-allocate that money. Maybe i decide i truly all-but-need shoes over a jacket 'cause something happened. By spending towards the end of the budget period i have that option. Or the option to spend on something completely unrelated to clothing assuming i have the discipline to not buy a use-less doo-dad. This works in the food world as well. The world is full of end of the paycheck, no money for groceries, what do i do solutions. In general, I've always tried to keep a percentage or dollar amount for larder staples, spices, and great deals; good and great deals are purchased when i come across them, the rest at the end of the budget period unless needed. Unlike many, my bigger grocery shops are at the end of the budget period. Without even realizing it, my smaller shops have always tended to be smaller towards the beginning of the budget period. BTW Pay attention because the national and bigger chains seem to be going back to having thier best sales the last full 7 day week of the month. This used to be true and probably helped shape waiting until the end of a budget period to do a majority of my discretionary spending. That and the feeling of having options.

Hello Katie! Great series! It’s is so helpful to reflect on the month! I often can get obsessed with things too. I feel ya. 💜🌷🌻

I’m with Dave Ramsey on this one, aggressively paying off debt and then focusing on saving and investing and watching your wealth grow is truly wonderful. My husband and I came from modest backgrounds and married young (straight out of University)and also had children young. We both worked (no inheritances for us!) and saved and now have the security of owning outright our own home, retired in our 50s and have helped our now adult children through education and onto the property ladder and this has been so incredibly rewarding. You are doing a great job and fast forward 10 years, you will bless the day you sacrificed to clear debt. Best of luck to you and your family.

Something tells me you will have this knocked out way sooner than 24 months. One question -- How are you accounting for your husbands employer paying toward the student loans? Love your channel! -Amanda

👍🏻👍🏻👍🏻

AHHHHHHHH LET'S GO!!!!! I am SO excited to countdown with you Katie!!! 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉 💃🕺💃🕺

Hi, I never saw the first one. And was wondering what your new goal is. I endorse it mostly. But sit down, I might shock you. Most of your debt in reality is long term low intrest loans. Specifically the Sofi, and the mortgage. Those balances and loans I think you really need to look long term, and balance invesement, taxes, and debt. Let me share a little,( although this is not a a good place to , and I really wished we used your alternative. ) As you know we moved. And in doing so, I purchased the home in MD, prior to selling either of our other. Now I could have taken the money to purchae the new home from selling some of my portfolio. But this would have created a huge tax issue. (capital gains). Instead I borrowed against the stock and at that time I owed more than you do now. Now when I eventually sold the properties I paid back the debt. And now I am fully debt fee again. Another reason why you might want to not pay off those long term debts, is if and when the market is growing so fast that the money you were using to lower the debt, could have grown much faster. Remember when you pay off a debt it is like making an investmet of that interest rate. This is why paying off credit cards are so important. Its like making an investment of over 25%. But accelerating the payment of a 2.5% mortgage may not make as much sense. With that said, being debt fee in less than 24 months would be amazing. Especially with your guy' s incomes and drive . So this in someways an emotional decision too. I suspect if I had worked as long as you too. I would want to go "hole hog" on getting rid of it. FInally, as I always thought. A good and content life is keeping things in balance. That is true in everything. Work, leisure, kids, money etc. Its when you lets things get out of balance you run into trouble. Hope you found this helpful. As I always I will following. Your virtual friend.

I am debt free and still technically live paycheck to paycheck because i do a zero based budget filling any available money into a savings category. The difference is I’m paying myself instead of paying a bill. I feel like you’ll be even more excited to be saving!

🔥🔥🔥🔥- Amazing progress. The end of debt is in sight!!!!

Earlier, i suggested that you consider making 2025 a year of finding savings, or becoming (more) frugal, in your daily living. Some of these things may be visible and accountable where as others may not. Those that are not readily accountable do count. An example of one thats hard to account for would be switching out a single incandescent lightbulb in a household full of light bulbs for an LED lightbulb. You know you're saving a couple of watts of energy for the duration that light is on but finding a reduction in either the usage number or the dollars billed just isnt going to happen. Your On the other hand, your 2024 switch to a natural hair color is significant enough of a change that you can tally up the dollars and cents saved. For most of us however, there are a zillion (ok, hyperbole) changes we can do inbetween to reduce our spending which are not alsi objectionable nor take hours of labor. Those $.50 to $500 savings each add up. It is my further suggestion that you test things out, see how they do or do not work, and give yourself permission abandon any great ideas which turn out to not be worth it. An example is how youve worked the tuition money into the summer of '23's, '24's, and now '25's budget to get that 5% early bird discount. Its taken and is taking a bit of effort but the process gets smoother and is worth the money saved.

💜 this series. Great job in October. So happy for y’all 😊

I know I've shared my feelings on this before but I very much feel like you do with paycheck to paycheck because I'm sticking to a budget etc. I'm patient in general but with my own personal life, not so much lol

Love this new series, Katie. The reflections of "good month/bad month" feel valuable. What a fantastic month!

I love your videos and following your journey 💛 Sometimes replacing “bad” as a descriptor with “challenging,” can be helpful for mindset. “Bad” can imply it just is what it is. “Challenge” can imply that it is/was something to overcome, or it was something that we got through and maybe even learned how we want to move forward with what the challenge taught or is teaching us. Just a thought! Of course you can use whatever language is helpful for you! Excited for your next update 😊

Yes, yes, yes ... Im liking the new series. I like the Sept '26 pay off date coupled with your self imposed monthly minimum debt payment amount to meet that goal. I like that on the months you exceed your monthly (ie Oct '24 and this video) self imposed minimum, you adjust the monthly minimum down for the rest of the duration. Face it, even if you had three @$6k months in a row, there is likely going to be a month you dont make either the original or the adjusted minimum. Accounting this way helps bridge any lower months and still celebrate the higher months. I wouldnt adjust the end date any more than once every 6 months. However, you are working with financials which don't have to meet the American Accounting Association's standards. In business books, and a home is microcosm of a business, folks are allowed to see thier business cycles. Look over your records for the past year to few to see if there is a pattern of either reduced income or reduced debt payment. If there is, choose when you want to make any time line adjustments accordingly and formal (to your books) self imposed monthly minimum debt payment. I would choose AFTER a historical lull period(s) of time.

Hi, love this series ❤. How do you calculate the interest for this project? Do you calculate it into what you have payed or calculate by how much the debt has gone down by?

So far my goals are going ok. Always wishing to win the lottery though!

Great start Katie! One great month down. It’s so satisfying to have an end date and it definitely puts things in perspective. My goal is to be debt free in 2 years too. I’m starting my countdown in the new year. It may be a stretch goal but I needed to put a date on it. I want to enjoy my family and not stretch too much for the rest of November and also December. Thanks for sharing as always. 💜

Off to a great start! I’m looking forward to you crushing that debt free date goal, you’re already off and running. We’re suffering a bit of the overspending bug, I think because of buying the new car. For some reason, once I fall off the no spend wagon the pendulum really tends to swing in the opposite direction for a few months while I mentally adjust to being in debt again (the 0% doesn’t seem to alter my perception). I’m looking forward to a no spend January and hoping that gets us back on track, in the meantime just going to walk through it, enjoy time with the kids and grandkids and count my blessings to the best of my ability. It’s counterintuitive to me to be happy and in debt at the same time, even knowing how ridiculous that sounds. Time to get over it, enjoy the new car and the holidays and refocus for the new year!

A bank in hollywood financed my used jeep. It took me 3 calls just to get my account #. So juiced to makes payments on it. Next Tuesday indeed.

Hi friend 😍❤️‍🔥❤️‍🔥

Great transfers ! Good video

U r doing awesome! 😊excellent video

Any plans to pay off your mortgage? My husband and I just crossed the $400,000 mark. So we now owe $399K left o our mortgage and are considering paying it down after we pay off our Highlander in July. We have a 3% interest rate. Any thoughts? Could you make a video on your thoughts on mortgage pay off?

Yessss!!! I'm paying off my Highlander toooooo!!! I bought a used 2018 in 2022. Balance left: ~$20,000. Hope to pay it off by July 2025!!! Gonna be following your journey while we pay off debt together 😊❤

Hi Katie!! I’m here!!!

Glad you got the dryer situation figured out! I sent $310 to my Roth this week, I’m trying to make a last minute push into this account as I kind of neglected it this year.

Great that you came to a choice that you feel good with. That is most important. Amazing transfers! I would include the IRA amount in your budget if you feel like you have the room, would probably feel so great to reach that goal as well. Well done everyone with your transfers. For us this week we are between salary payments, so only had transfers from change € 3,93 to vacation. The windows will be replaced in May or June, so goal is to have all the funds by April.

great video

Yay great video

Love these transfers...cannot wait to do my first one!

Transfer update of my own. Last paycheck I officially fully funded my Japan Trip for next year! Until the end of the year any money that was going towards it will now be going towards my Emergency Fund to hit 10k before the year is over.

Congratulations on all you have accomplished! Thank you for sharing this with us!

Katie, I remember when you made the decision to focus on debt and what a challenging mental shift is was to pause on investing. I think I even remember you saying that you were going to try it for a quarter and the reassess your focus. It’s been so exciting to see your enthusiasm for debt payoff grow and pay off in spades. Amazing amazing work. You and Mark are a great team.

Great November way to go🎉 Transfer $300 + $72 to HYSA extra $72 was from selling a few items $100 to ROTH😊 Thank you for the shout out. Great job everyone