In early 2009, Kyle and I became debt-free, and we vowed to never go in to debt again. By August of that year, we saved up a fully-funded, six-month emergency fund. That November, we went on a family vacation to Paris, the first time we had gone on a trip as a family, just for fun.
In the spring of 2010, we breathed a sigh of relief that we had that emergency fund, because we used almost every bit of it when we relocated back to the U.S. We saved it up again, and continued to save as we moved to Oregon, when we eventually put 30 percent down on a house with a 15-year fixed rate 3% mortgage.
We’re now saving for our kids’ college and retirement, and we hope to have our house paid off in the next few years.
I say all this not to brag. Quite the opposite—I’m bowled over at what all has happened, because neither Kyle nor I are natural “money people,” nor are we millionaires. We’ve simply learned a lot the past few years, and put what we learned into practice.
Our teacher was Dave Ramsey, and our primary classroom was Financial Peace University. This is a nine lesson class that walks you through Money Management 101—you know, the stuff you wish you knew, but are sometimes too embarrassed to ask because you feel like you should already know it.
Stuff like writing a monthly budget, how to get out of debt, what all those different insurance terms mean, and how to buy a house sensibly. Some of the most important, freeing information you can know as an adult who wants to change her family tree.
See some highlights here:
You can also watch a preview of FPU.
FPU classes are all over the place, and if you’re somewhere where they haven’t yet reached, you can take the classes online (though it’s a more impacting experience to take it with other people around you).
To celebrate the end of Home for the Holidays, I’m giving away FIVE Financial Peace University memberships. Once you’re an alumni, you can always take the class again, so really, it’s a lifelong gift.
Yes, this is a weird Christmas gift. But really? It’s one of the best I can think of. If you apply what you learn, it will LITERALLY change your life. I’m honored to give it away today. Give it to someone you love, or keep it for yourself.
How to win
Simply use the widget below to leave a comment on this post, and you’ll be entered to win! (If you’re reading this via email, please click over to the main post to leave your comment.)
This giveaway will end tomorrow night, Saturday, December 1, and we’ll announce the winners of all the holiday giveaways at the end of the week. I hope you’re one of them!