Comments on: The Gazelle Has Left The Building! http://www.debtfreeadventure.com/the-gazelle-has-left-the-building/ Debt Credit & Personal Finance | Bible Help Thu, 11 Mar 2010 22:09:05 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Financial Goal - Our Financial Plan for 2010http://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-6066 Financial Goal - Our Financial Plan for 2010 Thu, 07 Jan 2010 17:27:01 +0000 http://www.debtfreeadventure.com/?p=3002#comment-6066 [...] toward savings.  We go back and forth on always pay yourself at least something and switching into gazelle intensity mode.  The answer to that is never a simple black and white answer, so rather than trying to make [...] [...] toward savings.  We go back and forth on always pay yourself at least something and switching into gazelle intensity mode.  The answer to that is never a simple black and white answer, so rather than trying to make [...]

]]> By: Monthly Debt Reduction & Savings Statement - November 2009 | Debt Free Adventure!http://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-4533 Monthly Debt Reduction & Savings Statement - November 2009 | Debt Free Adventure! Mon, 23 Nov 2009 20:48:06 +0000 http://www.debtfreeadventure.com/?p=3002#comment-4533 [...] exception of the earnings from our Side Hustle.  This was due once again to the focus on “gazelle intensity” we are trying out based on the leading of our Dave Ramsey Financial Peace University [...] [...] exception of the earnings from our Side Hustle.  This was due once again to the focus on “gazelle intensity” we are trying out based on the leading of our Dave Ramsey Financial Peace University [...]

]]> By: Monthly Debt Reduction & Savings Statement for Aug, Sept, & October 2009 - 3 in 1 Edition | Debt Free Adventure!http://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3910 Monthly Debt Reduction & Savings Statement for Aug, Sept, & October 2009 - 3 in 1 Edition | Debt Free Adventure! Thu, 05 Nov 2009 09:29:08 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3910 [...] have entered into “gazelle intensity.”  For those of you who are not Dave Ramsey geeks, that means that we are running away from [...] [...] have entered into “gazelle intensity.”  For those of you who are not Dave Ramsey geeks, that means that we are running away from [...]

]]> By: Jason @ One Money Designhttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3813 Jason @ One Money Design Tue, 03 Nov 2009 03:03:36 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3813 Matt, I like how you've made your approach to savings and debt reduction "personal" as you say above. You really do have to evaluate what makes most sense for YOU. While there are great roadmaps to follow, such as the Baby Steps, there is not a one approach fits all. Pursue God first in your finances and you'll find your way to debt free day before you know it! I know your enthusiasm and motivation is a blessing to many. .-= Jason @ One Money Design´s last blog ..<a href="http://onemoneydesign.com/blog/2009/11/01/press-on-toward-the-ultimate-prize-and-round-up/" rel="nofollow">Press on Toward the Ultimate Prize and Round Up</a> =-. Matt, I like how you’ve made your approach to savings and debt reduction “personal” as you say above. You really do have to evaluate what makes most sense for YOU. While there are great roadmaps to follow, such as the Baby Steps, there is not a one approach fits all. Pursue God first in your finances and you’ll find your way to debt free day before you know it! I know your enthusiasm and motivation is a blessing to many.
.-= Jason @ One Money Design´s last blog ..Press on Toward the Ultimate Prize and Round Up =-.

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3673 Matt Jabs Sat, 31 Oct 2009 17:58:38 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3673 It is an amazing exercise, and one that eluded me most of my life. By nature I am not a goal setter, but I have turned into a very passionate believer after seeing how powerfully it has effected my life! It is an amazing exercise, and one that eluded me most of my life. By nature I am not a goal setter, but I have turned into a very passionate believer after seeing how powerfully it has effected my life!

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3672 Matt Jabs Sat, 31 Oct 2009 17:56:43 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3672 CHEETAH!!!!!!!!!Great comment Paul, I laughed out loud when I read it! :D CHEETAH!!!!!!!!!

Great comment Paul, I laughed out loud when I read it! :D

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3671 Matt Jabs Sat, 31 Oct 2009 17:55:44 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3671 Oh I guarantee you are right. Whenever I set a date to accomplish something... I ALWAYS try to beat the date! That is the beauty of setting goals. :-) Oh I guarantee you are right. Whenever I set a date to accomplish something… I ALWAYS try to beat the date! That is the beauty of setting goals. :-)

]]> By: Financial Samuraihttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3642 Financial Samurai Sat, 31 Oct 2009 03:24:15 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3642 Sounds good Matt! I think once you have an ETA for all your debt payoffs, you'll probably start consciously trying to BEAT that ETA!It's like the 30-yr mortgage. One extra principal payment shaves off 4-5 years, and starts getting folks excited about continuing the path for faster and faster debt payoff!Have a good weekend Matt!FS .-= Financial Samurai´s last blog ..<a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/mltMJhFji-M/" rel="nofollow">You’re Rejected! How I Use Rejection To Motivate Me Every Single Day</a> =-. Sounds good Matt! I think once you have an ETA for all your debt payoffs, you’ll probably start consciously trying to BEAT that ETA!

It’s like the 30-yr mortgage. One extra principal payment shaves off 4-5 years, and starts getting folks excited about continuing the path for faster and faster debt payoff!

Have a good weekend Matt!

FS
.-= Financial Samurai´s last blog ..You’re Rejected! How I Use Rejection To Motivate Me Every Single Day =-.

]]> By: Credit Card Chaserhttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3636 Credit Card Chaser Sat, 31 Oct 2009 00:25:28 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3636 Awesome job Matt and I just wanted to say that I strongly agree with your statement about simply having a plan in place gives peace. Whenever I start to really get bogged down with things whether it is personally or with one of my businesses it has always helped me to take a step back and then write down some goals and develop a plan of action. Just taking the time to write those things down certainly brings me peace. .-= Credit Card Chaser´s last blog ..<a href="http://www.creditcardchaser.com/think-you-could-go-into-massive-debt-while-making-10-millionyr/" rel="nofollow">Think You Could Go Into Massive Debt While Making $10 Million/Yr?</a> =-. Awesome job Matt and I just wanted to say that I strongly agree with your statement about simply having a plan in place gives peace. Whenever I start to really get bogged down with things whether it is personally or with one of my businesses it has always helped me to take a step back and then write down some goals and develop a plan of action. Just taking the time to write those things down certainly brings me peace.
.-= Credit Card Chaser´s last blog ..Think You Could Go Into Massive Debt While Making $10 Million/Yr? =-.

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3624 Matt Jabs Fri, 30 Oct 2009 20:45:10 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3624 Hey MF: No, the 25% is not going straight toward debt. The money for <a href="http://www.debtfreeadventure.com/non-monthly-expenses-how-to-budget-for-lump-sum-payments/" rel="nofollow">Non-Monthly Lump Sum Payments</a> is already figured into the necessary categories in our budget, but are not part of savings or debt.Hope this helps man. Check out that post I linked to in this comment, it covers exactly what you're asking about.Cheers! Hey MF: No, the 25% is not going straight toward debt. The money for Non-Monthly Lump Sum Payments is already figured into the necessary categories in our budget, but are not part of savings or debt.

Hope this helps man. Check out that post I linked to in this comment, it covers exactly what you’re asking about.

Cheers!

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3623 Matt Jabs Fri, 30 Oct 2009 20:39:42 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3623 Thanks Brian, that's the message - anyone can do this if they just get fed up with debt, get a plan in place, and get started! Thanks Brian, that’s the message – anyone can do this if they just get fed up with debt, get a plan in place, and get started!

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3622 Matt Jabs Fri, 30 Oct 2009 20:37:51 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3622 I definitely think - getting the $1,000 first, then moving to 75/25 until you're comfortable, then going gazelle - is the best way to go. I definitely think – getting the $1,000 first, then moving to 75/25 until you’re comfortable, then going gazelle – is the best way to go.

]]> By: Money Funkhttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3621 Money Funk Fri, 30 Oct 2009 20:25:26 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3621 Well, we owe like $3000+ of interest per year. Then again, we owe a lot of debt. But we are chislin' away at it.My question: But doesn't that percentage that was deemed to the EF now suppose to go to the lump sum savings (aka - gift fund, annual insurance, house maintainance costs, etc...)? Of course, that is if you are following Ramsey's plan. Do you consider those funds to be part of your debt category? Or are they allotted in the Savings? Or do you cover yourself for those categories? .-= Money Funk´s last blog ..<a href="http://www.moneyfunk.net/daily-grind/2009-best-infant-car-seat/" rel="nofollow">2009 Best Infant Car Seats</a> =-. Well, we owe like $3000+ of interest per year. Then again, we owe a lot of debt. But we are chislin’ away at it.

My question: But doesn’t that percentage that was deemed to the EF now suppose to go to the lump sum savings (aka – gift fund, annual insurance, house maintainance costs, etc…)? Of course, that is if you are following Ramsey’s plan.
Do you consider those funds to be part of your debt category? Or are they allotted in the Savings? Or do you cover yourself for those categories?
.-= Money Funk´s last blog ..2009 Best Infant Car Seats =-.

]]> By: Brianhttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3614 Brian Fri, 30 Oct 2009 18:15:38 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3614 This is great Matt. I totally can see you walking away from all of these debts before even you can imagine! The determination in which you show is quite impressive and inspirational. If you can do it, so can anyone!Here is to helping you boost that income to make it go that much quicker! .-= Brian´s last blog ..<a href="http://feedproxy.google.com/~r/MyNextBuck/~3/R5rzkid94sE/" rel="nofollow">Friday Financial Foul Ups: Upside Down and Paying The Price</a> =-. This is great Matt. I totally can see you walking away from all of these debts before even you can imagine! The determination in which you show is quite impressive and inspirational. If you can do it, so can anyone!

Here is to helping you boost that income to make it go that much quicker!
.-= Brian´s last blog ..Friday Financial Foul Ups: Upside Down and Paying The Price =-.

]]> By: Garyhttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3613 Gary Fri, 30 Oct 2009 18:02:43 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3613 Never give up Matt! While you are at it, check out our website and send someone a FREE card on us! We love it when people do that!God's blessings to you! Never give up Matt! While you are at it, check out our website and send someone a FREE card on us! We love it when people do that!

God’s blessings to you!

]]> By: Peterhttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3611 Peter Fri, 30 Oct 2009 17:39:31 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3611 sounds like you guys are hitting it hard now - gazelle intense! When we did the FPU plan we did slightly more than the $1000 emergency fund as well. We felt led to go to a $2000 emergency fund - which is good because we then ended up having a $1800 bill shortly thereafter. I think the key is this - don't get carried away, but if you're feeling led to have a slightly larger EF - go for it. .-= Peter´s last blog ..<a href="http://feedproxy.google.com/~r/BibleMoneyMatters/~3/UjggHI51uKE/this-blogger-fell-into-the-fico-trap-but-saw-the-light-and-became-debt-free.html" rel="nofollow">This Blogger Fell Into The FICO Trap, But Saw The Light And Became Debt Free</a> =-. sounds like you guys are hitting it hard now – gazelle intense! When we did the FPU plan we did slightly more than the $1000 emergency fund as well. We felt led to go to a $2000 emergency fund – which is good because we then ended up having a $1800 bill shortly thereafter. I think the key is this – don’t get carried away, but if you’re feeling led to have a slightly larger EF – go for it.
.-= Peter´s last blog ..This Blogger Fell Into The FICO Trap, But Saw The Light And Became Debt Free =-.

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3606 Matt Jabs Fri, 30 Oct 2009 16:48:35 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3606 I haven't sat down to calculate out the ETA's of these debts yet - but doing so is already penciled into my TO DO LIST.Once I do it, I'll publish a post about it and link to you for asking. :-) I haven’t sat down to calculate out the ETA’s of these debts yet – but doing so is already penciled into my TO DO LIST.

Once I do it, I’ll publish a post about it and link to you for asking. :-)

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3605 Matt Jabs Fri, 30 Oct 2009 16:44:38 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3605 <blockquote><em>"I’m looking forward to that “Everything’s Paid Off” post you’ll do when you’ve finally TKO’d your last debt!"</em></blockquote>Ha! You and me both man! :-)

“I’m looking forward to that “Everything’s Paid Off” post you’ll do when you’ve finally TKO’d your last debt!”

Ha! You and me both man! :-)

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3604 Matt Jabs Fri, 30 Oct 2009 16:43:40 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3604 You bring up an awesome point Lakita. I think forming those "pay yourself" habits and sticking to them no matter what (even if it's only a few bucks/month) holds such wisdom! Way to go... we're getting there together! :-) You bring up an awesome point Lakita. I think forming those “pay yourself” habits and sticking to them no matter what (even if it’s only a few bucks/month) holds such wisdom! Way to go… we’re getting there together! :-)

]]> By: Matt Jabshttp://www.debtfreeadventure.com/the-gazelle-has-left-the-building/#comment-3603 Matt Jabs Fri, 30 Oct 2009 16:41:54 +0000 http://www.debtfreeadventure.com/?p=3002#comment-3603 Awesome Gary, great to hear from someone who's sitting in a place I'll be in a couple years. Godspeed w/your card biz man, thanks for stopping by. Awesome Gary, great to hear from someone who’s sitting in a place I’ll be in a couple years. Godspeed w/your card biz man, thanks for stopping by.

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