December Debt Free Update. Pay Off Mortgage the Dave Ramsey Way.

Here is my December update. Currently, I am on Dave Ramsey's Baby Step 6 (Pay off the home mortgage). Two years & 4 months into my four year plan...things are so far going as planned. We have $41,166 left on the mortgage and then we will be 100% debt free!!

Here are the 7 Baby Steps:

1. $1,000 to start an Emergency Fund  (Done)
2. Pay off all debt using the Debt Snowball  (Done)
3. Three to six months of expenses in savings (Done)
4. Invest 15 percent of household income into Roth IRAs and pre-tax retirement  (Doing 30%)
5. College funding for children  (Part of #4's 30%)
6. Pay off home early  (In Progress)
7. Build wealth and give!  (Can't Wait)

By August 2013, We will be on to baby step 7.  Time flies when you're having fun!