Author Topic: Turned the fiancée into a saving machine!  (Read 3852 times)

dave_the_wave

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Turned the fiancée into a saving machine!
« on: November 15, 2016, 10:18:18 AM »
Guys and gals,

I've done it....the transformation is complete. When my fiancée and I met, we were both in a fair amount of debt. She would whittle away at hers little by little while I was in full-on debt destroyer mode. After about 6 months of dating, we started talking in depth about finances and how much money we owed, how we were planning on paying it off, etc. Then I gently suggested that she could do herself a huge favor by being intentional with her finances and showed her some basic math and helped her create her first budget *teardrop*. She instantly became a force of nature and paid off her student loan to her parents in just under 2 years. She owed about $35,000 and made $38,000 a year. She killed it.

Which brings us to last night...we were discussing our financial plans now that we're both out of debt. We both agreed that we live quite a luxurious lifestyle even though we lived off half our income. We even thought we could scrub more out of our budgets. (If you've seen mine in a previous post, you'd agree) Being content with our spending, we both came to the realization that not only can we retire early, but we're happy the whole way there. She asked me to help her with her retirement accounts and really maximize her savings. I can't believe it...we're doing this!

Saskatchewstachian

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Re: Turned the fiancée into a saving machine!
« Reply #1 on: November 15, 2016, 10:28:12 AM »
Congrats Mr. Wave!

DW and I are on the savings/FI train but still a bit to go before I can get her onto the RE train. Having a partner that is financially compatible is a huge win so congrats on that as well. Good luck on the FIRE journey now that the hair-on-fire debt is gone.

Dezrah

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Re: Turned the fiancée into a saving machine!
« Reply #2 on: November 15, 2016, 04:11:52 PM »
You guys are so cute.  And totally badass.

Sounds like you have a great way of supporting and encouraging each other without domineering or condescending.  Good luck with the wedding.  I get the feeling you guys have what it takes to make it.

misschedda

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Re: Turned the fiancée into a saving machine!
« Reply #3 on: November 25, 2016, 03:13:49 PM »
Amazing! I love to hear about other couples who support each other in FIRE!

HappierAtHome

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Re: Turned the fiancée into a saving machine!
« Reply #4 on: November 25, 2016, 06:01:27 PM »
That's fantastic!! Being 100% on the same page as your spouse with money makes life so easy. I can recommend it.

MissPiggy

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Re: Turned the fiancée into a saving machine!
« Reply #5 on: November 29, 2016, 02:08:26 AM »
Well done! This is very impressive and inspiring!

Metric Mouse

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Re: Turned the fiancée into a saving machine!
« Reply #6 on: November 29, 2016, 03:39:01 AM »
Awesome Dave. It's incredible what two people can do when they work towards a common goal. Good luck, and congrats!

MasterStache

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Re: Turned the fiancée into a saving machine!
« Reply #7 on: November 29, 2016, 07:46:29 AM »
Awesome and congrats.