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029: Getting out of debt with Andrea Ide

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Manage episode 223196904 series 2282514
Content provided by Jon DeWaal and Liminal Space. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jon DeWaal and Liminal Space or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Money influences most major life stages and seasons of transition. This was true for Andrea Ide and her growing family. In January 2010, Andrea and her husband, Andy, found themselves at the end of their ropes when it came to personal finances. They were $56,000 in debt with no idea how to get out from under it short of winning the lottery. They desperately wanted to buy a house, but didn’t qualify for a loan because their debt to income ratio was too high. They are smart people (much of their debt was from the grad degrees that they each have), but didn’t know what to do when it came to money. After 30 months of scraping and intentional spending, Andrea and Andy were able to pay off their debt as well as save enough money for a down payment for their first home.

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51 episodes

Artwork
iconShare
 
Manage episode 223196904 series 2282514
Content provided by Jon DeWaal and Liminal Space. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jon DeWaal and Liminal Space or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Money influences most major life stages and seasons of transition. This was true for Andrea Ide and her growing family. In January 2010, Andrea and her husband, Andy, found themselves at the end of their ropes when it came to personal finances. They were $56,000 in debt with no idea how to get out from under it short of winning the lottery. They desperately wanted to buy a house, but didn’t qualify for a loan because their debt to income ratio was too high. They are smart people (much of their debt was from the grad degrees that they each have), but didn’t know what to do when it came to money. After 30 months of scraping and intentional spending, Andrea and Andy were able to pay off their debt as well as save enough money for a down payment for their first home.

  continue reading

51 episodes

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