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Dave Ramsey Show will feature local couple on March 16 | News

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Dave Ramsey Show will feature local couple on March 16
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An Alcoa couple featured on WBIR for paying off $92,645 in debt in just two and a half years will talk about their journey on the Dave Ramsey Show next week.

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Alcoa couple offers advice after paying $92,000 in debt in 2.5 years

Emily and Bryant Adler announced on their blog that they'll be on the radio show on Monday, March 16 between 4-5 p.m. (EDT).

Like many Americans, the Adlers were facing a mountain of student loans, amounting to $70,000. The remaining debt was for a car loan, a couple credit cards, and a medical bill. Instead of letting debt continue to add up, they tackled their bills head-on.

The Alcoa teachers used the Dave Ramsey method, paying their bills off one at a time, smallest bills first to their monster college loan. The most remarkable part of their story - they paid all those bills off in just 30 months.

To reach their goal, the couple had to cut back big time.

"I think it started with a budget. We wrote everything down, and we saw where every dollar was going," Bryant told 10News in February. "From there, we basically cut everything that we could. We lived below our means in every aspect of our life - from cell phones to food to clothes to everything. We cut every dollar that we could to put towards that."

They went from iPhones to flip phones, cut off cable, and didn't shop for clothes unless it was with gift cards for Christmas or their birthdays.

Financial planners have heard of cases like the Adlers, but have never heard of a couple paying off that amount of debt so quickly.

"It really takes a dramatic lifestyle shift, albeit, maybe for just a season of life that most people are not willing to do," Paul Fain with Asset Planning told 10News in February. "A budgeting or spending plan just doesn't have to be horribly complex. It's just that the process of a daily or weekly check-in of what you're actually spending to that goal, and then making adjustments."

The Adlers said the first thing step in battling personal debt is to write down a budget, and figure out where a person could make a cut or two.

As of February, the couple still didn't have cable and they still used flip phones. They also created a blog called the Adler Debt Project, giving advice to people battling debt.


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