We are Dwayne and Kelly Jones, a young married couple living in Barbados with four children, who went from living paycheck to paycheck to paying $67,000 towards debt in 20 months which made us consumer debt free in January 2020.
Welcome to the DFC League
Creating our FIRST DFJ Budget
How our Debt Free Journey Started
Delaying Gratification is HARD
Delaying gratification is HARD, especially when the purchase is necessary … Over the past few months we’ve been window shopping for 2 major appliances because like everything else in our home, they’ve slowly been going bum 😒. Our search was
Don’t let bad habits prohibit you from reaching your financial goals.
Confession Time: At the start of a recent month, our ‘personal spend’ money for the month is gone. This isn’t the first time we’ve been in this predicament and it’s probably not the last. To be honest, we are spenders
Debt Free Journey vs Mortgage Free Journey
Building An Investment Portfolio
If you’ve been observant, you’ll notice our response to questions surrounding investing has been nonexistent. Investing in it’s true sense is still very new to us. In order to get a better understanding of this ‘new to us’ venture,
Clearing our mortgage vs investing the extra money
This question has been taking laps inside my brain for a while – Should we focus on getting rid of our mortgage or take that extra money and invest? Here’s what we figured out:Scenario #1 – If we invest $800 every month for
Don’t play it too safe
At the beginning of the year we created our 10 goals for 2021. Some of these targets included – save/invest 10% of our net income, keep expenses below 70% of our gross income and pay at least $12,000 to our