Feeling pretty good so far. My wife and I have been working gung ho to get out of debt since January of this year. In 9 months we've paid off over $5,000 in debt and saved up $1000 in case of emergency. After that we still owed around $10,000 on our van, needed to buy a 2nd car, and needed to pay off around $2,000 in back taxes that we just realized we had.
We got our 2nd car, so now that's out of the way. We've got the van down to a little over $7,000, and I just upped my payment to further that along. And my wife is working on the back taxes with her paycheck. If all goes well, we'll be debt free by late Spring for the first time since getting married 11 years ago!
Then it's on to saving for a house. We're debating on whether to save for a home loan or to just keep saving for around 10-12 years and pay cash (hoping for around $100,000, not expecting the current low economy to still be the way it is by then) and not worry about interest.
It'd be pretty amazing to own a home at 45 years old without any debt after getting a late start on it. As of this past January we had zero savings and were struggling to pay rent and buy food.
Not bad for a couple of uneducated parents with two kids making less than $60,000 combined income

And now that my wife's gone back to school and should graduate in a year, that time table might be moved up. Fortunately, we've qualified for grants. So all she's been paying for are books.