New Found Enthusiasm!

Lately, I've been reading some books and blogs that have inspired me to get back to paying off debt again. We got through Christmas paying all cash and I'm now ready to payoff all the credit cards!
The first one is small, less than $1,000 left. So I'm very motivated to get it gone next month! In addition, all but $150 is left on old medical bills. That will be a weight off my shoulders!
So I will be tracking our monthly progress through the bar on the side of my blog. Hopefully this will keep me motivated!

Comments

Post a Comment

Popular posts from this blog

How To Give Your Budget A Kick In The Pants

Image
Multi-Tasking Doing things step by step is a good idea.  We follow Dave Ramsey's principals.  It keeps you focused on one single goal.  Multi-tasking is not my forte, so I've learned to do one thing well and when it is finished move on to the next thing. In life, this doesn't always work.  With three kids, sometimes I need to do three things at once.  Usually no one gets my full attention and nothing is completed quickly or accurately.  Sometimes I don't even hear what they say.  So to focus on one child at a time while the other two wait, works much better for me. Even in cooking when the rice needs to cook while the chicken is baking and the veggies need to be steamed, I usually get two of the three done and we end up waiting for the third thing to finish cooking.  Our home budget had been humming along in slow mode.  Small deposits going into multiple tiny sinking funds, for future purchases: Christmas, auto repairs, animals, accountant, insurance.  Nothing
Read more

Christmas is Always in December!

Are you ready?  Did you plan this year ahead of time?  Did you save up?  Or is "planning" using a credit card and paying it off for the next year. Our family hasn't used credit cards personally to charge any item at all since 2001!!!!!  And I'm still paying them off.  Can you imagine the Christmas presents and interest I've paid? This year and in previous years, since discovering Dave Ramsey, we've created a savings account for Christmas.  Any type of expense that is not monthly like Christmas, Auto Repairs, Vacations, or Insurance, I've created a "sinking fund".  In this fund I put a 12th of the expense every month.  So if the insurance is $175 a year, then I divide that by 12 and transfer $15 a month into a sinking fund.  Then when the bill comes due, it doesn't put a $175 hole in my monthly budget! We do this for Christmas too.  A 12th of the Christmas budget goes into the sinking fund every month, so that when November gets here we hav
Read more

Christmas is Almost Here!

Well, the kidlets are out of school for two whole weeks!  I'm finishing up the last of the shopping online.  One down, one to go.  DS last present is the only thing left to buy! The week had its ups and downs with spending.  I didn't actually budget for any lunches out, but I ended up spending quite a bit in that department.  I should just plan for a few "running around town, need a bite" type meals.  Although after a fun afternoon yesterday with friends at MickeyD's, I did manage to get me and all the kids to eat at home today and we had frozen pizza for dinner last night too.  I warmed up pizza for them to eat in the car between softball practices.  That saved me at least $20+.  Now all the kids and two friends are running around outside while I finish the online shopping and balance the checkbooks.  So nice they aren't being lazy all afternoon watching tv!  Love it! Been planning the last payoff of a computer loan.  Looking forward to bidding that adeiu! 
Read more