Jeremy and I are starting to become debt-free. We don't have any everyday credit cards, but do have 2 car payments, a mortgage, land payments and those student loans that never seem to go away.
We are in the process of reading a book by Dave Ramsey, titled The Total Money Makeover. People we know have paid tens of thousands of dollars off in as little as one year and a half.
I have heard that the book is tough on you. No shopping - am I sure about this?
In all seriousness, the plan works. Only buy what you can pay cash for. Might sound easy right? Jeremy and I thought we already did this.
Nope. Wrong!
Here is the hard part - this little "rule" applies to everything - even vehicles and homes. Wowzers! Do you know how much we like cars? We are the family that trades all the time! This is going to be the hard part.
We are going to go on a little spending break. Believe it or not, grocery shopping feeds my shopping addiction. It always has. But now, instead of me going shopping with a husband who impulse shops like I do and two tired little girls, I go by myself, which I enjoy.
So, this is our "Becoming Debt-Free" story. It better work since I can't buy anything! I am sure it will work.
In other news (Ha! Ha!), today is Macie's last day of summer school. She is then out to spend the summer with Grandma Donna. I am sure this will entail long conversations about small things, plenty of kid songs in the car, and many episodes of The Suite Life with Zach and Cody. Looks to be a memorable summer mom!
Last night, I made the Stroganoff-Style Chicken from our menu this week. (Very yummy, by the way!) Macie said the sweetest thing after eating dinner.
"Mom, if we were going to infinity and beyond, I would want to take that chicken stuff with me."
This being said to a parent who likes to try new things but sometime they are not the way you anticipated, forcing you to eat leftovers...
My heart melted.
Thursday, June 19, 2008
Let's play a little game of catch up, shall we?
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2 comments:
Nathan and I started a budget not too long ago. We write down everything we spend money on and give so much cash a week to each other and thats all we get!! It is soo hard, not buying anything extra at all and not just eating out and doing what we want. Hopefully it will work for you b/c we are trying to save more money too!
Not sure how I found your blog, but nonetheless.....
My husband and I have been doing "Dave's Plan" for about 5 years now. We started with a little more than $50K in debt (that's w/o the house) and paid it all off in about 22 months, making about $60Kish a year. It's so doable and the best part, IT CHANGED OUR MARRIAGE and the WAY WE GIVE. It's phenomenal. Stick through the tough spots, encourage each other often and watch the debt just melt away. It feels so good! I'll say a quick prayer for you guys!
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