It’s that time again for us to reevaluate our budget. As I had mentioned in an earlier post, we have decided to work hard to become completely debt free. We are following the 7 Baby Steps to Financial Freedom and are in step 2 with a bit of step 4 & 5 mixed in.
Well, we have made it through yet another month. As hard as I thought this was going to be, I have to tell you, it’s really not at all. As a matter of fact, in a weird way I think it’s easier.
Every time I sit down to pay the bills I don’t have that stress I have always had. Since every penny has been budgeted it makes it so easy. I know the money is there. I don’t have to flip flop things to pay one now and borrow from another. You know how that goes…well, that bill can wait a couple of weeks so I’ll pay this one now and wait till I get paid again to pay the other. No more of that for us.
My son came in and said he had outgrown a bunch of items and I was like no problem because I had clothing money building just for things like that. I had to buy an unexpected gift, no problem, have money building up for that too. It’s such a relief and just wish I had done this 25 years ago. But you know…it’s never too late to start. And it’s a great time to teach my kids.
So, with all of that said, I am happy to report that our debt has been reducedyet another 1% for a total of 4%. That may not seem like much but I do feel it picking up speed. And as I always say…it’s better to go down a little than go up a lot.
Stayed tuned…I’m in an organization mode. I’ve got some great organizational methods planned to show you that will help you save money, keep your money organized and keep your life in order. First up will be that coupon organization I promised.
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