Ditchin' Debt

This week was crazy for us. We are officially refinanced (which took what feels like an eternity) and this is our first week paying more for a whole week of daycare because my father, who normally watches my daughter on Thursdays, had surgery and is out of commission for a month or so. We are a bit worried about money this week because we've been paying so much debt the past three weeks. I think we went a little too hard but we'll be ok! So this week we didn't pay anything off, but we did start our taxes! We're expecting a lot for our tax return which we're hoping will make a nice dent towards our last credit card and our Disney trip we have planned. I know you're not supposed to go on vacation while doing this whole get out of debt journey but let's be real. As much as I love listening to Dave Ramsey every morning, he would say not to go on vacation until all my debt is paid off. But, I'm not a super hardcore Ramsinite who follows EVERYTHING he ...

I started this blog in October and since then I have gained 50+ followers every month. At first, I didn’t know what I was doing. I had a twitter account but I didn’t use it to promote anything, it was just to see what other people were tweeting about. I had a plan of attack when I started the twitter, and I'm going to tell you how I managed to get my followers. *As a disclaimer, I don’t have thousands of twitter followers. But with the numbers I’m getting, I’m heading in that direction* Tweet at least three times a day Tweeting at least three times a day helped me get into using my twitter more. This also shows people that you use your twitter and it’s an account that they should be following. What I did when I started is I would do a personal tweet, a blog related tweet (personal finance), and I would reply to someone who tweeted something. Be SOCIAL on Social Media It is VERY important to interact with people you follow and that follow you. If you are constantly...

This week, we didn't pay off as much as I would have liked to. BUT we still paid off something which is what I care about. We have a good reason why we didn't pay off as much as in the previous weeks. We paid off: Medical bill ✓ As of January 1st, we have paid off $1,678.46! Now you may be wondering why we only paid off one debt this week when we paid off so much debt the previous week. Remember last week when I said "We wanted to make sure we still had enough money left to pay for utilities and other bills later in the month." and week one I talked about Murphy's law . Well, it was smart of me to not pay off so much because Murphy came around! In my previous blog post  Refinancing your mortgage, and what you need to know!  I mentioned that we were refinancing our mortgage, which will finally be done this month. Well with doing a refinance there are closing costs on top of closing costs, apparently.  Luckily, most places can put the closing c...

This week was huge for us! We FINALLY started our debt-free journey and let me tell you, I'm hooked! We paid off: Wifes Credit Card  ✓ Lowes Credit Card  ✓ Old ER bill  ✓ Electrical outlet job  ✓ We wanted to pay off more but we also want to be cautious. We wanted to make sure we still had enough money left to pay for utilities and other bills later in the month. As of January 1st, we have paid off $1,620.04 ! Pretty good for only 2 weeks into January! The plan for next week is to pay off 2 dental bills , and another medical bill and next month we start chipping away at my credit card. My Credit card is the largest one we have. About two years ago we purchased a new roof that went on both my wife’s credit card and my credit card. Then a few months ago we bought a new furnace for our home that I had to put the rebate amount on my credit card. It’s going to feel so good lifting that weight off our shoulders! If I were to do it over again I would h...

Every week I’d like to do a weekly report of our progress getting out of debt (I know we’re finally starting) I’m not one to jump into something without doing a lot of research and obsessing over it for a few months. This week we paid $100 towards debt. Not a lot but it’s something. We have a bunch of pending medical bills that we’re paying before we tackle our credit cards (which I can’t wait to do) After paying off the $100, the next day we had to take my one and a half-year-old daughter to the ER. She was diagnosed with RSV, bronchitis, and pneumonia. Instead of putting the $150 on my credit card I paid for it fully! I was talking to my wife about how Murphy’s law really does poke their head out when you’re trying to do something new, or get out of debt. I won’t let Murphy control us though! I would like to pay off some sort of debt every week. Next week I would like to pay off 2 more bills that have been pending for a bit. Slow and steady wins the race! We are...