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I'm getting OUT OF DEBT. Who's with me?
"Even small amounts of debt means paying for the past and not living in the now or preparing for the future."
from Simple Mom blog
We've decided to get our debt under control. We are paying way too much each month towards the past! And not putting nearly enough towards the present or the future.
We signed up for Dave Ramsey's Financial Peace University class that starts in August. Until then, we've started reading the book (because we just can't wait!). I'm mad about how easily I was duped into debt back in college with that first credit card, and madder still at the lack of discipline I've (we've) exhibited with plastic ever since then.
Who else is ready to get MAD at their debt? Do some "plastic surgery?" Kick Sallie Mae to the curb?
Let's help each other! Who's in?
Re: I'm getting OUT OF DEBT. Who's with me?
My Bio (wedding pics added 7/6)
My 101
I'm very wishy-washy on the concept. We have good plans, good savings, but not quite debt-control.
I think the problem is, we could use help, but everything I've looked into seems too basic. We don't need the envelope system, and we have the recommended savings. We just need a better structure to follow, if that makes sense.
I deleted the rest. LSS- I grew up low-income with nothing- as in sometimes no food. I do not intend to cut the little things that make me happy now, and I get frustrated that that's always where they want you to start.
If there is a system for that, I'm on board. If not, I fully support you- way to go!!!
My Bio (wedding pics added 7/6)
My 101
from what i understand, the envelope system is about creating structure. you create a budget to make sure that you're spending less than you make (a novel concept for most americans today). then you put that month's budgeted amount into a categorized envelope. so if you budget $500/month for food, you get your little food envelope and put $500 in it at the beginning of the month, and don't allow yourself (or husband) to use any other money source for food for that month. the envelope has a ledger on it so that you write down exactly where every cent goes. at the end of the month you've either run out or you have some leftover that you can put towards savings or a happy hour or whatever. it's all about structure.
i'm scared of the envelope system because i don't quite (yet) understand how two people share envelopes. and i don't like the idea of carrying/tracking coins. but i'll try anything once.
here are the first steps listed by simple mom:
http://simplemom.net/back-to-the-basics-how-to-get-out-of-debt/
BFP 12.20.2010 :: missed m/c 1/2011 around 8 weeks
BFP @ 9dpo 5.24.2011 :: missed m/c 6/2011 around 7 weeks
positive for ANAs (1:40) with a speckled pattern
MTHFR c677t mutation (heterozygous)
*folic acid, baby asprin, Prometrium, acupuncture, Lovenox*
BFP @ 9dpo 2.1.2012 || HCG = 8 : Progesterone = 19.2
2nd HCG @ 11dpo = 40 || 3rd HCG @ 21dpo = over 5000!
Stick, little one, stick! EDD October 15, 2012
woohoo! that's discipline!!
