Sunday, March 4, 2012

Budgets, YUCK!

Do you cringe when you hear the word budget? I used to hate the word "budget." It felt so unfun and stressful. It made me feel confined and now it has given me such freedom.  Do you budget? 

Drew and I are always talking about better ways to budget our money, save and pay off our student loan debt. This evening, I decided we are going back to writing everything done in a check book. I have gotten away from this. As everything becomes electronic, we use less and less paper in terms of money/checks. Drew and I are in the process of getting out of debt. 

We racked up a nice medical bill when I had thyroid surgery in November. Most people don't realize that medical bills can cripple your fiances. Literally, you can go broke and I understand how people find themselves in financial crisis. We have decent insurance too.. We are in the process of paying this bad boy off.. I am excited because in the next month, we will have knock out this SUCKER! Finally, we will not have to worry about it! WAHOO!!! 

Budgeting is the best way to see where all of your money is going. You won't even believe what you spend your money on.. We work so hard, for so little.. I can't understand how people spend at least $100 on their phone bill each month.. It is a bit nutty to me.. Drew and I spend $65 for both phones.. Budgeting help us figure out priorities... Where is your money going??

We are on the Dave Ramsey plan, baby step 2!  We are taking classes and are continuing our long journey in becoming debt free.. We can't wait to SCREAM  WE'RE DEBT FREE on his live show!

What are your financial goals? 


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