Today, we’re going to be talking about something that is, for some reason, extremely taboo. So, I made sure to get my Taboo Tea here! *sips* Because, we’re going to be talking about debt. And, for some reason, bills and money and debt is something that is just not talked about.
I just… I didn’t like how it felt. I knew we had all these student loans that we had carried with us from college, and so that was the real event that got us kicked into gear and started our debt-free journey.
The first thing we had to do, once I added up all the debt, once I had my UGH-Sick-and-Tired Moment, we had to get real with our spending. So, I needed to see where exactly all this money had gone. We don’t live in the lap of luxury. Yeah, we have a flat screen television. The couch behind me? Bought that secondhand. Fancy car in the driveway? Nah, at the time we were driving an ’07 Honda Odyssey minivan. We really didn’t have anything to show for the almost-$60,000 in debt that we in fact had.
I prefer the hybrid method of the debt bonfire, because I want to utilize every available method and take advantage of the best aspects of each one. If you find yourself making exceptions to the debt snowball or debt avalanche method, maybe it’s time to admit that you should be creating your own plan too!
We are here to help you continue your debt journey… because it can be a long one!
Stick to it, stick to it like glue! Stick to it like a spider on the wall! You really have to make it a priority in your life, and make it something that your life is now about.
Do you know how much you’re giving away in interest over the duration of the loan, just for someone to manage your money for you? Once you see this, you won’t want to keep giving extra money to the bank.
I realized maybe if I got my finances in order, I could really start pursuing a life that I was happy to live.
The first 90 days of starting to budget, and starting to keep track of your money, and figuring out where your money is going, …