One of the biggest reasons for creating MommyLuvs2save was to create a community of moms and dads who want to help their family save money when buying essentials in order to free up money for debt repayment. My own family has paid off over $111,500 in consumer debt including credit cards, student loan debt and 2 vehicles. I am a teacher at heart. I want to use the skills that I have learned to help YOU ditch debt. I want to encourage each of you in your efforts so that one day you can feel the freedom of being debt free. I’m not quite there yet either (we still have a mortgage) so I need encouragement as well
It can be very difficult to pay down debt. There are many temptations to spend money. We live in a culture that encourages debt and spending. In addition, expenses come up and there never seems to be any extra money for paying down debt. I want to urge each of you to participate in a challenge. Just leave a comment about one positive step you’ve taken for your family each day. Did you eat in instead of going out? Did you save money at the grocery store? Did you pay extra on your credit card? Leave a comment below and we will cheer one another on every day and every step of the way.
The challenge is to leave a comment about what YOU have done to work on getting debt free each day. One winner will be chosen to win a $50 Amazon gift card at the end of each month. To participate in the challenge you must comment on at least 10 posts during the month.
* I will also be sharing my progress from the day prior.
My Progress: I got an early start yesterday because Ro wasn’t feeling well, so I got up extra early to help him get off to work since he couldn’t call off. My really exciting news for the day was that the lawyer’s office called me to tell me that my check is ready to pick up. For those of you who don’t know on October 30th of 2011 we had a freak snowstorm and I had to go to a local hotel for a master’s class. Needless to say, they didn’t remove any of the ice out front and I fell pretty hard (as did 3 of my classmates). Apparently 2 of my classmates even complained to the front desk before I even got there and they didn’t put any salt down. I ended up missing over 3 months of work and nearly broke my ankle and I injured my knee pretty bad. It was awful. I’m not a letigious person, but they were seriously negligent and I didn’t think it was fair for me to lose months worth of wages when it wasn’t my fault. Well, anyway the check is at the lawyers office and Ro and I are going into the city a little later on to pick it up.
The check will be just enough to pay off our 2012 Toyota Sienna. That is our “responsible” plan for the money. We will then go back to being debt FREE except for the mortgage. Here’s the thing… It’s SO hard to do the smart thing isn’t it ? It’s so tempting to just say “Hey hon, let’s take the kids to Disney World. I know that wouldn’t be smart (especially with us being down to one income), but sheesh it’s tempting. Paying down debt is hard, hard work. You have to deny yourself so much and honestly we’ve never been anywhere as a family. I’m going to pay off the van before I change my mind. There may be a few hundred $ leftover (we’ll see), so I decided that whatever is left is going into a Disney fund. We haven’t decided whether we want to go to the park or go on othe cruise, but the girls are old enough now to really enjoy it. I ordered the Disney cruise DVD that I posted yesterday. It should be fun to watch with the girlies and maybe it will make me feel better about watching the bank account go UP and Down again all in the same day ~ ha ha!
5 reviews for Viepoints
What did you do? Leave a comment We’d love to hear about it You could make 2013 your year. Who will the January winner be ? We’ll see…