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: Wow, February already ! So, we’re one month into 2013 now. What have you accomplished this year so far. I’m excited to have paid off the mini-van. I guess that’s my main January accomplishment. I also just last night paid an extra $700 on the mortgage. I was hoping to pay $750, but I’m still happy. I also paid off the Discover in full (as usual). That’s about all I’ve done so far in 2013. Our emergency fund hasn’t gone up much, but I’m putting my Discover on ice for a few months to see the difference. I’m going to start using the envelope system TODAY. I’m splitting up our money for the week and once the $$ is gone, it’s gone.
Ro was able to go into work an hour late yesterday, so we went and had our $1.59 breakfast at our favorite diner. It was nice. That was really the only money that I spent. I spent some time getting ready for our little puppy that will be coming to live with us tomorrow. Olivia and Kayla (especially Olivia) are so excited. I’m not looking forward to all of the work of a puppy. I think they are harder than babies in some ways (you can’t stick a diaper on ‘em).
I organized our paperwork and coupons. I have several deals that I plan to do for food for the girl’s upcoming birthday party. I’m going to make chili in the crockpot and I have everything I need for that. I think I have coupons for most everything else I need. I downloaded some new FREE Kindle books. I love getting free books. I also snagged the free chips sample I posted yesterday. My brother in law was over and he fixed the ice maker on our fridge. It stopped working during Hurricane Sandy and hasn’t worked since. I’m happy to have ice again (ahhh, the little things).
What did you do? Leave a comment We’d love to hear about it You could make 2013 your year. Who will the February winner be ? We’ll see…