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 $205,500 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: Am I the only one who thinks it’s crazy that it’s already August 1st ?? Even though July was so HOT here it still feels like it went fast. I was pretty frugal yesterday. I actually went to the grocery store twice to use up coupons that were expiring last night. I had a coupon for a FREE Oscar Mayer selects item with a value up to $9 (wow, who would price them that high?). I had several other coupons to use up. I hate finding an awesome coupon the day after it expires. What a bummer.
I got some great bargains yesterday online. I got the FREE (after cash back) Seventh Generation dish soap. I love that stuff. I also snagged the $5 Ebay code from Recycle Bank. I cashed out 2 vouchers from daily deal sites before they expired. We will have some fun things coming in the mail. The girls got thier Crocs today from the deal that I posted last week. They were so appreciative. It was sweet.
Well, this week is pay week so I’m trying to be very strategic about our money this week. I have to call the cable company today because they snuck some extra charges into our bill this month and I have to make sure they take them off. After paying the bills we should have some $$ left over. I need to see whether we should pay down the mini van (Can you tell I’m dying to get rid of that payment?) OR if we should put it towards the appliances we will need soon. I have to give it some thought and talk to Ro about it. I know Dave Ramsey always talks about doing the budget on paper before the month begins, but we’re going to be a little late with it this month. As I said August kind of snuck up on me this time 🙂
What did you do ? I hope you had a blessed day. Leave a comment You could be the August winner. You could make 2012 your year !