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.
* I will also be sharing my progress from the day prior.
My Progress: I had a nice day yesterday. The girls had their second day of basketball camp, so we dropped them off for that first thing. I did some things around the house and then Ro and I went out to run some errands. We actually went to Red Robin for lunch. I had a free burger in my rewards account and we drank ice water. Our lunch before tip was only $5.32. We picked up the girls from camp on the way home. We all had leftovers for dinner. The mail included a FREE full size bottle of salad dressing from PinchMe. I spent a little time organizing my coupons. Our mortgage payment posted. I LOVE seeing the balance go down every month. We are down to owing $71,794.84. We also have a $50k home equity loan that we took out for a downpayment on our rental. We’ll be trying to get that down and eventually gone too. It feels good to see progress though 🙂 I did all of my Bing searches.
What have YOU done to ditch debt ? Let’s make 2019 our year!!