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: It was a no spend day for us yesterday. I had bought lunchmeat and milk on Saturday so I think we’re okay for awhile. We got to bed very late on Saturday night, so it was kind of a lazy day for us. We did laundry and other household “get ready for the week” jobs, but didn’t spend any money. We did go to Lowe’s to do some appliance comparative shopping, but we left without making a purchase.
I earned 27 Swagbucks and cash out for a $25 gift card at one of my survey companies. I also used up some overly ripe bananas by making banana muffins. I’ve paid the mortgage and utility bills for the month. I may send an extra payment to the van, but other than that I am looking forward to beefing up the sickly emergency fund this month. I did watch Suze Ormon on Saturday night. It reruns at 12 midnight. I couldn’t stay awake to watch the whole thing, but I’m sure they’ll repeat it some time this week.
What did you do ? I hope you had a blessed day. Leave a comment You could be the August winner. The winner for July was Lindsey (at dor….. ). Congrats! Thanks for sharing your journey with us. You could make 2012 your year !