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 had a no spend day yesterday. I cooked my little heart out by making 4 family sized meals for the freezer in about 90 minutes. I made a huge crockpot FULL of chili, as well as, 3 other meals. I’m going to take 1/2 of the chili over to my sister so that she doesn’t have to cook tonight. I may sneak a quick hug in for my new little niece. I may make a loaf of bread to take with it so they have a complete meal.
I was able to snag the FREE card from Cardstore. I also got the FREE Disney Family Fun magazine subscription ( I got one for my sister too!). It’s funny, whenever there are freebies available I end up making sure that I post it for you guys hoping it will still be available when I get back to it. I was happy the Disney magazine was still available. I also got 3 different samples in the mail yesterday.
I put a new batch of the girl’s old clothes on Ebay. When looking at all of our accounts yesterday, I realized that our emergency fund is getting below my comfort level. It’s time to kick it into overdrive and to sell our old house. I need to get a little more creative. I also need to tighten up the wallet and be vigilant about spending as little as possible. I’m going to be stretching the pennies until they scream for mercy.
What did you do ? I hope you had a blessed day. Leave a comment You could be the February winner. You could make 2012 your year !