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 pretty good day yesterday. Ro was off for the day, which was nice. I spent a few hours at my parent’s house in the morning because my dad cut his thumb on a saw blade the night before and had to get stitches. I helped him get breakfast for him and my mom etc… Ro cut the grass and we ran to do a few errands. I went to Aldi to stock up on some supplies for the week. I find that I try new products every week at Aldi. For the most part I love their things – especially the prices. I spent more than usual, but I will forgo BJ’s this week to make up for it. Ro and I grabbed an inexpensive lunch out. I made dinner at home and packed lunches for today.
I was sent a $100 for FREE from Best Buy because of HUGE delivery mix ups a few months ago. I ran in there to grab Microsoft Office for our computers. The girls have research projects to do and we miss having Word. The gift card covered the entire cost. I’ve been saving up and I was finally able to send a $3,000 payment towards the roof. We still owe $5,700, but at least a big chunk is gone. I’ll get it paid off – grrr.
What have YOU done to ditch debt ? Let’s make 2017 our year !!