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 used a coupon for a FREE loaf of bread at Target. The girls were with me and I was determined to walk into Target, get the FREE bread (the coupon expired yesterday) and walk back out without getting anything else. The girls found about 1/2 dozen items they wanted between the bread aisle and the register, but I prevailed and we got out of there with our lone loaf of bread. I know it’s a small thing, but I kept telling myself that if I bought them each a toy, sparkly skirt or whatever, my bread would have actually cost around $15 and that’s too much for a loaf of bread he he!
After Target, we took a 45 minute trip to my brother’s place. The kids spent the day riding bikes and playing with their cousins while my brother fixed my front and rear brakes and rotors. Hopefully, I won’t need brakes for a long time. It feels great to be safe and it only cost about $200 for front and rear brakes and rotors (ceramic brakes and some fancy rotors- I don’t know much about that stuff). We were invited for dinner and left shortly after helping to clean up. It was a pretty frugal day, I’d say !
What did you do ? Leave a comment