Friday, July 20, 2012

Debt Free and still saving...




Scott and I have worked for years to become debt free, and when we finally reached our goal, it was such a good feeling, so satisfying that our hard work had paid off. When we began reading The Simple Dollar blog, there were all sorts of ideas to help us on our road to financial freedom.
Recently, the blog had a post called: The Big Trade Off. Reading how they sacrificed so many things to have what they really wanted, made me feel encouraged to keep budgeting, spending less, and making good financial choices. Yes, we are debt free, but you can't just stop there and think everything is going to be fine. We still have a mortgage, and we know how important it is to have an emergency fund, so we are still saving. We are going to keep saving until complete all 7 baby steps in the Dave Ramsey's Total Money Makeover. We are almost done with Step 3. It takes some work, and lots of reminders that, "We don't really need that" or "What is a higher priority?" Thinking ahead to where our money does go, and being frugal. It is tough, but it will be worth it. It is even more tough because we have a family of 5 living on one income. Will talk more about that one later...

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