>> Tuesday, December 02, 2008
Our snowball keeps a rollin'...
And I'm not talking about the 3" of snow outside, but our debt snowball! I finally got bills paid with the final check of November and was able to pay off another credit card! (happy dance!)
AND, when we rolled the amount we were paying on that bill over and added it to the next bill in line, well, that one will be paid off this month! About 3 months faster than I had anticipated! WooHoo!
As I watch our debt decrease it feels like a weight is lifting from my shoulders. I am much less worried about the economy than many people I know and I feel like I am in control (of my money, at least).
We've paid off almost $8000 in debt since we began the FPU class in June. Doug didn't get any pay increases during that time, nor did we receive any unexpected windfalls of money. Instead we quite spending frivolously, made a budget that we stick to, began spending only cash and cut unnecessary expenses (like cable, a home phone line and lots of eating out).
We've scaled back on Christmas giving this year and are opting for more time with family and friends.
If you haven't "done Dave" yet I highly recommend his process. It works!
And if you're "doing Dave" tell me how it's going!