Friday, June 26, 2009

Cash Ain't So Bad After All!

Well it's been nearly a month since I decided to experiment a bit and try out this cash thing that Dave talks about. As a die hard debit card girl, and someone who has a reputation for being a little bit stubborn, this was not a decision made on a whim.

It was actually not as bad as I thought it would be! I did cash for groceries, medical expenses, and general household expenses. I did save all the receipts in all the envelopes so that I could still divide out things into smaller categories later, and that also worked very well.

It went so well that I re-funded my 3 envelopes today and I am going to go for it again this month too!

Monday, June 8, 2009

Are We There Yet?

Sometimes I feel like a little kid. I find myself asking over and over again, "Are we there yet?" I just want to be done with debt forever so desperately that I feel like this is taking way too long. In reality, it hasn't even been a year. We just turned over our 9th month of our Total Money Make Over and I feel like I was starting to hit a bit of a rut.

I am waiting for that turning point where we hit 50%, and it's not that far away now. We started with $39,216.80 in debt, so the magic number is right around $19,608.

As of June 8
Starting debt: $39216.80
Debt as of 6/8: $21116.50

Amount Paid: $18099.80