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Thursday, July 17, 2008

WE DID IT!!!

Yay! I'm so excited! We did it!!!

What is "it," you may be asking. Well, I'll tell you.

Last year, in August, I decided that I really wanted to have more control over our financial future. You know, pay down debt, save for a house, retirement, etc. So I got this great book called The Total Money Makeover. It's great, has lots of practical advice for paying down debt, etc.

One of the things the author recommends is setting small, reachable goals so you don't get overwhelmed. So, I decided that for my (our) New Years Resolution, we would pay off $5,000 of credit card debt during 2008. (Luckily, we have 0% interest, so all money we pay goes to principal).

Well, today was the day that we achieved our resolution!!! Yay! From January 1st, 2008 to July 17, 2008, we paid off $5,000 of credit card debt! I'm so excited!!!!! And, I'm doubly proud because Dan was in school for most of this time, so we were only living on two full-fledged incomes since mid-May.

True, we still have more debt to pay off, but it feels so good knowing that we made a resolution and achieved it! Hope I don't sound like I'm bragging; I'm just very excited!

3 comments:

Anonymous said...

You should be excited, that is great! Love, Mom

Nancy Coates said...

Good Job! That's great and something you totally should be proud of. I know how hard paying down debt can be, it takes real dicipline. Congratulations! I'm proud of you both.

Amanda said...

Thanks, you guys!!!