You can find the full list of debt free diaries and the disclaimer here.
1 Year Anniversary
Can you believe how quickly a year passes?
It has been 1 year since we finished our Financial Peace University class. I have to admit- I feel like a failure. On our list of (original) debts we are on #3. That is pathetic. We had planned to be debt free by next March and we have barely made a dent.
Today we ran into someone from our class at church. She asked, “How are you all doing with your cash envelopes and stuff?”
We laughed nervously. “Uhhh….ok. We go in spurts,” I said. “Yeah, we aren’t doing so well either,” she admitted with a smile. 30 seconds of small talk later, and the conversation was done.
So was the impact.
You see the sermon today was about commitment and going beyond just believing. In order to grow, develop and progress in your walk with God you have to commit to spending time with him. You have to make an effort. You have to do actual work.
Getting out of debt is similar.
It is one thing to believe that we will get out of debt (which I do) and to know that we can’t live like this forever (check).
It is another to actually make it happen.
That requires dedication and hard work. That requires soul searching and pushing forward. That part is hard.
A Year in Review: The Good and Bad
Over the past year, we have made progress, and we have had setbacks. We have definitely worked hard and made changes. We have pushed ourselves out of our comfort zone. But I don’t feel like we have “won”. In my opinion, we have been very lukewarm.
Credit Card free for a year
Zero Overdraft fees
We make a budget every month.
No car payments- yay for junkers!
We have no life.
We definitely have made a few unnecessary purchases when things were rough to “comfort ourselves”.
A few hospital bills put us at a six-month standstill.
Although we always write a budget, we haven’t exactly followed it 100% each month.
We are not where we want to be but we are also not where we were.
So, it’s ok for now but it’s time to turn up the heat. We are becoming luke-warm and even I want to spit us out.
Goals for this year:
Don’t just make the budget, follow it.
Don’t just say your are going to use cash- do it.
Don’t just say you are going to work extra- get an extra job.
Don’t just make goals-exceed them.
Don’t just wallow is self pity-run to freedom.
Don’t just try to get out of debt- DO IT.
What are your goals for the year? Comment below!
Mom. Writer. Lover of all things DIY. My mission is to empower my fellow creatives to show money who’s boss, ditch debt and follow their dreams. Achieving debt freedom isn’t easy but our dreams are worth it!