Official amount!

Our official amount of debt is - $22217.96 (this does not include our mortgage). wow. It's kinda sickening when I think about it. But once its paid off it will feel so rewarding! :) so here is to owning two cars and having them eventually paid off! Dave Ramsey wouldn't agree with our strategy because we are not lowering our savings to $1000 and he probably wouldn't like that we have a van that is that new. But this works for us :) please pray for us! It's a constant challenge to stick to our budget but we know it is best! I will post small updates as we lower the amount but my next big post will be celebrating that Joseph's car is paid for!  :)

Debt Snowball!

Several months ago I read The Total Money Makeover by Dave Ramsey (I HIGHLY recommend it!) We decided to do the program to an extent. We came up with a small plan but didn't tackle it too hard, especially with Christmas being thrown in the mix.  I purchased and read the book again and this time we are doing it right! We already had baby step 1 complete so it was time for baby step 2 -the debt snowball! Our debt is only car payments (big thank you to my parents for teaching me financial lessons at a young age! ) - however when you state the full amount it seems like a lot. We owe approximately 23,000 for 2 cars (I will have an official total in a few weeks). As we move along I plan to type updates to keep us motivated! We do have extra money in savings. I was not ready to give that up. It just helps us be on the correct path to baby step 3! :) Thank you for joining our journey to financial freedom!  We are excited!