Skip to main content

Finally Paid Off That Couch!-Getting Out of Debt

My husband and I started the online course for Financial Peace University at the end of May. We still need to finish the course; we're currently on lesson seven!
We have been on one income for a while because I've been on maternity leave. We had about $700 left to pay off of a couch, which is our smallest debt to get rid of.

I'm so happy that we finally made some progress! We'll be paying our couch off this week! So in just a little over a month, we were able to find the extra money needed to make larger payments!
I wish we would have enrolled in this course a lot sooner!

We struggled with budgeting at first but we're getting the hang of it! We use the website EveryDollar.com, the budgeting website recommended by FPU. It's very helpful because you can see where every dollar goes! It'll tell you how much you've spent and how much money is remaining. It may seem very time consuming to enter what you've paid, but it's probably one of the things that have helped us the most. I initially wasn't going  to enter the payments after we entered the budget, but sometimes we'd forget to pull out cash and would use our debit cards. I'd try to keep it all in my head how much we'd have left over. You can imagine that was very successful haha (I still have pregnancy brain. After ten months postpartum, can that happen??). After decluttering photos from my  phone, I was finally able to make some room for the EverDollar app, something I told myself I wouldn't download.
Baby step number two is discouraging at times because it seems like the sacrifices aren't getting anywhere, but it's definitely worth it in the long run. I can't wait to pay off the next item on our debt list!

Comments

Post a Comment

Popular posts from this blog

Decluttering-Getting Rid of Facebook

I have a month left of maternity leave. To say that I'm overwhelmed is an understatement. I've spent the last year decluttering my house. I recently realized that I need to declutter my social media as well. I don't have a Twitter or Instagram. I only recently got a Snap Chat. I joined a decluttering group about a month ago. At first it was very helpful. I was glad to find other people who were on the same journey as I. I noticed a few shared blogs of their journeys. I thought that was a fantastic idea and shared three posts of my own. It was then announced that posting your own blog wouldn't be allowed. I panicked. I felt like I was in trouble, that I did something wrong. I am in a state right now where I am struggling postpartum so what some may have seen as not a big deal, was a big deal to me. I apologized for sharing my blog, trying to explain that my own posts would be too long so that's why I shared it. But I continued to panic, and with fight or flight, I...
1 comment
Read more

We Own Too Much Stuff

I borrowed this book, Life At Home in the Twenty-First Century a few weeks ago after reading about it in an article. It's an ethnography carried out by the Center of Everyday Lives of Families by UCLA. They observed 32 families in California and their findings were very interesting to me. I tried to talk to my husband about it and he questioned if this was a book that was aimed for people to get rid of their stuff. I explained to him that it's a collect of findings of families of today, and if historians were to look back at us now, this is the kind of reports they would make for the way we are living. Here are a few of the things I didn't know about prior and thought they were very intriguing: The majority of houses are child centered, with art and toys filling all spaces of the home Having a child in the home increased home possessions by 30% Parents expressed stress with the mess in their homes as well as not having time to clean Homeowners were unable to use thei...
Post a Comment
Read more

Pantry Decluttering

I decluttered the pantry before Christmas and am determined to keep it clutter free throughout the year. To save money we only buy what we will eat immediately during the week. We make sure to eat practically everything we have in the house before we go out for groceries again. This leaves our pantry looking bare at times, but it still manages to get full of other clutter. The pantry was mostly cluttered this time around with plastic bags that were accumulating to be recycled. Here is our pantry before the recent decluttering: Our pantry looks pretty messy, but it's not as bad as our first declutter last year. Again, our biggest problem was the plastic bags that had been collecting for recycling. I own reusable grocery bags, but sometimes we buy groceries when we haven't been able to stop home for them. Hence, why we have some plastic bags in our pantry taking up space. We recycled those bags and I got my reusable bags organized and ready to take out.  We also had p...
Post a Comment
Read more