This is the fourth post in the Our Journey to Becoming Debt Free series. To read more of them, please visit this page.
Let me start by saying that I am absolutely loving the feedback I am getting on this Our Journey to Becoming Debt Free series. It is great to think that I am inspiring someone else to tackle their own debt to better their life. I know several of you have even started using You Need A Budget. (If you use my referral link here, you’ll save $6!)
Like Dave Ramsey says, if we’ll live like no one else now, later we’ll live like no one else.
We’re a little bummed right now about our debt payoff though, to be honest. As I mentioned Monday, Lucas had an overnight hospital stay this past weekend. Obviously, I know that it was necessary.. but I feel so defeated. Who knows how many months the bill will add to our journey! I just need to remember to be thankful that Clint has a job that provides such a great insurance plan. Help me remember that when I get the bill, please?
So, let’s talk about March. Here’s what we looked like at the end of February:
I hit just a little bit under my $440 grocery budget in March, coming in at $438.42. Go me!
We used the rest of the tax refunds and some of the Snowball and made a $500.00 payment on the Chase. I also finally went to the doctor to have some stomach issues I’ve had going on for around 3 years looked into, so we had an extra $175 in co-pays.
After all of that, we still had another $515.74 to Snowball. But I’ll admit it, I was scared. The idea of throwing every extra penny to debt is hard for someone who has always tried to save, which is silly because what’s the point in building a savings account while you’re building debt on the other side of your finances. But I was scared, so I held onto that $515.74 into the next month. Don’t worry though! We reaffirmed our plan in April and used every bit of it. Come back next week to read about that.
Do you have a “savings” and debt? Why not just put that savings onto your debt? What do you think about the concept?
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