This post is part of Our Journey to Become Debt Free series. To see the others, please click here.
Let me just repeat this from my last debt free journey post (which can be seen here)–
“That means that yes, except for our mortgage, we are now DEBT FREE!!!”
Ahh! Like I said in my very first post of Our Journey to Become Debt Free, our goal is for me to be a Stay at Home Mom. So guess what, I’m now home full time with my 2 year old ball of energy. Of course, since my Etsy shop Aqua Anchor Designs has been doing so well, especially during the holiday rush I just made it through, I’m more like a work at home/stay at home Mama. But you get my point.
It’s surreal reaching this goal we’ve worked toward for nearly 2 years though. In 23 months, we paid off $23,491.25 in debt!
So surreal, I was afraid to quit my job. I kept telling Clint, but what if this, or what if that. I’ve told you, I’m a worrier.
But now I need something new to focus my busy mind on. And I’m a goals kinda gal. So we’ve decided to not let our momentum down and keep trucking it and set some new goals for ourselves. I mean, really, the last two years has not felt that depriving to us. We still eat out, more than we should, and we’ve been on two weekend trips since then.
Here is a little brainstorming we did to help us set our new goal(s):
- We want Baby Girl to be born debt free.
- We need a Fully Funded Emergency Fund.
- We want to do some maintenance/upkeep on our home.
- We may want to pay extra on our mortgage and/or save up for a downpayment on a bigger home.
- We may want to save up for a vacation soon.
So we know these things now… we just have to make a plan of what order we want to do them in and how we’re going to do them.
For now, Baby Girl being born debt free is first and foremost. We’re praying that my shop income over the next few
months will build up enough savings to make that possible. Once that’s done, we’ll most likely focus on our Emergency Fund.
Do you set financial goals for yourself/your family? What do you do when you reach them: celebrate, make new goals, etc?