Psst. I’m gonna share a little secret with you… I think we’re in an economic depression. Don’t believe me? Consider the fact that more than 100 million Americans are on some sort of government food assistance right now. If EBT cards didn’t exist, just imagine how long the soup lines would be!
We’re debt-free. Finally! The glimmer of light at the end of the tunnel is now a bright sunny day, and we still can’t believe we made it. It’s been a long train ride and we’re ready to get off and check out the sites in that glorious city I call Debt-Freeville.
God-willing, we’re going to be debt-free in a couple of months. Finally. It’s been 4 long years and you don’t know how ready we are to keep our money instead of sending it off to banks every month. We try not to be materialistic but as you can imagine, after 4 years of pinching pennies, there are some things that we are dying to get!
Okay friends, this is the system we used to get out of debt. Blow it up, watch it in HD, and take notes. The point of this budget is to allocate your paycheck ASAP so you don’t spend it on things you don’t need. If you find yourself in a situation where you need a little extra spending money, make yourself an envelope with a certain dollar amount, or up your “Fun” or “Misc” envelope. And don’t hesitate to leave a comment if you have any questions.
Getting out of debt sucks- if you’re doing it right, that is. Depending on how much debt you have, it should be a painful process. This is a picture of my living room in our first home. At the time, we had two dogs and the carpet became so unbearable we ripped it out. But since we were also getting out of debt, we didn’t have the extra money to replace it. Or to even get a rug. We lived like this for a whole year. It was hard. Literally. Cutting back, going without, and selling everything that isn’t nailed […]