Friday, February 13, 2009

Our Budget Update

I am proud to say that after working VERY hard on our debt and budgeting like a mad woman we are officially out of credit card debt! WOO HOO! Doing a little happy dance over here! :D We still have another 2 months to go on my student loans and about another 12 months on the car loan (which still has another 3yrs before it would be paid if we stuck with the standard payment), but we are well on our way to now owing anyone anything but love :) We have started a savings account for our upcoming trip home in July and will soon be able to pay for the entire trip in cash, that is defiantly the first time that has happened! Plus with the new baby on the way I have worked out the total 1st year expenses and as soon as our trip fund is filled we will be moving the allotment to the baby fund. I have to thank the Duggar family for their very inspiring book that has taught me that it IS possible to live debt free no matter what the situation. If they can do it with 18 kids I can do it with 2! Looking forward to being 100% debt free!!

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