Hey y'all! Wow.. nearly 1.5 months since I posted! Life certainly gets in the way when you let it but I have NOT given up on our quest to become debt free.
I have been updating the little total ticker there on the right sidebar, and if you look you can see we've paid off $3,220.13 since I started this little blog in September. That's just 3 months worth of effort. Not included in that total are 2 medical bills that popped up, incidentals on a trip to Michigan, baby shower gifts, Thanksgiving expenses, and the fact that we have gotten ourselves a baby emergency fund in place. I've started a side Avon business (link on the side) to bring in some extra income and Hubs and I have been working our way through Financial Peace University Online. Oh and there's this little thing called CHRISTMAS coming up so a little extra income has been allocated toward gifts the past month as well! Whew… it has been a busy month but I'm feeling really encouraged about where we are right now even if this month's snowball payment was fairly small.
The plan for December? Pick up those few last minute Christmas gifts, pay cash for 2 new tires on our car, and hopefully attack the snowball a bit harder. Also this month we have 3 family birthdays and Christmas! I’m planning a little extra for restaurants and fun things like going to see the lights in Gatlinburg or other Christmas-y things we can do as a family. The holiday season has a way of wreaking havoc on the budget but we are trying to be as prepared as possible! We also plan to finish up our FPU classes and move forward in 2015 with a more complete budget. This will make us cut back a bit in some areas but will also help us save for a those inevitable rainy days. Things like new tires or dryer repairs or unplanned medical expenses will have their own sinking funds monthly so that when these kinds of expenses pop up, we will be ready for them. Even with these extra categories, we will have money leftover to apply to the snowball and will continue to push toward becoming debt free.
We are wrapping up this year faster than I would like but we feel good about our plan for the next one!
Are you making any special budget considerations for the holiday season? Do you have any budget related goals for 2015?
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