Friday 1 August 2014

Debt Free Take Two

I have not blogged in a really, really long time. Unfortunately we had some major medical issues in our house and it's been a lot to deal with. After two surgeries, my husband is on the mend. Unfortunately, we are also still dealing with our fertility issues but have made progress and have started treatments.

We also managed to pay off our $12 000 line of credit and keep our credit cards paid off, until earlier this year when we both were off work because of my husbands surgery. We also decided to move this year and are in the process of building a house. Our down payment is on our line of credit until we sell our current house.


We took Dave Ramsey's Financial Peace University, and we are going "Gazelle Intense" this time!

In July this is where we started:
Credit Card#1: $500
Credit Card#2: $1350
Line of Credit#1:$5800
Line of Credit#2:$11800
Car Loan:$25800

We managed to complete Dave Ramsey's baby step #1 - $1000 emergency fund and pay off Credit Card #1.

My goal for August is to pay off Credit Card#2 but it might be a bit of a tight squeeze because we still have to make minimum payments on everything else.

It feels good to be back in the saddle and having a plan!!

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