Yes, that’s right. I’ll be out of debt this week! It’s going to take a lot of my savings, but today I’ll be moving money out of my emergency fund and some of the kids savings account to make up the $2,800 that I need in order to say goodbye to the credit card debt.
That means that I’ll be making the gas gauge 0%, removing the chip-in widget, and start moving on to saving for Christmas!
Some things I’ve learned along the way:
- Not everyone will understand your desire to get out of debt.
- People don’t understand delaying getting something that they think that you can’t live without now.
- It’s difficult to budget without spending much on yourself– but once you get in the habit, it’s easier to resist spending money you don’t have. In fact, it makes it seem odd when you spend a lot because you wonder what you could have done cheaper.
That last one happened this weekend. Saturday was VirtuousBlonde and my anniversary. Her mother sent us some money to eat out, so we knew we had the money. We went to Denny’s, and ordered our meal. At the end, when we got the bill, it was over $40 (before tip) and it felt really strange to spend that much for food. We usually keep it under $20 with the five of us (well, the youngest is free). We started to analyze the bill and saw a bunch of places where we could have saved money. We had to say “hey, we have the money, we should live once in a while!” That’s how ingrained saving money has become.
So, a bit of encouragement: It might be hard to budget at first, and sticking to it might seem a pain, but eventually it becomes habit and you’re free– because you aren’t borrowing on your future!