I have been paying on my debt but I made that decision to move forward and start paying extra on small bills I have. My car payment is first because its the smallest amount I owe right now. If I just pay the extra 40.00 a week it will be paid off by the end of NOV!!! It was nice to watch that number go down today even though I already made my normal payment I jumped in and sent another 40! And I survived.
Now Dave Ramsey says to build a 1000.00 emergency fund. Sounds crazy when its hard to save money. But makes sense too because stuff happens and there is nothing more stressful than trying to figure out how to get the money to fix the car or furnace or what ever. So that will be something I am going to work on.
I got my binder all organized. It is not fancy at all. Just simple. I put my bills in there and write on them when I sent the payment and write down the owed amount in the calendar part.
I put my financial goals in there also.
Working on the non student loan debt first will make facing that student loan debt a little easier. I am still looking and learning what is the best way to tackle this debt when I am ready to tackle it.
The hardest part is seeing what I am paying in these things and thinking how stupid we are to get to this point. Because we could be saving that money instead of paying off debt that we should not of gotten into in the first place. But it is what it is and it needs to be taken care of. Still its sad. But we will live.
Just taking that next step is the hardest.
No comments:
Post a Comment