Making Progress

We have made a lot of progress lately (especially since the last post in JANUARY!)

We've paid off a few more CC's, SOLD OUR CAR! Bought a paid-for minivan, and are on our way to becoming home owners.

DR says that you shouldn't buy a house until you have a FFEF, etc (I'll write out the list later), but we just feel like it's time. And thankfully, interest rates are low, we're going to be staying put for several years, and we qualify for a VA loan, so we don't need a down payment (I don't recommend going this route - but we really feel that it is the right time for us).

We're going to buy small - probably under $180k, and we will do a 15 year fixed, with a payment no greater than 25% of our take-home pay.

We can't wait! And debt freedom is just around the corner!!

Still on the Bandwagon… moving slowly

I am writing to let everyone know that we are still on the bandwagon. Things are going slowly right now (thanks to our Thanksgiving trip to UT – which we paid for with cash we had been saving up – and Christmas gifts, which were also paid for in cash!)

So, since we’ve been using up all our cash on the holidays, we haven’t had much to snowball. January is going to be somewhat lean as well as we catch up after the holidays (not that we are behind, but we did put some savings goals on hold – such as car tags, car service, etc to save more money for Christmas so we could make sure we paid cash!).

We’re still budgeting, still using cash only (we’re getting better and better at NOT using the debit card… for ANYTHING).

We’re still feeling great about our financial future!