Thursday, December 10, 2009

Just Telling the Truth...

I suppose a bit of reflection is needed at times. If you know me well, you know that I'm not really in to how something feels. I'm no Spock, mind you, I just tend to press on and try live my life well and honor God. When you are in debt, you have to look at what got you there.

Some of our debt came after losing our daughter, Rose. It was emotional spending. I felt bad that our other two children had to go through losing a sister and have two grieving parents to deal with. That doesn't make for good spending decisions.

Other debt was just looked upon as "good debt". Student loan, home equity, and an airline miles credit card. Well, when you add it up, it gets pretty large. You realize all of a sudden in your mid-thirties that you've had that student loan since you were 21! You really want that hanging around like a best friend? I don't! I hate it. I'm even considering flying to Killeen, TX and taking that last payment in cash (when that day comes) to Sally Mae's offices! Ha! We'd take pictures, make a toast and then fly back home. That will be a joyful day.

What we're doing is not about any journey. That word provokes thoughts of peacefully floating along going wherever to me (or this). We are on an all out attack (I like the analogy of a race well run-it's a Philly family theme that started from the day we met) to trash this debt and leave it in the dust, never to return. We are not simply going from one place to another. There's a plan with goals all along the way.

So, that's it for now. I'm done reflecting and am dealing with the task at hand-finishing the mini emergency fund. Fund total: $519. $481 to go by our goal of 12/31 (which just also happens to be Rose's birthday).


  1. are truly an inspiration....I went to his website n checked it out...will you be my kinda partner in this..I am now realizing, that when its just me (no Husband) I have kinda taken the "ill spend on me I deserve, its been a while since I can just spend on me and Kayla" thing wayyy to far. I didn't realize it until the other day. Then for me...well I have taken 2 steps. I made a savings account finally, then I also made a vacation fund. Then life showed up..bills unexpected expenses all in the last few weeks. Well after reading about his "emergency 1k fund I decided that I was going to take my vacation fund and spend it on my needed expenses. Therefore NOT touching my savings. That was the 2nd step aka thing I noticed I did differently. Then today I printed out my last 12 months net income from my work so I can REALLY see what I have coming I'm headed in the right way. I'm scared though to go threw my online banking and REALLY see where my money is going "Starbucks, fast food, etc." So can we team up....I know you got my cousin by your side but I need someone to hold me accountable that isn't MY MOM or someone like that...what do ya say?

  2. Wow. It would be an honor to have you help me and me you! Part of the reason for this blog is to help keep us accountable. I'm not going back to my old ways. I know you can do it, and I'll do whatever I can to help you.