28
Dec
This Christmas season has been much more enjoyable than last year. A year ago we were without work and had no money left in our emergency fund, this year we BOTH have great jobs and we are quickly repaying debt and rebuilding our emergency fund. I know it sounds very basic, but the emergency fund has become an obsession. We are throwing every extra cent we earn into the emergency fund as we understand that this economy could see one or both of us unemployed in the blink of an eye. We won’t stop funding the fund until we have a solid six months of living expenses in our savings.
30
Dec
You will notice that all the debt bars on the right side of the blog have been updated. I have put together a spread sheet of all our non-secured debt and you can see it in all its glory on the right side of the blog. In the past I hadn’t included all the damage as I wasn’t serious about eliminating the debt. The past two months have seen me and my wife get on the same page and get serious about debt elimination. I think it took me contemplating personal bankruptcy for my wife to really understand the dire financial straights we were facing.
This is a preview of
Getting the blog numbers correct and spelling out a plan.
.
Read the full post (336 words, estimated 1:21 mins reading time)
27
Mar
I was reading a newspaper online the other day and came across an article explaining when and how I was going to receive my “economic stimulus” tax refund. According to my social security number, my check will be mailed to me on May 9. We should get $1800, $600 each for my wife and I and $300 each for my two children. While $1800 is not a huge amount of money, it is a nice chunk of change to throw at our debt.
