Sticking to a budget,,,,,

Majicmike

Majicmike

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IS HARD, if y’all see me show interest in a thread that has something for sale please have a MOD delete it.
I committed to buying something here so I’m selling things to offset the cost. 2 weeks into our debt free plan in 3 years just went a little backwards.
 
The problem is I lived so much of my life paycheck to paycheck. The last 5-7 years we’ve had a good little bit of extra income. Saved some but blew a lot. On paper we can pay all debt off in 3 years if we stick to it while Still saving a little. We are getting close (within 8 years) to retirement age and I would love to be debt free before that time comes.
 
My advice would be stick to it, even though it sucks. We are debt free except our house and it has been very freeing to not have payments to make.


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Quitcher whinin SKS go buy your daughter that jeep :D
 
Majicmike said:
That’s like clockwork and the best advice for anybody regardless of age. Wish I would have started in my late 20’s or early 30’s
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Some of the best advice my mom ever gave me. One other thing when getting debt free is to pay off a bill and then since you are already set up to pay it continue to do so. Just pay it to your savings or maybe half at least and pay the other half on another bill.
 
Majicmike said:
That’s like clockwork and the best advice for anybody regardless of age. Wish I would have started in my late 20’s or early 30’s
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Agreed. Someone told me to do this when I was a teenager. That, along with focusing on building excellent credit, have been some of the best advice I’ve received.

What we’re really talking about here is instant vs deferred gratification. You can blow it all and live to the fullest now, or you can dial it back a few notches to ensure you can live how you want to live in your later years. This is becoming a foreign concept in this age of “instant gratification or nothing”.
 
A budget is like a diet, you need to have a cheat day once in awhile so you have something in the short term to look forward too. Treat your budget cheat day as reward for reaching a goal.
 
Paid off the house this year. Paid off all the other debt previously. The only thing I have left is a car payment and I can't wait to get that thing paid off. Debt free is freedom. Feels so good to have the house paid for.

Of course I have purchased like 6 firearms this year as well, that has to stop. But the pandemic and political atmosphere is going to help that.

We have one 2019 and the other car is 2003 both Toyota.. :)

Dave Ramsey and my wife....
 
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