Monday, September 3, 2012

Dare I dream?

DH and I are once again embarking on an adventure.  An adventure in Financial Peace University. We have taken the classes before, tried and failed.  BUT!  We are going once again.  Our debt isn't astronomical, but any debt (even the "good debt") is contrary to God's word.  "Neither a borrower or a lender be" isn't just a line from Hamlet, but comes from the book of Proverbs.  We have over the years seemed to spend our tires around baby step #1.  The saving of the initial $1000 for an emergency fund.  During the last FPU classes we managed to save the thousand dollars twice and it was spent twice.  The Government (bless their heart NOT) took it the first time, and then household things like AC going out, car repairs etc, took it the last time.  We get a bit nervous getting excited about this step because once we say out loud that we have that step accomplished, something happens to take it away.  So forgive me if I don't update things too loudly.  We are moving right along is all I will say.  Barring any unforeseen circumstances (Good Lord willin and the creek don't rise) we will have my DH's student loan paid off by 9/14.  Then we will tackle a credit card.  My hope is to have both the student loan and this one credit card paid off by the end of the year.
Funny thing debt.  If you have a good credit score you can get more of it.  Hmmm  I am beginning to realize that maybe I don't want any more debt.  Whatcha think?
***pause here*** wish you guys could really hear this.  Knight in shining Armour, Rubic, and Einstein are in Einsteins room playing "little big planet" and singing Bohemian Rhapsody.  Yea.  Interesting goings on at the frugal maven ranch.

Anyway, back to my original topic.  Want to know an interesting tidbit?  Larry Burkett once said that Americans could live off of minimum wage if it wasn't for debt.  I have found this to be true for us.  In order to keep us motivated I made up a "Dream Budget".  What our budget would look like with no debt.  Not even a Mortgage.  We could live off of what I make part time.  Dh's response to this is "Okay I'll just retire then".  Uh no!  LOL.   But at my age, to think of going into retirement in 15 years with no debt, no mortgage, would be a fantastic thing.  It is the best retirement plan in my opinion.  WOW.  So dare I dream this dream?      I have to at least try.   


  1. Same goal pay off debt. Daunting task.

  2. just like eatingan elephant. Take it one bite at a time. Lol