Wednesday, December 2, 2009

Happy First Anniversary

Yesterday was a year since I wrote my first blog! So much has changed for us financially I can't even begin to imagine where we'd be now if we hadn't made the decision to become debt free. And while we still aren't there, we are MUCH closer. In fact, we'll make our last payment to credit card debt this month and start 2010 with only a truck payment. Here are my top 3 things I've learned this year, and what's worked the best for us:

1. USE CASH: I'd heard of Dave Ramsey but never paid much attention to his plan until this summer. I was still hesitant to use a cash only system. In this day and age it seems "old fashion" and inconvenient to use cash instead of a debit card, but that's just not so. Also, from my experience using a debit card is NOT the same as cash. It's just too easy to swipe the plastic, it's painful to hand over tangible cash.

2. BUDGET: My old budget didn't work because I would plan for what I would like to see happen with my money. When I took total control and told my money where to go, I was able to stick to it. (Example: I used to *hope* that I could spend less then $15o a pay period on groceries. With my new budget, I tell myself I *must* spend less this $150 because that's all the cash I have.) It's amazing what you can so when you have to!

3. BLOGGING: And reading blogs. Sharing ideas is the best way to find a budget that works for you. When I feel myself slipping or wanting to have a pity party I read others blogs and get all the motivation I need. So thanks to all the fellow bloggers!

Here's to another year of blogging and reaching new goals!