God has really blessed our finances. We have been trying hard for the last few years to dig out from the debt we had accumulated through various bad decisions over the years. We were able to pay off our credit card a few months ago. I don't remember for sure what the high water mark was but I think it was close to 10k that we owed on it at one point.
Now we are building up an emergency fund so that we don't have to worry about falling back on credit cards anymore. Next up are our car loans. Based on the snowball method, we should be able to pay them both off in a year or so.
After that we have plans to save some money to finish our basement as well as saving for new cars so that we do Naot need loans again (or at least smaller loans that we can pay off quickly) for our next two cars.
On one hand, I want it to happen tomorrow, but when I step back and see how far we've come and realize where we could be 2 years from now if we are diligent, I am encouraged. God has really blessed us in this.
No comments:
Post a Comment