Working For Financial Freedom

Still Here…Still in Debt

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I can’t believe it’s been over 2 months since I updated the little debt tracker on the right side of my blog. We’re still plodding along. At least the debt number is getting smaller.

On a personal note I’ve been silent recently because I just feel overwhelmed. Overwhelmed with the finances, the flu, moving, our DIY landscaping project, and all that cames with putting a house on the market. I’m all for doing things yourself to save some money; but sometimes, with work, family, and life it makes it really hard to get it all done. Thankfully, we are seeing the light at the end of the tunnel. Our yard work is done and the house is on the market.

I’m also disappointed. I had set a goal to have our debt paid off April 1st. That was 5 days ago and we still have $22,439.92 left. I think I may have been a little agressive in our goal to pay off $58,000+ in 12 months and maybe I should have left a little more wiggle room for life surprises.

So, do you want the bad news or good news first?

Bad news:

1. Husband’s bonus was half of what we expected it to be. His company’s growth has not met their goals so they cut everyone’s bonus. I’m SO thankful that we don’t depend on this bonus for our basic needs, but I had counted it when figuring out how soon we could be debt-free. A smaller bonus puts us back some.

2. Mustang still hasn’t sold. We need to get on the ball with this and get it re-listed and drop the price. Once this is sold it should reduce our debt by about 10k.

Good News!

Yeah! Now the good stuff..

1. Ranger was sold. This was a paid for beater vehicle that my husband has used forever. Kind of sad to see it go, the kids have loved riding around with my hubby in it. Now I’m just waiting on the check to be deposited so that I can put the $1,500 on our debt.

2. Yard is done! The retaining wall, plants and new sod are all in. We did it ourselves (or should I say that my husband did most of the work) and it looks fantastic.

3. House in on the market. It’s been about 2 1/2 weeks so far. Just getting it on the market was a huge hurdle, now we need to find a buyer.

4. The amount of debt we have is getting smaller each week.

Hmmm… now that I have it all written down the good really outweighs the bad doesn’t it? I think I should have done this sooner. I let myself get down because we weren’t going to meet our original goal. But we are in a much better position than we were a year ago, and for that, I AM THANKFUL.