How We Paid Off $11,000 In 7 Months

11.05.2018

DEBT PAID is such an awesome feeling!!! Better than ever charging anything on a credit card. In fact I actually felt the opposite when I spent on a credit card. I would walk out of clothing stores after spending too much money with an awful ache in the pit of my stomach. I know there are some out there who find spending a thrill. This is NOT me. I find spending nauseating and I find being in debt suffocating.

THEN WHY?

I thought it was necessary. I thought it was just what everyone did. When in reality, it’s not what everyone does, but what has become an acceptable practice in today’s society. That and the credit card offers came in abundance since we always paid our bills on time. And I spent on those cards to receive discounts and award points. What a waste of money! Because of my poor spending, I’ve never benefited from those discounts or reward points and I always paid many times more for my purchases due to the high interest rates. And yes, 15% is STILL a high interest rate.

NO SAVINGS?

No savings. 😊 I know some think you should start off by saving up a certain amount of money first and then begin paying off your debt. Not me. I decided to start paying off my debt by… paying off my debt. 😁 Not that I think a savings is a bad thing. Certainly not! And I can’t wait until the day my debt is paid off and I can finally have a savings. But I haven’t had a savings in almost thirty years so I figured that savings can wait a few more years until my debt is finally paid off.

UNEXPECTED EXPENSES?

Definitely! Not only was I able to pay down over $11,000 of our debt, but I was able to pay unexpected expenses in these seven months as well. Joe’s car needed over $700 worth of repair in May and I forgot to budget for the chicken feed and the dental bills which we incur a lot of. Adding the chicken feed to the budget was simple because that cost doesn’t change. However the dental bills are a little more of a challenge since the cost changes often. But still easily paid because whenever an unexpected expense came up, we simply didn’t pay as much to the debt.

MY MINIMALIST BUDGET

I reviewed a few other printable budgets and couldn’t find what I was specifically looking for so I decided to write up one of my own. It’s now available in PDF for you to use as well! It’s super minimal, super simple and super free! 😍 It lists all expenses and the three accounts I recommend. To see how I manage these three accounts, watch my video LARGE FAMILY MINIMALIST BUDGET.

Sign up today and receive My Minimalist BUDGET for FREE!

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  • Alert! Sad story ahead. Don't read if your day has been fabulous so far and you don't want anything ruining it. 😄
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So two days ago I cried into these stairs for soooo many reasons. If you've been following my stories, then you know the counter top installer cracked our IKEA no-longer-being-made kitchen sink. Because we had to run out and quickly buy a similar one, they didn't charge us for the install. Ya. What I didn't mention before is that even though these two came highly recommended, the install of the counters was poorly done. They left gouges in the wall, they didn't finish the trim and the trim they did finish was cut unevenly. Thankfully I knew how to fix everything but what a disaster. I should have just installed it on my own. Then this past Monday we had our carpet replaced. We paid extra so I wouldn't have to move the furniture. When they arrived, not only did they say that they don't move furniture, while it was being torn out (different than the counter top people), they tore off parts of the wall along the stairs. I only showed one photo in my stories but it was all along almost every step. Then he told me to expect lots of scuff marks on the wall. "It's to be expected. They should have warned you." What?! So I told him that I just finished painting this entire house and to please do his best in not scuffing them up. He agreed. They finished early Tuesday and as soon as they left, I got to work fixing their mess. Only this time around, it was a lot more challenging than fixing the counters. This is when I just broke into pieces. The next day we were refunded our "furniture moving" money but the damaged wall is in dispute. Ya. But let's look at the bright side, we were able to fix and repair all the damage left behind. Happy Thursday 👍 .
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