Our family dubbed 2016 our #yearofno. This was our inspiration that encouraged us in our debt payoff journey. You can learn more about that here.
One of the biggest changes we made in 2016 was breaking our fast food habit. We have five kids, so we’re always on the go. That lead to a lot of food to go in the form of fast food runs, pizza deliveries, and even constant drinks at the gas station.
With a family of 7, you can see how that dug our debt hole even deeper.
Getting that spending under control was a must. And I’m proud to say that we cut our fast food and pizza budgets down to a tiny fraction of what it had been. (Hey, no one’s perfect.)
We spent hours searching for a Cub Scout uniform. Days, even. I had already begun shopping for a new one when we finally found it. It was in the very bottom of the toy box. (What? You don’t keep clothes there?)
I can’t tell you how many times this scenario has played itself in our home. Over the years, I’ve had to purchase more things than I care to think about, all because of disorganization. It’s amazing how expensive it can be to not clean. Cleaning my room isn’t something I can always keep up with. But when I do, it saves me a ton of cash.
I’m a huge fan of creating S.M.A.R.T. goals for myself and my family. The years we write down goals that are specific, measurable, attainable, realistic, and timed are the years we make things happen.
And boy did we make things happen in 2016.
We set our sights on our biggest credit card debt. We decided to focus exclusively on that single debt. While others need the quick win of paying off a smaller debt, we wanted to take out the monster.
“Boredom, anger, sadness, or fear are not ‘yours,’ not personal. They are conditions of the human mind. They come and go. Nothing that comes and goes is you.” ~Eckhart Tolle
Isn’t that a fascinating quote? For some of us, being stuck at home sounds limiting or boring. For others, it’s the dream. (Hello introverts!)
Regardless of your feelings on the topic, it’s nearly always a great way to save money.
Statistics show that 97% of all households* hate to meal plan (*statistic possibly made up). But when a chore can save you so much time and money, it’s hard to totally ignore it.
When I hate doing something that’s necessary, I find the best way to streamline it. I cut the fat as much as possible. (Pardon the pun.)
So I’ve got some tips for simplifying. Plus I like to do cheap meal planning. What’s the point if you aren’t getting paid for all this work?
Winter is drab. We don’t have to dig into the cold weather for long before I start wishing for living plants. I’ll sometimes treat myself to discount flowers while I’m at the grocery store just to lift our spirits for a few days.
But then I realized that I could lift my spirits while trying to make a buck. And that’s even better! Especially when you’re taking part in the Secure Your Savings and Find Peace in the New Year challenge.
Today’s post is a simple way to earn a few bucks. If you have a green thumb, this is going to be a cakewalk. If not, no worries. This plan is pretty foolproof.
So Guy 1, we’ll call him Fred, set a New Year’s Resolution. He’s going to get in shape this year. So Fred looks through the ads, does some research, and decides on a few pieces of exercise equipment that he’d like to own.
Fred’s got some money saved up, but he wants to get a deal. So he heads for the store with the best price. While he’s there, he picks up a couple other things and signs up for the warranty. He had to put some of the cost on a credit card, but he should be able to pay that off soon-ish.
Guy 2, we’ll call him George, also has a New Year’s Resolution. He’s going to declutter the house. That exercise equipment has been nothing more than a clothing rack for the past 2 years. It still works just fine…but what’s the point if no one is going to use it?
Welcome to day number one of the Secure Your Savings and Find Peace in the New Year series! Are you excited? I hope so, because I sure am. We’re going to change the way you see money and bills this month. And this change is going to rock your entire year.
I’m passionate about finding ways to fund your sinking fund so you can get ahead. No more worry about extra bills rolling in at just the wrong time. Learn more about what this challenge is here.
Only 8% of all people accomplish their New Year’s Resolutions (source). Why do you think that is? I think it’s because they make half-hearted attempts at making a change only to quit before they really get started.
You’re going to rock this new year! 2017 is the year you get your finances in shape. I’m here to help you through it.
Today is the start of the Secure Your Savings and Find Peace in the New Year 30 day challenge. Let’s talk about exactly what this challenge is and how you can set yourself up for success.
This brand new 30 day money challenge will set you up for success in paying off debt.
One year ago, my Hubby and I discovered a fatal flaw in all of our carefully laid plans. We were good at setting goals for ourselves each year, but we were struggling to meet them. Something was holding us back from everything we wanted to accomplish.
That something was a nasty habit called Debt.
We could see in black and white that nothing could really be accomplished until we knocked out our credit card debt. Only then could we make big changes in our lives.