Finance Goals

I have a date. A get out of debt free date. Here it is.... are you ready??? October 2011. It seems so so so far away. But I am ready. My daughter will be a Senior in college and I will then be able to attack that college debt! I will be able to pay CASH for her 22 birthday. If I take a second job I will be out of debt even faster. I love having a date and hope. I love that I have hope again. If you have hope then you have it all. Oh baby, oh baby, oh baby! I just want to be out of slavery. I want to work for freedom. I want to be debt free. I can do it. We have a plan. I have a budgeted amount. Plus a few snow flakes... Hooray!!! I have hope again. I used the snowball calculator here to figure out the debt. I will be done with CC#1 Dec 2009. I am going to do my best to make that happen sooner. I hate that card with a passion. I hate that I have depended on it like a crutch. I hate paying 27.99% interest. What a sick sick sick choice I have made. But I now have a concrete plan. I have removed the card from my wallet. If I do not have the cash I do not spend money on things. It sounds easy but it is not. It is a struggle when you are surrounded by people who have stuff. But my dream is a home of my own. My dream is to buy a home of our own. And now I have hope that we'll be able to buy a home before I am 50. Hooray!

We also had some great financial news. My daughter gets her license Monday. My daughters car insurance is a LOT less then I imagined it would be. Good good news. So I am using the 2006 tax return I just rc'd to pay for the bill of ~600.00 From the 7++ return. The remaining $1++.00 will go into the emergency fund. I want it to be at least $2000 because I know my daughter will need contacts eventually too.

So... balance is the answer. To live a balanced life. To balance my dreams. Once the emergency fund is fully funded. (It will take about 7 months.) I will be setting aside the $130.00 I put away every month towards those planned expenses (Contacts and car insurance) After I budget correctly The rest will go towards Debt. Debt free by October 2011!!!
Hip Hip Hooray!