Every Windfall has a name

Why Debt Stinks: Every Windfall Is Already Spoken For

I read Paid twice every day and she often inspires me. Today Her topic really hit a nerve. It is the main reason I chose to get out of debt. My grandmother passed away last summer. My mom started talking about giving us some of the money she will inherit. It was a very generous offer but something about it nagged at me. Mom said wont it help you get out of debt? Gulp, it left such a sour feeling in my stomach. Something just wasn't right about spending my inheritance on debt. Stuff that is already long long gone. I wanted it to help me have a down payment on a home. I do not want to pay for my stupid tax. I wallowed in different plans for a while. I said I was getting motivated but I did allow new charges on my cards I thought I could make progress that way. HA! In Jan I started hitting the plan hard. New real commitment. I gathered steam and decided no more credit card charges. To this point I have paid off 12%. I wanted to give myself inspiration and I was not able to show progress yet. It is still a little too early in the month. Since I cant tell myself how much progress I have made lately. I decided to check the budget for a mid month check. We are mostly on track to recover in April from the additional $537.81 we were in the hole. There were actually $1094 additional expenses but the tax refund covered the majority of that. This month the money flows continue... She needs a dress, she needs shoes to match the dress she is attending two proms. UGH it goes on and on.

My windfalls saved my emergency fund last month. I have to brush myself off this month I have to say hey girl you fell down last month but you can do this. I have been worried about what am I going to do when the child support ends (Next month) and Big news I am pregnant. How can I afford this baby and still pay off my debt. I am determined to pay off this debt. I will not bring another child into this world in debt. I am going to get out of debt.I want to be lean goal oriented performer. I am on the plan. I am on track but I want to make more traction. How do I do it?


The $600.00 from the gov is going $400.00 for vacation and $200 to debt

My Original plan was to put all of the tax rebates $431 & 141 & 600 towards debt. By using the windfall to recover from march madness I miss out on putting a dent in the debt. But wait... I can hear my mom's voice saying don't beat yourself up look at how far you have come. Look at what you have been able to do in 3 months. That progress wont go away. Take a breath and know that God is with you on this journey.


I feel like a trader... I am trading this debt for the Fed return I am trading this debt for the state return and I am trading the emerg fund for the $600 rebate. All windfalls I could have used to get more traction with. I guess its allowing me to stand in place and not slide backwards but still I want some traction!

Things to say when you are grumpy about money...
Unless you have the money I am not doing this, or buying this.
I am 41 I can say no.