Cash Bash

Financial freedom

 

That pile there is all of our credit cards cut into pieces because as of today this family is cash only. We have our budget and our envelopes on the fridge and today we start the fight for financial freedom. We were really good for a while and then having two kids back-to-back screwed us over along with our laziness and poor planning. But with Child the Third’s impending arrival and neither of us getting any younger, we decided now was the time to get this shit under control for good.

It’s like a credit vasectomy. And it feels good. Snip. Snip.

Of course we have to actually pay off the balances that are on those cards to be truly free, but we have a plan. It’s on a steno pad and everything. So wish us good luck and don’t feel bad when we only give you handmade presents or bathtub wine. It’s best for everyone this way.

4 thoughts on “Cash Bash

  1. Good for you. Did this. Thought it was impossible to get a grand in an emergency savings account, but then sold stuff on craigs list and at garage sales and within a few months, had it. Then tackled debt. Now we are debt free.

  2. Thanks Kristi. It’s hilarious how easy it really is when we put our minds to it. We’re lucky that we both have good jobs and, aside from the credits cards for eating out and random vacations, we really don’t leave above our means. We have two cars with low payments and a really low mortgage and no other crippling bills. It’s just a matter of keeping track of what we spend and directing the excess money we have in the right direction toward paying this stuff down.

  3. Thanks Tom. When this is all paid off we have one card we’ll keep for emergencies and hotels and rental cars, but that’s it and yes, pay off at the end of the month. I hope to eliminate at least one of the car payment too in our three year plan.

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