...so you can live like no one else."
That is a quote from Dave Ramsey's book, The Total Money Makeover. Basically he preaches that if you take control of your finances now, you will be able to live how you want later.
It's such a simple concept. Live within your means. Spend less than you make. Proactively decide each month where your money is going to go, instead of wondering at the end of the month where it all went.
Brian and I are committed to changing our financial habits and taking control of our financial future. 100% committed. We're going hard-core, all cash, dividers in my wallet. This is no joke.
Our money is going to all the areas we NEED (such as food, gas, clothes, insurance, medical, etc) but as lean as possible. We do even have an entertainment fund, because in order to be successful we need to be realistic. Everything else is going to debt.
A lot of our debt is from adoption expenses or adoption-related, such as travel to Ethiopia. I wish I could say that was all, but unfortunately we got used to spending and incurred some credit card debt as well. Plus we still owe on our car.
So our mission is to get completely debt-free, minus our house. And our motivation (besides the obvious freedom we will have) is Disneyland! We sat the kids down, explained our plan to them and told them that as soon as we have reached our goal we will take the family on a Disney vacation. The kids are super excited, and even motivated to help us out. You will even hear one of them remind the other that we need to save money when there is an urge to stop somewhere like McDonalds.
So why am I telling the whole world about this? Because I need accountability. We've been doing this since the beginning of February, and so far it's been fun - a good challenge. But I know there are going to be times that are tough, and temptations that are strong. So I figure the more people who know what I am doing, the harder it will be to cheat. :)