We have been so BUSY! With good stuff!!

Since I last posted…

*We have have paid $12k on my bonus sons student loan 🎉🎉

*We are in the middle of cash flowing summer vacations

*We have now paid over $35k since we began this journey in November!

INSERT HUGE CELEBRATION HERE

For those of you considering changing your lifestyle, or trying to pay off debt… it CAN be done! It’s crazy how “simple” it is. I put that in quotes because it is HARD work and dedication like none other but the principals are simple.

On my Instagram page (moneyonmymind02) you can follow more up to date progress. I encourage you to follow financial pages (debt free hashtags, frugal, etc) as I have found this to be a huge source of encouragement. What’s crazy though are the {dare I say} cat fights I occasionally see in regards to Dave Ramsey’s plan versus the avalanche method. In DR’s plan you pay smallest to biggest whereas the avalanche goes by highest interest rate. I’ve watched people call DR fans “cult members” and I’ve seen others bash the avalanche method for not doing it right 🤦🏻‍♀️

I always chime in and say it is YOUR journey! We started with the snowball plan due to having small debts that we wanted done quickly. That made sense! But then we jumped over to the avalanche method to knock out a high interest credit card. Here’s the deal- follow whichever plan you want! Mix it up! If you are intentional in your finances and are slashing through debt– who cares what plan you are on?? I’ve seen people start with automobiles and leave small debts waiting. For them it made sense to knock those out first. Who am I to judge?

Start somewhere. We took some HUGE leaps and dumped a lot of monthly bills to get going fast. Not everyone can or wants to so that! (Lemme tell ya… I don’t miss cable but I do miss my cleaning lady! 😭😭) Do what works for YOU!

We’ve made some major progress. We are working towards pre-paying (I guess you’d say) our summer trips. So this month there’s no “snowball” so to speak but we still have a plan and that is the most important part.

Anyone knew to the journey? I’d love to hear from you!

Thanks for reading!

For now,

Cara Roxanne

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