There’s changing brewing in our marriage this month! The Man and I are buckling down on our spending and trying to correct bad habits and create positive new ones. It’s going to be interesting and challenging I’m sure, but we’ve discussed it too many times and done nothing. So I figured maybe if I commit to blogging about it all month long we’ll pay more attention to it than ever before. I’m excited to tell you the truth. We could use the extra cash in our savings and I’m fed up with our crazy spending habits! (Pity party shopping sprees, vacations on credit, etc.) SO we’re making some major changes this month. Feel free to help us out along the way if you have some tips to share. (Thanks for all the coupon advice yesterday!)
Expect to see lots and lots of money talk from me this month. I can’t help it, I’m obsessed with the idea that we can do better. (I promise to share anything I learn.) Plus, I hope to hear what works for you yours too. We don’t care what it us. If it can help us save some money, we want to hear it!
Now to kick the month off on an honest note our first order of business was creating a massive spreadsheet detailing what we bring in each month in salary versus what we each have to pay. We also included how much total debt we each have and highlighted which items we could potentially payoff in 2011 and those that would have to wait a little while longer. We thought taking in the entire picture would be depressing, but in the end it we really felt sort of empowered by the whole process.
Looking at our entire debt picture summed up right in front of us made it feel like it had an end-point, despite how massive it seemed. We knew then that the debt didn’t go on forever, and tackling it felt more doable than ever. There was a sort of shared sigh of relief and we thought aloud, “That’s the worst of it? We can do this!”
And so we shall, one day at a time. If you haven’t taken a recent snapshot of your total financial situation, I highly recommend doing so before you start trying to reconfigure your budget and spending. It’s scary, but necessary to know what you’re really working with and how money it really takes to operate your household.
I look forward to talking money with you all this month. I’ll be sharing advice, tips, strategies, and of course, our successes and failures. Bye for now!
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