I heard about Dave Ramsey's "Total Money Makeover" when our church did his "Financial Peace University" course. At the time TJ and I weren't able to participate in the study because we weren't attending Sunday School after the twins were born. TJ on the other hand had been already been listening to his radio program and really liked his approach to money. It only took me a couple of days to read his book "Total Money Makeover" and I was ready to start! It took us a few weeks to get our budget worked out, but it has really been helpful for keeping us on track.
I loved his concept of budgeting every dollar. We now have a budget category for everything and have an emergency fund all of those expenses that don't occur monthly. I track where our money is going daily. For the first time in years we've managed to SAVE money!!! We also have not used a credit card since January 1st, 2012. Almost FIVE MONTHS credit card free!!! We have also been able to make progress on paying down our debt!!! It is amazing how fast it goes down if you are not adding to it! In addition to our credit cards we still have car loans, a home improvement loan and my student loans but they are gradually going down as we continue to make our monthly payments on them. It will take us a couple of years to pay off all of the debt we accrued, but we are well on our way to being DEBT FREE! It feels so good knowing that we have our money under control. We have so much going on, it's nice to know that we don't have to worry about this.
If you need a budget makover I highly recommend Dave Ramsey.
I love this slogan from WWII and I try to repeat it to myself everytime I'm about to spend money! It really does help you think twice about the money you're about to spend.
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