After 7 years in the same big, wonderful, comfy house WE ARE MOVING. I'm a little sad as I stare at those words. After all, Ellis was only 8, Evan was 11 and Ethan was 12 when we moved in. We've had some awesome celebrations in this house. We will be saying goodbye to our dog and our cat. We will be packing up and downsizing.
You see, we have come to realize something. There are things that we love about our life. But there is one thing we hate. We are in DEBT. Big time. We closed our business two years ago, but before we decided to quit we tried to keep it going with credit cards. Yup, big mistake. Plus we owe on a business loan that we used to get things started. Not to mention the thousands of dollars we owe for my health issues earlier this year. Our list of debt is several pages long. Our credit went from good to bad in a matter of months.
I calculated it the other day and was shocked to realize that I work 6 out of 8 hours a day in my little cubicle to pay minimum payments on that debt. Now I don't mind working, but let's be real here. I am trading my time for payments on credit card debt that is going UP because of penalties and interest. I think we owe more right now than we did last year, and our spending has actually gone down! One of my credit card statements said that if I continue to make my minimum payment, I would never pay off my balance! Don't believe me? Check it out. I scanned it. Enough is enough.
So we are JUMPING into a new story; one that will involve risk and sacrifice and not knowing what is around the corner. We are following Dave Ramsey's plan to get out of debt. As a family, we will not settle for less than financial peace in our lives.
I will keep this blog updated with our search for a new, cheaper place to live. Right now we are just praying that God will open some doors that we cannot. Please pray for us if you think about it! Also, I would love to hear about your own stories of debt and the journey to be debt-free. Feel free to share them here or send me a message if you feel more comfortable. Thanks for stopping by.