As life slowly gets back to normal, I have to be thankful for everything that we have. Hubby lost his job at the end of last year but with his severance package, we were able to pay off our car. That's one less debt to worry about and one less monthly payment.
We were also able to completely rid ourselves of a consolidation debt payment that was slowly taking a toll on our bank account. Financially speaking, that monthly payment made absolutely no sense and so we finally paid it off.
Another tough but smart financial decision we made was to pay off our credit cards and bring our balance down to zero. As far as big debts and monthly payments are concerned, we are debt free. Finally.
Now we look forward to the future and we have big plans and possibly acquiring the biggest debt we will ever have thus far, a mortgage.
We are hoping to remodel, as I've talked about before, and so have applied for a loan from our bank. Fingers crossed we can secure the loan to finally realize our dream of a bigger home for our family. However that means that this will be biggest financial decision we will make, the biggest debt we will owe and the toughest decision we will make in terms of our finances.
Hubby hustles to make sure we have the funds to not only pay off debts but to pay our basic monthly expenses as well like the light bill, putting gas in our car and paying our children's tuition. We also look toward the future and hope that all the tough financial decisions we made thus far have been the right ones.
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