Getting back on track

I love the holidays as much as the next person but it’s so easy to get lost in the shopping frenzy and forget about budgets and financial goals. I don’t know about you guys but we went over budget on Christmas presents. Every year we say we’re gonna cool it on buying so much but it never happens. It’s mostly my fault since I do the shopping. I see things and I think the boys have to have it! When really, I know that’s not true at all.

So we’re left picking up the financial pieces when January rolls around. We’ve been on a journey with Dave Ramsey for over a year now to get out of credit card debt and although we’re much closer to our goal than we ever thought possible we need to get back on track to be rid of it once and for all.

That’s why I’m proposing something drastic. A spending freeze for the entire month of January.

Some of you have probably heard of this before. Although we did the bare minimum of shopping when we first started the Dave Ramsey program we never coined it a “spending freeze.” But I’m making it official. There will be no shopping for the month of January. Aside from groceries and personal items we will not be buying anything. We truly have everything we need. This is about needs versus wants. And willpower. Lots of willpower.

I’m excited to see where this leads. I’m wondering how much we’ll have leftover at the end of the month to put toward credit card debt. Obviously, if an emergency arises we’ll have to try another month. We shall see . . . wish us luck! Here’s to getting back on track financially in the New Year!

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