A few years ago, Isaac and I decided that we were going to work really hard to
1. Get out of debt (including student loans) and
2. Stay out of debt.
We paid off our car and credit card balances and, for the last couple of years, we've been able to live completely without consumer debt, which (for us) is a pretty big accomplishment (that's not the bragging part). We've just gotten in the habit of saving up for the things we want/need and it's a great system. We're still working on the student loan situation, but that's going to take more than just a couple years and, in the meantime, we needed to make sure we were on track to accomplish #2 (Stay out of debt). Staying debt-free meant having a fully funded emergency fund and let me tell you, saving 4-6 months of living expenses is hard. It seems like every time we'd get close to getting it "fully funded" something would come up and the little emergency fund would take a hit. Still, we always kept trying and...
WE'VE FINALLY DONE IT!
Yes, folks, that is correct, we have a real-life, honest-to-goodness emergency fund that will enable us to live, even without any income, for 4-6 months! Picture me doing the happy dance...Dance, Erin, Dance!
If we can do it, you can too! And, imagine how fun it will be to do your very own Happy Dance!
5 comments:
You are the bomb! I am so proud of you both. Stick with it! You, Isaac and Roger Isaac Montague will be glad you did.
We decided you should name your baby after the poltergeist (I believe you also named him) in our kitchen.
MA
You need to change the name of your blog to 2.66666 Montagues.
MA
Good for you sister! I am very proud of you!
You should call Dave Ramsey and tell him. He'd be proud.
Love Dave Ramsey! And congrats, that's awesome.
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