Adopt A Debt Free Way Of Life
If I had it to do all over again and could start my marriage from the beginning I would make better financial choices.
My husband and I came into our marriage with about $5,000 in debt which we could have easily paid off and been debt free but we had no idea of such a concept. We did what we thought most newlyweds do…we began planning to purchase a home. In the meantime we wanted to get a larger vehicle to accommodate our quickly growing family so traded in our fully paid for Honda Accord and financed a Mitsubishi Montero. After financing the truck my husband and I both received raises which did nothing but fuel our desire to spend.
We ate out quite often and loved to go out of town. In the first few years of marriage we will have purchased a new home, financed two cars and decided I wouldn’t work anymore. Shortly after becoming a stay at home mom I felt alone and overwhelmed with my husbands working so many always gone. I could cope with the seventy hour work week and felt like a single parent. I urged my husband to become self employed which was a very slow and expensive process. In the beginning their wasn’t enough income to support the lifestyle we had created and our finances where hemorrhaging faster than we could earn them.
Needless to say, with the debt we had stacked up, we were not prepared for one income living. We had dug a deep hole that I didn’t think we would make it out of. Over time we began to petition God to give us direction in hoe to manage our finances. During this time my husband began listening to Dave Ramsey on the radio while working. He would come home and try to regurgitate all of the information he had learned. I had not seen my husband get this excited about anything but football prior to this point. So I started listening to Dave on the internet because I couldn’t catch the station at home. He would listen while on the road working and I would listen at home. When he’d get home we’d discuss the conversation we’d heard earlier in the day. This was the beginning of our ascent out of debt.
That was five years ago. Today we have no consumer debts and are on the way to paying off our home. It’s been a long journey and we still have a ways to go. In the beginning of our marriage we were not good stewards over our money but today we have come to know what it means to manage our finances well.
If you had it to do over again, what would you do differently?
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