One of our mutual goals this year is to get serious about saving and getting our debt paid down and we have done very well on both and have a lot of big goals ahead in the next couple of years.
We have struggled with selling our house or staying in it a while and have gone back and forth on that subject but with the economy the way it is, we have decided to stay here a few years, fix it up and continue paying off the few bills we have left and saving as much as we can. We figure if we do those things, in a couple of years when things are looking up , we will be in a much better situation to make decisions on what to do next.
We want to get back to being more frugal, which is how we lived for many years. In the past few years we have loosened up our stand on finances and eaten out a lot more then we should and spent a bit more than we should but we are getting back to basics and getting and staying on a budget to accomplish our goals.
We have paid off two credit cards in full and one of them just raised our rate to 31.99 percent even though we never paid late and always paid more then the minimum so we paid it off right in the nick of time before they raised it sky high. Both Suze Orman and Dave Ramsey have been predicting this will happen to card holders in good standing but it is still a shock when they do it.
Saving is what we are working on now and just making better decisions to get a bit put away a month. Every dollar counts and we are going to cut out the stuff we spend too much on, which is eating out hands down. Bad habit of ours.
We feel that 2009 is going to be one of our best years ever and that for the first time we will see ourselves meeting financial goals we have not been able to get to in the past. We are very determined to make these changes so we can meet our future goals, retirement savings, personal savings, the home we truely want, and financial security.