I used to hate managing my finances. I worked hard enough all day without having to do more when I got home. Consequently, I did not pay attention and we racked up way too much debt. You would think after consolidating our debt 3x on our mortgage I would have a clue! You know when Gail Vaz-Oxlade tells people that if they keep up their spending at a certain rate eventually they will be [insert Dr. Evil voice here] 1 million dollars in debt. Well that’s us!
OK well it’s not that bad but it is pretty bad. When “get a clue” day arrived in Mar 2012, we had amassed $235,600 worth of
consuming* consumer debt (including almost $100K of interest charges!). [It’s hard to write this]
If you feel bad about your financial situation, jump on board! Misery loves company!! [LOL] I’m interested in sharing ideas to get and provide motivation up as we wrestle this debt monster to the ground.
[* I actually typed consuming the first time. I didn’t notice this until I went back to proofread later in the day. Well it was made consuming and is all-consuming so it kinda fits! ]
Here are some other posts that tell parts of my story as well: