Thursday, September 10, 2015

Turning the corner

Hello everyone!

Here's a thorough update on how things are going. I couldn't have written this in the recent past for shame, but now I feel like I can share. I've succeeded in dramatically slowing down my shopping for clothing and craft supplies in the last month (and am on a ban for both for at least this month, but probably longer). The odd thing-- I feel like I just turned a corner last night- I decided, I CAN DO THIS. I can fix this, and I think I know HOW. Suddenly I found the light, some clarity, whatever this positive energy is- and I could not be happier. I have some mountains to climb, but I'm feeling strong and purposeful and like I can beat this. I'm hoping this positive feeling is not temporary- but I FEEL like it's not. In the terms of the group I am involved with on facebook for the KonMari process, I have reached a 'click point'.

The husband and I ordered a very nice bed frame (pictured below) with two night stands that were on sale for $3000 total. Currently, my bed is on box springs on the floor. My nightstand is the same beat-up piece of crap from when I was a kid. I'm so happy we're going to be like 'real adults' and have a 'real' bed. In reality we could have waited as there are always sales, but I'm glad we didn't. It's quality and solid wood, will last for years. The matching dresser (pictured below) was out of my price range for the time being- it's an additional $1800 (on sale, probably much more regular). This is going to be my motivation to curb my shopping, as silly as it sounds. I've easily spend this much in months past on things that really don't matter- it's about time I put my $$ where my heart is and spend it on things that I'd much rather have! I'm really so very excited about the future.

I also suddenly feel like I can conquer what debt we have accumulated over the past few years after reaching debt-free status in 2009. I have been ignoring the finances/goals while shopping with what money we had left after paying bills (like I stated before, a major major backslide for the last 5-6 months happened). Here's a quick 'where we at': We've got about $6k on the credit card (typically a monthly balance of $2k is expected for/ paid each month since most bills go directly here) and still just under $10k owed to my car loan, as well as just under $37k on the house. The plan had been to be debt-free (except the house- that's to be paid off in 5 years) again by the end of the year! I'm $16k behind. 

Instead of feeling sick to my stomach and wanting to ignore it (and just make the payments and pretend it's all fine), I suddenly feel supercharged. I can easily beat this- I know it! I feel motivated and empowered and freer than I have in a long time. I'm moving some of my savings to pay off the credit debt by mid October, upping the car payments, and stopping shopping to keep everything where it's supposed to. I won't make the goal by the end of the year, but I'll be back on track and definitely will reach it next year. We want to start trying for another baby late next year, so it works out perfectly (so we can afford to pay for daycare for another one without being really cramped for money, which is about $8k a year). 

Going forward: With our 'excess' income (including our bonuses and our tax return, which should net about $11k!), we'll be boosting the savings back up (goal of $10k), saving for the dresser ($2k), and saving to finish the kitchen remodel ($5k), as well as paying down debt. We also need to put aside money to get a new truck for my husband in the next year or two, but that might come out of the savings and then get paid back. This all means no indiscriminate shopping for me anymore- only real needs. I also need to get tighter in all the finances, we've been lax with eating out, grocery overspending, etc. It's very apparent to me that I was acting very disordered in the recent past, blowing money without regard to my goals in particular on STUFF I didn't really need. It's about time I got back to reality and sanity.

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