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I Finally Started My Blog

November 5th, 2010 at 07:16 pm

I have debated whether to start a blog for a long time. But I decided to take the plunge and go for it. My hope is to become financially at peace, meaning that I won't have to worry about bills or having enough money in the bank. I love the ocean. It always makes me feel free. My husband and I go to the beach every year even if it's just for a short weekend. We always say that when we become more financially secure we'll take more trips to the beach. We are only 2 hours away from the ocean. But until that time comes we have a lot of work to do. This year we have been working hard at lowering our expenses. We were paying close to $900 in rent (we do not own a house yet) a month. But we found a cheaper place and now only pay $610/month. That was quite an adjustment because our "new" place is not nearly as nice or as new as our other place was. But to save $300 a month, it made the most sense from a financial standpoint. I had a car that we paid off in May. I was paying $300 a month for it. Also we had a furniture payment of $250 a month. (we will NEVER finance furniture again; such a waste!) But we paid that off in September. So already we have a savings of around $850/month! And we plan to continue getting rid of all unnecessary expenses. My husband's car will be paid off next Spring. Once his car is paid off we will not have any more car payments, which would be another $350 in savings each month.

We made foolish financial decisions in the past, trying to keep up with our friends. But we have learned that we have to do what's best for us. And personally, I'd rather have money in the bank instead of all the latest gadgets and luxuries.

7 Responses to “I Finally Started My Blog”

  1. creditcardfree Says:

    Welcome to SA! It sounds like you have done a great turnaround financially. Congrats and keep up the good work.

  2. baselle Says:

    You've got a great start - sounds like you are freeing up nearly $500/month, which is FANTASTIC position to be in (I figure that fiscal gremlins will get you for the other $350). Keep us posted as to how you are figuring out to get the money to save to work for you.

  3. NJDebbie Says:

    Welcome! I agree that you are off to a great start. One bit of advice, now that your car is paid off and your hubby's car will be soon, protect your investment by maintaining your cars. Schedule oil changes, tune ups and do repairs when needed so that it won't cost you more down the line. We have a 2001 Suzuki GV that still looks awesome and runs well because my husband takes care of it (I can't take the credit for it).

  4. Homebody Says:

    Welcome! You sound like you are on the right track.

  5. Ima saver Says:

    Welcome, glad you have joined us! Save your money!!

  6. snafu Says:

    Good on you Robin. Being aware of the need to make well thought out financial decisions is a big step forward. You have already reduced outflow by $840. per mo. . Each anniversary we review the current 5 yr. plan, using it like a road map to know where we're going.

  7. Looking Forward Says:

    Belated Wecome!
    Here's to more trips to the beach for you! Big Grin

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