Financial Peace University, Class Two

Over $184,000

 

In a class of 4 families, we have a total of over $184,000 in NON-Mortgage debt...

 

HOLY COW!

 

I feel a little stunned by that number. The burden of debt is real in America's families.

 

Additionally, I discovered I am 60% Free Spirit and 40% Nerd when it comes to money- which I can totally see.

 

Finding an accountability partner as a single person is a challenge, as is creating a viable budget. I definitely have work to do. And a lot of work to do with my kids around budgeting and the old "wants" vs. "needs".

 

I guess that is why we call them baby steps.

 

 



Financial Peace University, Class One

I finally signed up and started my classes. I am in class with one married couple, a married older man whose wife is not attending, and another single lady just like me.

Totally did not realize Dave did videos to go with the class. The thing that stands out was the story of his old oak table- so much happens around a dining room table. Life is lived, mistakes are made, and you learn and learn.

I think of my table- covered with the paperwork of my life. My mortgage payment notice for this month, the furnace payment notice. And credit card offers that are awaiting shredding. Mortgage insurance offers... also awaiting shredding.

Among the papers is a list that I generated showing all my purchases from the first of January till April 30th. In reviewing the list, I discovered a whole lot of wants scattered among a few needs. Even now, as far as I have come, I still have so, so very far to go.

I need to stop blowing money, period.

So I made lunches for the week after spending $65 dollars on groceries. I mixed my own lemonade instead of buying pre-mixed. I used things already in my pantry to fill out my meal plan.

I am starting to better understand why Dave calls them baby steps.

Can't wait for class #2 in two weeks.