Having a creditcard was like having a Big safety net. But one that wasn't really ours. We had been depending on it for quite some time now and it wasn't working for us. It seems my budget had been too tight and didn't allow us for enough breathing room. We'd then splurge on the creditcard. I guess in a sense we begun living beyond our means and then having to pay for it for what seemed like an eternity.
The day the cards were finally maxed, and we couldn't use them anymore I had a strange feeling. I didn't recognize it at the time nor understand, but upon later reflection knew it to be relief. We couldn't use the card anymore, it couldn't tie us down, and trap us anymore. It was then I turned a corner and got serious about our finances.
Id hate for you all to think I'm drowning in debt. Were talking single figures credit card and The normal sort of mortgage. But I hate owing people anything, hate owing money, and not being in charge of myself and my destiny.
I needed to take back control and start feeling good about what was happening. It was then I booked in an appointment with my accountant. He's an Awesome Man, I really respect him, and he has helped me a lot with both my personal & Business Finances. The thought oh but I cant afford him came into my mind. But then if I continue doing what I'm doing I cant afford not to see him. Long story short, there wasn't any huge area's I had missed in my budget, but quite a few small changes that would make a huge difference. I felt relieved and couldn't wait to get home and make the start. We had the option of cutting up our cards there and then but we chose to literally freeze them instead- waiting for the day till they were paid off in full. I cant wait for that day.
So I'd like to share with you all my journey. The majority of us all have debts of some kind, and as i find helpful hints and tips along the way id feel selfish not to share them. Perhaps some of you could share your idea's too? My money saving, debt cutting is already impacting all area's of my life- and in a good way. Im meal planning which means I'm cooking better meals, of better variety, and dare I say it from scratch! not a packet mix! I'm buying less junk food, I'm being creative with activities we do with the kids, and I'm really giving alot of thought before making a purchase of any kind. There's no more impulse buying in this house!
Anyway that's enough for now. I don't want to harp on, but you may be able to tell I'm excited. I have of late been a bit down and out about money (or lack of it) but now I'm back in charge it aint so bad :)
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