To focus and work as hard as I can, at home and at work, and do all jobs to the best of my ability; so that one day I will live debt free and be able to save more, spend more and give more.
What got me in this situation?
Let's go back to childhood... I received allowance when I cleaned the house. Usually $5 for each cleaning. If I wanted something my parents would tell me to save up for half and we would go buy it. Saving? Giving? Huh? I need a barbie, I need some new clothes, I need gas for my car! I have worked since I was 15 but I never saved one penny.
I remember the glorious day on my college campus... a both gleaming in the sunlight filled with hats, T-shirts and tiny folding chairs. A "Take One!" sign above everything. I picked up a shirt and a very nice lady told me to fill out one sheet and I could take anything I wanted. So I did!
Low and behold within 2 days I had a GM Mastercard with a $3,700 limit! WOW! I went out and promptly bought a cell phone and some new clothes. Then filled up my gas tank, and bought lunch and dinner. The days following were the same and within 3 months I hit the limit. That was the beginning and not even close to the end.
I met my husband very shortly thereafter. Before we graduated undergrad we accumulated at least $8,000 worth of credit card debt plus we had a $250 car payment. This does not include our student loan debt of $21,000. My husband got into dental school and we moved 1000s of miles to a new state.
South Florida came with a hefty price tag. Cost of living was insane and I made $10 and hour. My husband couldn't work while in dental school so the tally started wracking up. $42,000 per year + $10,000 per year in instruments + $30,000 cost of living loan. Let's toss on top a used BMW for a $500/month payment and an excessive spending habit of name brand clothes and dining out.
Honestly when you are in college you are stupid or maybe just we were. We thought we would be making a lot of money... or at least we would be making enough to cover our bills. The last piece of our debt pie is a slice of a $240,000 mortgage.
