DEBT BEAT DOWN

Alrighty, the DEBT BEAT DOWN is back, and its taken a few hits over the past year in our favor!!! Its been since January of 2010 that I've revisited this sector of our lives, and I'm telling you without holding back that its difficult! The "emergency fund" is still in the making if that gives you any idea of how life can throw some interesting blows at you. We have been able to take a significant chunk out of the debt, and obviously, school loans are still the front runner in our financial hole that we have been digging out of, and when I say hole, its not that its bad, its just what we've had to do to make life work!

So, to get to the dirt in our finances, here we go! Since our last update, we've actually been able to cut nearly all of our debt down to school loans...which is unreal! Its still the heaviest financial burden we carry, but we have been able to pay off 3 medical bills, in the next month or so we will probably be able to pay off Sara's car, and my car, well, its somewhere on the East Coast I assume being enjoyed by someone other than me! I purchased a "PROJECT" and we'll leave it at that! So, out of the 7 bills that we had at the start, we have consolidated all of my school loans into one loan...(look into it if you have major school loan debt, it can save you HUGE, call me)...and outside of that, we have the credit card still but its being used as an emergency fund for the time being and we are using it to pay bills, in turn saving money on our insurance(another cool thing to look into). So by the end of August, our debt will be down to less than 17,000 which is almost half of what we started with on this journey just under 2 years ago!

We are now back in Arkansas, we've moved 3 times, live in the wonderful town of Siloam Springs, AR, and I'm going back to school at JBU for my Grad. in Counseling this fall....YEA...MORE SCHOOL LOANS(this has been looked into very deeply, trust me)!!! Oh by the way, did I mention we have an Emery now? Our little boy is going to get to reap the benefits of our struggles to get out of debt over the past couple years! By the way, HE'S AWESOME!!!

Post any comments you may have or questions, we have resources, experiences, frustrations, etc... we are willing to share if you need help or are just needing a sounding board to see what you need to do about your finances!!!