Twenty Two Months

We have our final budget picture now! Ran the numbers three times to make sure it was correct and yesterday The Date put it into action! We paid off five full medical bills yesterday! Granted they were small but that doesn't matter, they are paid off and the debt snowball is rolling now!

We will have everything including the house paid off in less than twenty two months with no extra sources of income. If we get an additional source of income for example, child support, income tax return, etc, then the debt snowball rolls to a stop in just sixteen months instead of twenty two! We are talking mortgage, cars, everything that has money owed on it will be paid off!

All in all this is exciting and something to work towards! I've read a hundred stories on Dave Ramsey's app about who paid off what and in how much time. There are some amazing stories too but on our income this is not out of line. Our debt is relatively low as I've blogged about many times. That's our ace really, we don't have crushing monthly payments on a credit card that'll never be paid off.

I get paid today and again in six days so yesterday was the last day of being broke! We have a food budget, gas budget, and bills budget. It's flexible but if we stick to it then it'll take us to a land of financial peace in no time really!

I'm excited about it and it'll be easy to see it working because it'll be on a weekly basis. We'll pay on the lowest bill every single week and depending on the amount of income available from my first part time check it'll knock out another bill or two! And so on and so on and so on.

I also figured up what our budget would be like with no part time job and honestly it was exactly what was happening. The numbers didn't lie at all. We would continue to lose ground each payday as we were. It sucks to be broke before payday even gets here, now we aren't and the prize has taken shape!

Eye on the prize!