January 10, 2007
Today, another for sale sign went up in my neighborhood. That makes 4 homes in the neighborhood priced at above $400,000.00 in less than 6 mos. I don't want to assume people are moving because of the economy, but I know of at least one family who is moving because their finances didn't work out. For their sake, I hope things work out and I try to reason that "everything happens for a reason". My dad used to say "It is always darkest when the storm clouds are overhead". Isn't that the truth! I admire the family who sent out a neighborhood email telling us why they are moving - because they can't afford their home. It takes real courage to tell the truth sometimes.
I am in not in danger of losing my home. I have a good job so with a lot of diligence I can pay off my debts. However, if I didn't come to terms with my debt we could have, eventually, dealt with the prospect of "down-sizing" and taking our children out of catholic school. I still get mad at myself that we were so careless that we could have jeapordized our lives.
That being said, I have to say that I think I appreciate my circumstances more now and the promise of being debt free will be all the more sweeter because I know how hard it is to be and stay debt free.
Thanks to all of you who left comments. I really enjoy your feedback and hope you will return often. We're in this journey together and I hope I can give you as much courage and hope as you give me!
Talk to you tomorrow.
A little scary
January 10th, 2008 at 10:38 pm
January 10th, 2008 at 10:55 pm 1200005750
January 10th, 2008 at 11:05 pm 1200006316
Welcome, I am a SAHM who is is debt ($9,900) which we acquired in the past year due to a bout of unemployment, high real estate taxes, the price of COBRA insurance, and Catholic tuition. It is difficult to do away with the debt and save for those expenses (less COBRA) that put us in this position. I am grateful though that I am resourceful and frugal and can still afford to stay home with my kids. I actually felt a little nervous in one of my first posts listing my debt! I even tried to justify that my debt was OK debt because it was for non-frivolous things, but my debt-ridden best friend looked at me and said, "Debt is debt, isn't it?" Hmmmm .... good luck on your journey to debt-free living.
January 11th, 2008 at 04:40 am 1200026434
Good luck to you too as well, it will be well worth it
January 11th, 2008 at 05:31 pm 1200072666