Today marks 1 year of our blog and a little over 1 year of working towards our financial goals. We’ve had set backs. We’ve had many successes. In all, we’re pretty happy with where we’re at and where we’re headed.
What difference does a year make? A lot, apparently. Here’s a recap:
Spring/Summer 2013: Approximately a week before starting this blog we formalized our goals. We made plans, set smaller goals, and set intentions. We itemized the things we valued. If something didn’t fit, we started to make changes to remove it from our lives. Those things that were so difficult in the beginning, are nearly second nature now. Things like meal planning. Not eating out. Cutting out our “latte” factor. Making do with the things we have. Repairing. Buying second-hand. We sold a lot of our stuff preparing for a cross-country move and have generally downsized our belongings. We paid down some credit cards and other miscellaneous bills.
Fall/Winter 2013: With the move, we slid a little backwards. There are just expenses that are incurred with a cross country move– even if it is mostly paid for. The holidays also threw us for a loop. (But we paid cash!) Our net payoff amount for the first 6 months is a solid $500.00.
Winter/Spring 2014: We were pretty bummed on Dec. 31st. But we predicted a decently strong first half of the year. With a lot of determination, we got back on track and have made an $8,000 dent in our various bills to date.
We’ve also begun to save a little money and continue to teach our children about money by giving them an allowance every week.
To help keep us moving in the right direction, some goals for the next 6 months:
- take a big family vacation (Disney in 11 days!)
- family fun day-trips
- increase blogging effort on MLD
- continue taking our Cheap Date Nights (another date review is coming soon!)
- Decrease our grocery budget by $25/week
- Increase monthly income
We are both proud for the work we’ve done so far and are excited for what is yet to come.
Life really is a grand adventure, isn’t it?
What are your financial goals for the next 6 months? Do you have a budget friendly trip planned for summer?