I entered a contest to win a Financial Makeover for 1 year. I was informed last Thursday that I was not selected as one of the finalists. I was very discouraged, because I knew this would be an answer to many many prayers. "Oh well" I thought to myself. "I can do this with the help of my husband. I can find Financial Peace without the help of professionals." And that is exactly what I'm going to do. I decided to still blog about our journey. So, feel free to join us along the road of ups and downs, successes and failures, good days and bad.
Day 1: Recognizing the Problem:
- No Employment!
- Debt to Income
- 4 Credit Cards
- Time Share
- Home Equity Line
- No emergency funds
Solution:
- Find Employment
- Make and use a Budget
- Sell Time Share!
- Get rid of 1 credit card at a time.
- Change bad habits
- Put money into savings every month
- Plan and prepare for Future.
- Help someone else in need
- Teach Children how to manage money.
I know this is a big list and may take years to check everything off. I am committing myself to work on this list everyday. My goal is to have financial peace, to teach my children to be wise with their own money and to save for a rainy day.
When you find a way to sell a timeshare please let me know. I'd be happy to give ours away so that we don't have the annual fee.
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