Posts tagged ‘Dave Ramsey ‘




To Build or to Snowball

Tiny House

I have been thinking about living simply for a while. We have been downsizing for over two years and trying to be more eco-friendly. I have this dream to live in a small house raising my kids. Now, the question becomes do I stop my debt snowball and save everything I can to build my tiny house then continue with the debt snowball or wait ten years to be debt-free then built my tiny house. I know Dave Ramsey says to be debt- free first, but is that step right for me? Am I just tiny house happy? With the tiny house over seventy percent of all my current income with be freed up and that will increase as time goes by to throw at the debt. Hmmm….what to do? What to do?

Can we live in a tiny house? Yes, I believe we can. I believe it will open a new world and new depths to our family relationships.

1 comment July 11, 2014

My Cheese Was Moved

I was inspired by listening to Dave Ramsey’s radio show to improve my platform as an employee and team member.   I know that I can be an extremist from zero to sixty and sixty to zero in three seconds.  The reviews and endorsements on the book “Who Moved My Cheese,” are raving, and being credited with saving jobs, careers, marriages, and so on.  I was so enthused to read it, that I purchased it from Barnes and Noble at the higher in store price instead of the cheaper online price.  As I began reading, my balloon sprang a leak and with every word read, my bewilderment grew.  How could this book be credited with saving jobs, careers, relationship, etc etc?  Now, since, I hate quitting, I read on.   Towards, the end of the story, was were it clicked, “Who Moved My Cheese?”  Duh, if I would just ask myself “Who Moved my Cheese?, Which direction do I go to find it?, Where their warning sign?”  All in all, this is a liberating book, that allows a bit of humor, when evaluating a situation before jumping head first into the deep end.  I highly recommend this book to everyone, and I look forward to purchasing “Who Moved My Cheese for Kids”

 

I got to apply the who moved my cheese question this weekend.  Saturday morning, I had plans to stop by Target return few things, stop by the garden center for help with my citrus trees, and then pick up a book from Mardels and then a that Lifeway.  As, I was driving down the road, I heard a pop then my transmission did a weird thing, followed by the check engine light.  Hmmmm….I prayed that we would make it to Target and then to Autozone.  The test revealed a transmission issue that only Dodge could fix.  I am sure, you see where this is going.   “Who moved my Cheese, was the question on my mind and praying that my semi funded emergency fund would cover the cost.   And, praise God it did, and I was not freaking out that I am back at the beginning of baby step 1.  Praise God, that I had my emergency fund.

 

Have you read, “Who Moved My Cheese” or “Who Moved My Cheese for Kids”?  I would love to hear your stories.

Add a comment March 24, 2014

I Want Chick-Fil-A

I had the choice to go to Chick-Fil-A with a friend, tonight, but since it is not in the budget……….I had to decline, but it was so hard.  Since this is generally, how we hang out-at Chick-Fil-A with our munchkins on family night.   I so wanted to go, and in the interest of full disclosure I did cave at the end of the conversation, but thank the Lord they had already eaten.   It was a hard decision but an easy one too, because there is a light at the end of the tunnel and a purpose for being in the tunnel.  Since, we were able to get home early, we were able to go riding again this evening, hooray.  It is was still pretty awesome, but bit harder.  Yesterday, I was zooming, even had to circle back a few times, but today felt like running a race.  I was wheezing and couching with that burning in my chest, telling my body it is too out of shape to be doing this.  I could not believe it.  Then, I was in college, I use to ride ten miles a day, so what happened?  Life, I got married, was poor, sold bike, marriage fell apart, then had munchkins, but now we are going to get back in the swing of things…….super excited.  Well, my brain is.  If the only fitness ability, I pass out to my munchkins is a love of ride then I will call it good.  So, that wraps up the day.

Add a comment March 13, 2014

Growing up….Ramsey Style

For a long time, I wanted to make more money, “To buy things, I cannot afford, to impress people, I do not like,” like Dave Ramsey says.  Now, I want to make more money to pay off my debt and save.  I started Dave Ramsey get out of debt plan last month, and my kids started Dave Ramsey’s Junior Financial Peace.   I am currently on baby step 1, saving a 1,000 dollar emergency fund.  I decided for my situation 2,000 would be better so I am working on that.  I have my debt snowball plan, with my current income it can be paid off in seven years, but I am praying about, what I can do to increase my income with the smallest out-of-pocket expense that allows me the freedom to be at home with my kids as much as possible.  I am super excited, I plan to have all my non-student loan debt paid off by the end of the year, and then hopefully, have the student loans paid off within the next four years.  I am so excited, I just want to tell everyone to jump on board with Dave Ramsey’s financial freedom plan.

Now, if you are not a Dave Ramsey fan, just keep listening, because at first he just annoyed me. Probably, because I know I could do so much better and have nothing to show for all that debt.  And, I thought he was kinda mean, but then I started listening to his testimony and it is powerful.  He says, he was stupid with six digits on the end of it, but what he said that ultimate turned the light on was: If you owned a corporation called Me Incorporated would you fired you for the way you are handling the company money, and it is not your money but God’s (you are His manager, just like our children are only on loan).   The light was are low then I heard the first comment, then flipped on bright after the second comment in both my financial walk and my mom walk (but that is another post).

Now, the hard part sticking to the budget and being patient because like usually I want to hurry up and be on baby step 7, but that will come and what an amazingly beautiful learning experience it is going to be. 

 

 

Baby Steps 

1. $1,000 In An Emergency Fund
2. Pay Off All Debt With The Debt Snowball
3. 3 To 6 Months Expenses In Savings
4. Invest 15% Of Income Into Roth IRAs And Pre-Tax Retirement Plans
5. College Funding
6. Pay Off Your Home Early
7. Build Wealth And Give!

4 comments March 12, 2014

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