Digging yourself out of a financial hole can be daunting and nearly impossible. I am not here to say that my husband and I dug out of the black hole we have been in but to take you along on our journey.
Let’s go on this journey together and get dirty and get out of our money hole!!
I am sharing the things I am learning in my “31 Days of Making Your Money Matter” series. This is my first 31 Day series.
I won’t be doing this series for 31 days straight but until I have 31 posts total. I have never taken one of those 31 day challenges to write for a whole month. This is my take on putting together 31 posts on one topic!!
Let’s get started!!
My Story of Making My Money Matter
Thirty years ago I was working the graveyard shift from 11-7am as a therapy aide in a huge facility for mentally ill elderly women. We had one son who was about two years old. I was driving to work when I just ‘happened’ to hear a radio show with Larry Burkett.
I was not raised to live with debt.
I had paid off my husband’s school loan of $3,000 (that is NOT a typo) and his car loan of $112. a month (you read that right too).
You have to remember that earnings were so much less than today.
Debt is debt.
It isn’t God’s plan but we got ourselves right back into debt with car loans and credit card debt.
I was excited to hear someone encouraging us to get out of debt.
It seemed so possible.
So, “I” bought almost all Larry Burkett’s books and studied them and set up the budget he recommended.
I even bought his computer program for budgeting.
What a headache!!
It had glitches and would take me hours to fix and get the money into the right places.
You would have thought that we had LOTS of money but the truth was that we didn’t earn that much together. We were in our early 30s and just young!!
I switched to a complicated method of keeping track of our money in a binder with different pages for each category. Tithes, mortgage, insurance, utilities, etc. What a mess when really, we were broke and couldn’t even put money aside for vacations or clothes.
One day my husband was cutting wood with the chain saw and suddenly needed a new blade. He was going to charge it and that would have been one too many things on the charge card!
I remember standing with the fallen tree between us (for safety 😉 ) and snapping the card in half so it broke!!
Not so submissive a thing to do (as I figured out later) but nevertheless, that was the end of credit cards for 8 years!!
It Just Didn’t Work!!
Like I said, that didn’t work!!
We never went bankrupt and we never got totally out of debt.
The issue of money has been a very frustrating thing for me because, yes, money matters.
I had to learn that it was better to be in debt.
Everyone wants to be OUT of debt.
Come back next time to find out why it was better to be in debt. The answer might surprise you!!
Read More HERE!!
Welcome to WholeHearted Wednesday #175
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