Financial freedom has always been a dream of mine. If I am honest I never wanted any debt to begin with. I have seen what financial struggle can be like. My parents weren’t poor and they were as smart as they can be with money but things happen. I never really even knew when we had any financial issues when I was a kid because my parents always made sure we had what we needed. But life happens and sometimes money gets tight. Especially when you have a family to raise.
I recognized this even more when I had my own family. I remember many times when I had to tell my kids that we didn’t have enough money for them to do certain things. Which of course reminded me of times where I got angry at my parents for the same thing. I must say though I am grateful my kids were more understanding than I was when my parents told me no. I never disrespected my parents (I’m far from crazy.) but I did remember crying and angrily writing in my journal. It wasn’t until I had to tell my kids no that I understood how hard it was when you want to give your kids the world but can’t. That’s the kind of guilt I felt especially when I couldn’t find a job for awhile.
Now that my family and I are a two income household I now want to figure out a budget so that we can start paying off our current and outstanding debt. It has been hard to figure out on my own so I have been using the internet to figure out a way to put our finances in order and start to save some money. Besides just getting creditors off my back there are a few reasons why I want:
- I no longer want to fill guilty about spending money. I have the hardest time buying anything. Mainly because I just always feel like the money could be going towards a bill that we need to pay.
- I would love to just be able to do more without worry. I want to just make a decision without having to worry about money. So if I want to go on a vacation I want to be able to just go or save up.
- I also want to be an example to my kids and teach them how to save money so that they won’t carry on my mistakes. I want to be able to show them that it is quite possible to have a budget and still enjoy life.
I feel like once we figure out a budget for our household we will be able to get so much more done. Right now we are doing our own budgeting and financial planning. I just want to see how it goes before I bring in help which of course is more money. But some people need that extra help so they go to a financial planner. A financial planner can really help you get things in perspective if you have difficulty doing it on your own. I feel like it is quite possible for us to get our income in order without it. But trust and believe if we do need the help we will be doin it. I recently just sat down and wrote down all our bills and figured out our income. I have a plan in motion and I am hoping it works. I learned this method that was shared with me from a fellow blogger. If it works I will be sharing with my readers. I will be doing updates. But I think it will take a few months to see if it really works.