Recap: Personal Finance and You
Roughly one year ago I posted about how we were going to get out of debt and stay out of debt. Some may ask where we are at in the process. The first few months were a dream. My wife and I had various liquid accounts that were sitting around idle. I was able to pay off nearly $7000 in credit card debt very quickly by just restructuring my accounts and following the Dave Ramsey baby steps. The remaining 9 months have been slow and mentally painful. After the first few big payments and closing a few accounts, my brain told me that this was going to be a cake walk, that without even trying I had eliminated two of the plastic cards that were causing some of my financial stress. After the liquid accounts ran dry and all we had left was our $1000 starter emergency fund, paying off debt slowed to a crawl.