Last week my car rolled over 200,000 miles. That has to make my car a beater, right? I bought it in Feburary of 2000 new. Back when I was young and had a totally different outlook on money. Today my view of cars and money is totally different. I don't think I'll buy another new car again.
I have to admit I do hate my car, but I don't hate it enough to buy another car yet. The car gets great gas mileage and is in great shape. Over the coarse of the last year besides oil changes I probably spent only $600 on maintenance on it. That is less that 2 car payments. That is way cheaper than buying a new car.
After we are passed baby step 3, we'll save up money and buy a used car to replace my old beater. But until that day comes, my beater will do just fine.
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My families journey down the road of becoming debt free and finanicially sound.
Baby Step 3 Status
$10,000 emergency fund goal
Paused Baby Step 3 at $2500.00
Paused Baby Step 3 at $2500.00
Baby Step 2 Status
Started Total our Total Money Makeover on January 1st, 2010 with $49,705.46 in debt, not including our mortgage.
April 13th, 2012 we paid off the last of these debts. It took us 28 months and 13 days.
April 13th, 2012 we paid off the last of these debts. It took us 28 months and 13 days.
The Road to financial peace.
This is a record of our journey in finding financial peace. We are using the baby steps in Dave Ramsey's - Total money makeover, book. We will be trying to follow his plan as close as we can. We hope to have an end result where we have no debt, have a large emergency fund, are saving for buy everything, are saving for our kids college, and are building wealth for retirement.
When we started this plan on January 1, 2010. I was 32 years old and my wife was 31. We had been married for 4 years. We knew this plan would take a few years before we were on the last step in the baby step process. But we are dedicated not to give up.
This blog is to help us keep on track, and keep us focused on our goal.
When we started this plan on January 1, 2010. I was 32 years old and my wife was 31. We had been married for 4 years. We knew this plan would take a few years before we were on the last step in the baby step process. But we are dedicated not to give up.
This blog is to help us keep on track, and keep us focused on our goal.