We went out the night of one of the big games our team was about to play and it was fun to dress Jamie in her cheerleader togs that Aunt Patty and Unka John got her for Christmas. We don't eat out very often as we are trying to get out from under huge debt and also because eating out with a toddler doesn't always go smoothly. Aunt Patty & Unka John always love to see us (Jamie) so it was great to join them. Here's hoping we have no other major home systems or appliances go out on us for a year or so, so that we can swim up from underneath this debt. My friend who teaches political science at a college in Michigan says getting out of debt is the new American Dream. We don't travel or wear expensive clothes and go out to eat except maybe once a month. We do own two houses (one we rent out) that seem to demand constant expenditures...Heat & Ac goes out, need to replace the oven, the refrigerator, the dishwasher, the plumbing (for both houses!) and soon it will be 2 roofs. I am thankful we didn't take out a home equity home to accomplish any of the constant holes these two money pits put us into. Just put it on credit cards and keep moving to a new card with lower interest. I have managed to keep the debt on cards with very low interest rates so far (3.99, and zero % currently), and hope we can pay it all off before it catches up with us.
So is getting out of debt the New American Dream? What is your American Dream?
3 comments:
Argh! I'm starting to feel just a slight pinch with debt. AKA-- My classes and the dang Kohls charge card I just had to get for Christmas. Debt sucks! :)
O yea..and my dad owns a roofing company when you do start looking...hes pretty fair. :)
This is great info to know.
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