Tag Archives: getting out of credit card debt

2017 New Years Goal

Every single year I set myself up for failure with my New Years Resolutions of losing weight or whatever I goal I set. Well I’ve finally set my 2017 New Years Goal… Can you guess what it is? Nope it’s not to lose weight, get fit or anything like that.

It’s to start couponing to bring the cost of my monthly grocery budget down. My goal is to cut my budget for our monthly groceries down to $400 it is currently around $800-$1,000 for our family. I’ve always tried couponing at the grocery store, Target, etc. But I could never really get a savings of 50% each and every single time I was shopping. In all actuality, I’d like to get my monthly out of pocket grocery expenses to less than $150 for our family of 7. Will this ever happen… Probably not. But I’m sure going to try.

So I’m on a quest this month (December 2016) to really learn the art of couponing in order to save our family some money. With all the money I hope to save, we plan to pay down the credit card debt that we have from the purchase of home improvement materials and the cost of our handyman’s labor. Things got a little out of hand there with our credit card spending these last 5 months, so I hope to have less credit card debt than when we purchased our house or have no credit card debt at all by December, 31, 2017!

I’ve always been good at getting great deals at Kohl’s, but I’ve always struggled to get the good deals at the grocery store and Target. I mean I might occasionally get some great deals, but I want the best deals possible. I want to save money and get out from under all this dang on credit card debt once and for all. Will this be the answer to pay off all our credit card debt, NO! We’ll have to use our tax return for 2016 to help and probably double minimum payment amount in order to get down to where I want to be. I have high expectations, but I have the ability to work on achieving this goal. As a stay-at-home mother I can dedicate a few hours each week to finding the deals, matching up my coupons and much more. Just so I can stay home with our children and lead a more financially stable life.

What are your 2017 New Years Goals?
I’d love to know so leave a comment below!

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Waiting Game

The next month or so is going to be a waiting game. Why? Well keep reading to see what the waiting game is all about.

For those that haven’t stopped by our blog before, let me give you a little background on our family.

We’re a family of 7 with a dog and 2 cats!

My husband, Kevin was a United States Marine for 10 years, he was honorably discharged in September 2014. He spent a year working for a small construction company, the pay sucked and the job itself wasn’t much better. But the owners of the company were great people. When I found Kevin’s new job and he accepted the offer, he gave his two weeks. They said if things with his new job didn’t workout, he was more than welcome to come back. They still text him every so often to say they miss him. He’s now been at his new job for almost 4 months. He loves his new job, while it’s not the same type of generator work that he was doing in the military. Job is great, co-workers are great, and the pay is phenomenal. He spends a lot of time traveling, but it is part of the job.

We have 5 kids (three are from my 1st marriage; that ended badly). They’re all under 12. Our house is always crazy. Someone is always doing something too loud, too messy, or too slowly. We’re looking forward to being back on the East Coast, as soon as possible. We’re trying so hard to get our lives together after the Marine Corps to give our kids the best. We have occasionally struggled to make ends meet because we support not only our children, but a house in Maryland that my in-laws live in. My in-laws are finally getting back on their feet, so we’re almost to where we need to be in order to purchase our dream home. No need to damage my husband’s credit by letting his first house get foreclosed on.

This tax season, we were planning on paying off debts (as many as we possibly could). Well we had to change some things around and decided to get all our credit card debt under control. We are just under 25% utilization between all of our cards (we have a lot, lol).

So to get back to the topic of this post… we’re playing the waiting game with our credit scores. Now, before you jump to conclusions we both have good credit scores, we’re just waiting for them to get better. The better the score, the better the rates we can get for a mortgage.

So we’ve got to wait until our credit reports update with all the proper account information. Until then, we’re still going to make more than our minimum payments until our cards are paid off and we’re going to put all of Kevin’s overtime pay into our two savings accounts (only one has online and access via debit card, the other requires Kevin to go to the bank to deposit while he’s in Virginia).

I’m not sure what is worse… the “two week wait” when finding out if you are pregnant or not… or waiting for our credit reports to update.

This has been a long time coming… We’ve just been waiting it out for the last year. We attempted to purchase a house in 2014, but with all the other issues (not getting rent money from his family) we had to put our dreams on hold. But this is a much better year financially and this is the right time for our family to do the things we want to do.

Well enough random ramblings. I’ve got to go do laundry and dishes. The life of a stay-at-home mom/housewife are never done! But I wouldn’t change this for the world. The freedom it allows us, as a family is awesome.

Well I hope everyone has a wonderful weekend. The kids and I have some science fair projects to do.