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Reply #15: That's the point we hit about a year ago.... [View All]

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Buddyblazon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-23-06 07:49 PM
Response to Reply #12
15. That's the point we hit about a year ago....
we hit the point of committment. Do we buy the house? Do we buckle down? Attempt to make ourselves financially independent from the "cycle"?

Or do we continue to rent? Be happy with our lot in life? Spend that extra money on vacations? Fancy clothing? Fancy cars?


Well, we decided the former. We figured 4-5 years of intense focus on a goal could get us there. So we put ourselves on a strict budget. We starting eating at home. We bought the house (after my family said it was a major deal and would be a great springboard). We live below our means. When we get our paychecks, we pay ourselves first (put money in savings) THEN we pay our bills. We discuss every purchase for pulling the trigger. We don't do vacations. The one thing we did, was purchase a minivan so as to be able to move material to and from the property (and my car was on it's last leg)...but it was used...clean...but used. We added a trailer hitch and my friend game me a flat bed trailer. The vehicle will be used in as many properties until it kicks the bucket.

But we have been very disciplined. And in one year, we are already beginning to reap the rewards.

When either one of us gets down about working extra hours...or not buying those cool new shoes...the other one reminds us of where we were...and where we've come.

And we feel a little better.
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