Thursday, 13 September 2012

Thinking smarter not harder....

We BOUGHT a house!!! I can't believe it! I am sooo excited!  This was definitely not an easy thing for us to do, but with determination anything is possible. A while ago we read the book "The Total Money Makeover" by Dave Ramsey. I would highly suggest this book for whatever stage of life you are in or whatever condition your finances are in. Dave has 7 baby steps to help you achieve your financial goals. For the most part I agree with his system however we felt that once we had our emergency fund (1) in place and no debt on our credit card (2) that we needed a house. Renting is a bad deal so we worked at making home ownership an option. Dave talks about gazelle intensity. AKA saving fast and hard, not a little here and a little there. This helped immensely. We got creative, looked at where we were wasting money, what did we have that we didn't have a use for, what could we do to be more profitable with our business and if there was any options to increase our hours with our day jobs. I think what made the biggest difference was our mindset. I used to think oh its only 5 dollars but then I switched and went its 5 dollars!!! Do I really want this frosty or would I like a house?!?! We definitely surprised ourselves with the money that we "found." It almost became a game for us.

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