It really kicks me in the butt to think that if we had put away $100 per month that we would retire with more than a million dollars... I mean seriously people! Why were my ears closed to this very valuable information. Did I miss it. Of course, in my defense, the thought of becoming a millionaire was foreign. I think for most people that is true. Coming up with $100 a month even as a dumb kid fresh out of my families house even when I was completely broke. I think I could have pulled this one out.
The eye opener for this session is the budget, now I already had a little budget, but it was more of a guide to know how I can spend after the bills were paid... ugh wasted time wasted money! Well woulda, coulda, shoulda, lets not dwell and lets not certainly forget. There were lots of things I forgot like little things, however if we are diligent and follow it, I discovered a good amount of money in the fund to pay off credit card debt even faster. This discovery is even after paying the minimums. Now had we been behind on bills there are steps to take that you can still do this, and make it and that is good news.
We just got to keep our eye on the prize, and keep taking these baby steps. Savings, college funds, and making sure that from now the family tree does not have a bank attached. When I think of debt, I imagine a large iron ball attached to my neck dragging me down with a chain that is incredibly long, and wrapped somewhere around a credit card! Someone get those bolt cutters quick!
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