Hello everyone, Happy New Year!
It’s been a few weeks since my last post… I’m sorry for the lack of content lately – the hubby and I spent Christmas visiting various family members and we had a lovely time away from work and the daily grind.
However, most of my family still don’t know about the blog so it was pretty hard to get some time away to write a post!
Anyway, I’m back now and my usual posting schedule will resume! (That’s Mondays, Wednesdays and Fridays). 🙂
How was your Christmas? Ours was pretty good, quite low key and peaceful. For the first time in many years, we actually had a little spare cash in our bank account at the end of December instead of going well into our overdraft. We have been really careful with spending and managed to save money here and there on pressies for the family and we’re really pleased with how December turned out.
Our daughter had a lovely time this Christmas which was the main priority for us. We couldn’t spend a fortune on her of course but she had a brilliant time all the same. We built up the whole Santa thing so much that our daughter was too excited to sleep on Christmas Eve! We left mince pies out for Santa and a carrot for Rudolph of course. Our little girl found a sack full of pressies to open on Christmas day from all the family so she probably did get a little spoiled.
Recap on 2013
It’s been almost a year since I started this blog and looking back, this was a major milestone in our journey to debt freedom. In the beginning, I used this blog to document the scary early days of facing up to our debt and as time went on, I used it to capture quite a few momentous occasions where we paid off a heap of debt here and there. I feel like this blog has been a real help to me in keeping on track and motivated.
Without this blog, I doubt I would have found the wonderful personal finance community out there who has inspired me to keep going when times have been pretty low. There are so many blogs out there that I read regularly and really appreciate but I just wanted to mention the owners of Girl Meets Debt, Debt Advice Blog, Done By Forty, The Joy of Simple, Girl Counting Pennies, The Frugal Farmer, The Heavy Purse, Student Debt Survivor, Canadian Budget Binder, Monster Piggy Bank, Journey to Saving, Money Bulldog and Lisa Vs the Loans.
Each one of these blogs has provided real motivation and help for me during the last year for various reasons. Both the hubby and I feel like we’re not on a sinking ship anymore in this mission to become debt free and this is largely down to the support and advice that we’ve found out there. So thanks blogger buddies! If you don’t already read these blogs, head on over and check them out.
It’s a wonderful feeling now looking back on last year and seeing the progress we’ve made. In January 2013, we were in deep trouble (and had been for years), owing a whopping £41K to our creditors. At the end of 2013, we owe just over £33K, so we’ve made huge progress although we have a long way to go.
These last couple of months, I’ve been feeling less stressed than I have done in years and part of this is down to having control over our finances. We’ve got ourselves a budget that works and living frugally has now become the norm. I actually don’t like spending money now. I’d rather save it for extra debt repayments – funny how things can change so much! I use a detailed spreadsheet to track my spending, so even with a lot of debt still to pay off, I can sleep a little easier at night knowing that we’ve got a hold on our situation at last.
I’ll be doing a post about our latest debt repayment figures plus our financial goals for 2014 on Wednesday, so hope to see you then. In the meantime, have a great week!
*Photo courtesy of freedigitalphotos.net – Fireworks by satit_srihin