Monday, December 22, 2008
Welcome to Cutting the Credit Card
A lovely lady in my local Moms group has challenged us to a better financial future. So starts this blog. I am a SAHM with no income. My husband has a good job and we are financially stable, but we could be doing better. I am not good with money. never have been. My husband is amazing with money. So this is my attempt to be better with our finances. For my sake and the sake of our family.
My husband gave me an emergency credit card a few years ago. I was good with it at first but gradually got worse. Up until recently I was easily spending $200-$300 on it a month of non-emergency items. So, I am going cold turkey. I am cutting the credit card and not using it anymore. Most of the things I was using it for was items we did not NEED. However, I was also using it for any medical expenses.
So with help from my amazing husband and the lovely ladies in "The Year Without", I will not use my credit card this year and I will find other ways to cut back. Steve and I will go over the rules we want to set up for me and our family during this adventure.