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Hello!

October 8th, 2020 at 05:13 pm

I have been reading blogs here for several years and finally decided to start my own!

I don't know that I have a particularly interesting story or much to say, but I think this would be a great place to keep a financial journal just for me.

Where to start... I am married to the man of my dreams, my high school sweetheart, and we have been together for over 25 years. We have two teenaged children that are pretty awesome. We live in California where the cost of living is ridiculous! Most anywhere else we would be living "high on the hog", but here we are solidly upper middle class.

Neither one of us ever developed very good personal finance skills, so we have made mistake after mistake and are trying to clean up our mess now.

Besides our astronomical mortgage, we have a 401K loan, a solar loan, and one credit card with a very high balance!

We own both of our cars, but they are getting up there in age and we added one driver this past summer and will be adding another one in the next year.

We are trying to escape the debt cycle we have been in for over 20 years.

Posted in Uncategorized | 6 Comments »

6 Responses to “Hello!”

  1. crazyliblady Says:
    October 8th, 2020 at 06:04 pm 1602180244
    1602180244

    Hello, brunette. It is great to meet, even if it is virtually and mostly anonymous. I think most of us have been in that spot, possibly more than once in our lives, so there will be no judgment here. Can you post a budget, debt figures, etc.? Perhaps we could give you some ideas of how to proceed. I think the first thing for you and your husband to do is to sit down with a list of your debts with the highest interest ones at the top and also a list of your expenses, whether they are monthly, yearly, etc. Do you qualify for a mortgage refinance? I don't know if you have student loans, but if you do, do you qualify to refinance? Figure out what you can cut and do without entirely or change to another method, service, product, etc.

  2. Brunette Says:
    October 8th, 2020 at 06:25 pm 1602181535
    1602181535

    I will be posting our debts... just still trying to get up the nerve. We are lucky to have graduated with zero college debt. We also refinanced this time last year and that helped us save $300 per month, without adding any time onto our mortgage. I appreciate the support!

  3. Wink Says:
    October 8th, 2020 at 06:37 pm 1602182222
    1602182222

    Welcome! I think most of us have struggled with some debt along the way. I know I have, and found the people and resources here to be very helpful.

  4. Thrifty Ray Says:
    October 8th, 2020 at 09:08 pm 1602191338
    1602191338

    Welcome! This is a great place to land for financial advice! Good luck on this journey!

  5. LuckyRobin Says:
    October 9th, 2020 at 11:33 pm 1602286381
    1602286381

    Welcome. It's always good to see lurkers come out and start blogging.

  6. rob62521 Says:
    October 11th, 2020 at 05:08 pm 1602436085
    1602436085

    Welcome!

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