This is the year that we get out of debt.

Over 7 years of marriage we’ve managed to keep our heads above water but we have accumulated a little bit of debt. We used our credit cards to travel to see family, we moved, we bought a few pieces of furniture, and we bought a few stupid items.

After taking a step back and looking at our finances we concluded that something had to change or we would run the risk of getting into terrible financial trouble. It doesn’t matter that our level of debt was just under the national average. We were failing in our call to be good stewards of our money and so we decided to do something about it.

Today my wife told me that our credit cards have been completely paid off!!!

In just three months, we paid off a (ahem) crapload of money on those plastic traps. We went and did our taxes, found out that we didn’t owe anything, and then used the money we had set aside for taxes to completely pay those puppies off. We are done!!! No more plastic!

The next step is to pay down our car notes. That’s right, we have two of them and owe money on both. It’s ok though. We shouldn’t have bought my car when we did. I had a truck that was paid off but I was tired of driving that big boy around and I wanted a smaller car. Lesson learned. The plan is to have both of our cars paid off by the time 2009 rolls around.

Big PROPS to my wife because she does our finances.

Thanks babe for doing the hard work and for giving me a generous allowance each week. I love you babe!