Wednesday, August 22, 2012

A new financial begining

Let me start by saying that I think its extremely funny that even though my last name is smith I had to register a GMail with the name Jones because every Smith combination was taken.  

I have been a lurker on many blogs for about a year and I thought well let me jump in whats the worst that can happen?  You chase me with flaming sticks?  So here I go.

My first page I will come clean which is kind of frightening for me right now.  We have just come to terms with the numbers and are getting our ducks in order.  I just wish there weren't so many duck's right now.

Home: 42,000.00  We purchased this house 20 years ago at a great price.  Now we just need to pay it off.

Credit Cards: 7000.00 Not to scary a number but scary enough for me

Car payment:  We have two cars.  One paid for and one brand new, which was purchased before reality hit us in the face.  My Equinox, which I love has a monthly payment of 410.00 a month since we financed for four years.

School Loans:  My husband and I owe about 9000.00 left on our school loans.  But we did sign a plus loan for our two oldest children so even though they are going to pay for it we are already making payments.

Cable:  As of today we no longer have it.

Cell phones:  We have 5 of them.  There is still 6 months left in our contract so we will be looking towards prepay phones then.

There are other bills such as food and utilities and I will get into them as I go on.  We are a family of 5.  Both my husband and I are nurses.  Our children are getting older (22-15) and we need to pay off our debt, get our retirement in order and be ready for whatever life is going to throw at us next.

To all the blogs I have been following.  Here goes.  If no one follows along, that's OK to

Wendy

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