Sunday, September 4, 2016

Our reasons to get out of debt

So the last two days I've posted about our financial distress situation. I won't rehash that. We've made some super bad decisions....

So what do we really want to do with our lives? With our money? With our family?

My husband and I have always wanted to buy some land up in the mountains. We have a specific little town in our state about 3 hours from where we live currently that we have fallen in love with. The town, the people, the landscape. It's where our heart is. We go there several times a year hiking and such and dream about having land there. Maybe just to camp on, or put a small camper on. Maybe to build a home on one day. But we want some land there.

We want a small creek, and it needs a well, and acreage for the kids to play on, and room for a few animals. We want to be remote, and not see another person or home from our place.

There is a small college about 30 minutes from there that has the program that I teach in, so it's possible that I could get a job there and my husband does computer-y type stuff so he might be able to work from home. A lot of ifs but it gives us something to think about. Perhaps we just weekend up there, and the kids and I say there in the summer and my husband come up after work on Fridays. We've talked a lot about this imaginary piece of land we want. But I think it energizes us. It gives us something to look forward to.

We were hoping to be able to buy some land within 4-5 years but I'm thinking now it may be 7-8 years. The problem is that it will be a big fat never though if we don't do something about it today. We have to get debt paid off and get some savings built up. I honestly think if we work super super hard and stay focused it could still be within 4-5 years. I hope that motivates us to really get moving on this debt needle.

Besides that dream, we need to be better role models for our kids. They aren't super greedy or materialistic, but I also don't think we've taught them about money as well as we could have. They don't know that we are having trouble right now, they still have food and snacks and clothes so all is well. But we want to be able to leave them a legacy and to help them be successful.

1 comment:

  1. I think your are wise to have a goal to work towards. That will help motivate you. Teaching your children to be good with their money is something that not many parents are doing and it shows. You give your children a gift when you teach them how to budget. :)