I cannot believe it has been a whole year since Andrew and I started on the Dave Ramsey plan. My in-law's introduced us to it and I am so thankful! It is amazing the progress that we have made in just one year. We have cheated the plan just a bit because of job uncertainty and the economy, so we still have about 1/4 of Andrew's student loan left to pay off (which is NOT much considering the beginning balance!) and now we have a decent savings account. We need to double that before reaching step #4 but we're on our way.
(For those of you who don't know what I'm talking about, you're supposed to pay off all debt before building your Fully Funded Emergency Fund and we went ahead and worked on the fund for a while.)
Andrew has started his own business, on the side, and it is rolling along. He worked for several hours last night and is getting ready to sent a rather large bill to one of his "clients". At times it feels like a black hole since the money goes into our business account but that business account will, one day, give our personal account a "pay check".
It is exciting to have this one-year anniversary.
It is amazing that we have had a written budget, on paper, every month, for one whole year.
It is amazing that at the end of each month, I have charted to see how close or far we have gotten from the budget and have a roll-over system set up that works amazingly well!
Here's to another good year!