Originally Posted by TattooedMama
QOTD: What was your "A-HA!" moment when you got the concept of the debt snowball and how you could use it to pay down your family's debt?
OK, I guess I asked a confusing question...
What I meant was what did it feel like when you "got it?"
I remember a year ago I was back at work from my maternity leave and we were trying to figure out if I could quit working my part time job or not. It is almost laughable to me now how ignorant we were. We had no written budget, we paid the bills, (mostly on time) and then "guessed" if we had enough money left over to eat out Thai food or whatever.
I quit work anyway and we prayed we would still be able to pay the mortgage and buy groceries, but we thought it was important enough for me to be home with our three boys to wing it.
We limped along and watched our money and paid the bills all summer and then started TTMM last Oct.
OMG! We are idiots! We have plenty of money. The A-HA! moment for me was when I realized we had paid all our bills, I had bought a week or two of groceries, the cars had gas and we would still have some money coming in later in the month. And that was a good feeling.
I didn't feel like I needed to go buy things to fill myself or my house up. My paycheck from work used to go to Caribou coffee shop and Target.
It was awesome to realize that we had paid off a small balance Best Buy card several months early and hadn't had to eat dog food to do it.
That's when I turned into a zealot. In a good way.
Anyone else have any stories????