Thursday, May 15, 2008

Debt, What Fun!


We got our government stimulus check, and it could not have come at a better time. With the van breaking down, we had to get a loan to pay for the repairs. With the help from the government we were able to pay off our van, again. It's only the second time this year we've paid it off.

Our goal at the first of the year was to get out of debt. We owed a couple thousand on our van, way too much on our house, and way way too much on our credit card. We made the resolution to pay off our debts so we can breath and enjoy life a bit more.

We know we can't pay off the house so we thought we'd tackle the van and credit card. The van was taken care of with our tax refund, Yeah! Then the stimulus check was going to help with the credit card. As my father-in-law says, "Life is what happens to you while you're making other plans." Well, life happened and we no longer have the money from the government and we still have a lot of money owed to the VISA company.

However, what we did do is pay off my father-in-law for the loan he gave us three years ago to buy a camper trailer (a trailer we no longer own). We paid off my brother, Brook, who gave us half the money for a 50cc motorcycle for our kids. We paid my other brother, Lowell, whom we borrowed his brand new projector and proceeded to break it.

When we thought about our debts at the first of the year we forgot about our most important ones. Every single person we paid off said we didn't need too, but we did need too. It seems like nothing comes between friendships quicker than money, whether you're related or not. Those debts are more important than the VISA company. It will just take us that much longer to pay them off, but my heart feels less burdened already knowing the important debts are gone, and the year isn't over yet.

No comments: