Tagged with: finances
We have a love/hate relationship with taxes. The first year we were married we came out about even. The second year we owed $7,000. The third we overcompensated for the prior year by paying in extra on every paycheck at every job (Zac averages four jobs at all times) and got a $7,000 return.
In November of 2014, my husband Zac and I paid off the last of our credit card debt. We paid off just over $23,000 in debt last year. So why on earth would we open a new credit card?!?
Did you know that $2,000 invested today with a yearly growth rate of 9% will be worth $62,818 in 40 years? Did you know that $2,000 in 1974 had the same buying power as $9,603 does today?
We have been using the envelope system for one year. The system has worked incredibly well for us but at the end of the year we re-evaluated and made a few changes.
Our ultimate goal of being debt free has not changed. I've been avoiding writing about any of these topics for a few weeks because I didn't want to admit that we aren't following the program exactly... but the fact is, we're not, and I'm not being honest or transparent if I don't share that part with you.