My goal for this blog is to document my spending down to the penny. As you can tell by the title of the blog, our main goal in the next three years is to pay down the mortgage. I am a stay-at-home mom so I am limited in what I can earn with four children. My goal is to make more money and spend less.
Most people live their lives saying it is unrealistic to expect to own your own house in your 20's, 30's, or 40's. I have even had it said to me that you should always expect to have some type of house payment. I want to prove them wrong. I have four children who could all possibly be in college at the same time. I would like to be able to help them through if they need the help. I would like to adopt from overseas. I would like to have more money for retirement. All of these goals could be possible if I had my house paid for. The experiment begins. Can I do it? I certainly hope so. I am a very goal oriented person so I hope that this blog keeps me accountable for my spending.
Our house is roughly $148,000. This is down from $198,000. This was achieved in less than two and half years. A big portion of this is from the sale of our other home and a $10,000 down payment. I want to take this the distance. My husband is on board. We are currently trying to lower utility bills and grocery bills.
I hope to post each day and document what money was spent that day.