Have you ever had a dream where you are trying to run away but your legs just won't move? It's like in the cartoons when they jump up and their legs are going but they're still in the same spot. I have felt like that with our finances lately.
We are doing all the right things. We have paid off all debt except our mortgage. I know that's huge. I know it's a big, important step. But we feel very stuck.
We have been working on building up our emergency fund since September. We have mastered - okay, maybe that's too strong of a word - we have gotten really good at budgeting. We've eaten out less and tried to cut back in a lot of ways. We're naming every single dollar that comes in and telling it where it's going.
But those darn emergencies keep happening and we're hitting a wall.
I have been told this is normal. I have been told that as soon as you say out loud, "We're not going into debt again!" that you will be tested. After having to buy a new van a month after paying off our home equity loan, I do believe this. But 4 months of testing is a little much, isn't it? It's hard to keep one's focus when one doesn't seem to be gaining any forward momentum.
I have also heard that there will come a point when you will shoot past the wall and gain momentum in your financial journey that you never thought possible.
I'm ready. Let's go. Maybe in January?