I don't know what I expected when Jenny and I decided to embark on this blogging adventure, other than I hoped it would help keep me on track in my quest to get rid of the debt that is holding us back. What I didn't expect was the quick welcome from others in what I understand is affectionately known as the "PF blogging community." (I think PF stands for personal finance. If I'm wrong, somebody tell me what it is.)
Today I took the advice of Sarah, who suggested giving a more detailed breakdown of my debts under a separate tab so that anyone who stops by could keep us straight. It was a scary sight to see all the debts listed. Humbling too. I have a lot of work to do. As a disclaimer, I did not list the mortgage on our home or one student loan that is not in repayment yet. I did list the remaining debts, all of which we are actively working on. It's quite a list.
I guess it's a sign of how deep we were in that I had never made such a list, even for myself. In general, I am organized to the point of annoying. I'm an everything-has-a-place kind of gal and I can put my hand on anything in my house that anyone is looking for in a matter of seconds. But clearly I had buried my head in the sand when it came to the debt.
That ends today. It's out there for all to see, including me. I'll update it somewhere around the 15th of every month so I (and you) can see the progress, slow as it may seem. We quit using credit cards in November and four of the accounts are now closed anyway and in a BLP. At least the debt won't be going up.
Thanks for the support. I can tell I'm going to like it here.