2008/08/24

The Starting Situation

It's important to document where we are at as we begin this fight.

Here's what we know:
We have a house. We have two mortgages. We have two cars. We have one car note. We have two kids. We have huge expenses. We have huge credit card debt. We have one income...mine. We are smart people. We are in trouble.

Here's what we don't know:
How much we owe on either mortgage. How much we owe on the car. How much we spend each day, week, month, or year on anything.

Here's where we want to be:
First, we want to be free of all consumer debt. Next, we want to be free of all non income producing debt. Finally, we want to be financially independent, with the freedom to invest wisely and enjoy life free from financial anxiety.

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