When Doug and I got married, we were in bad shape financially. We started the Financial Peace University Course (Dave's class) in September of 2008. Since then, we have paid off over .... drum roll please ....
$25,000
It's been an insane amount of hard work and sacrifice, but its been so worth it. We still have more to go, but we should be completely out of debt in the next year or so, Lord willing.
One of our biggest down fall was FOOD... you know... going out to eat, fast food, and over spending at the grocery store. This needed to stop to help us get out of debt so my budget for food is $150 - $200 a paycheck (around $350 a month). This does NOT include diapers or formula. However, this does include toilet paper, laundry soap, dish soap, shampoo, conditioner, etc. I clip coupons from the Sunday paper and grab store coupons from Fred Meyer. I only use coupons for things that are for sale. I have a few friends who are better at saving money using these though.
This is what my shopping list looks like spending $150 - $200 a paycheck:
Dairy
-Whole Milk (2 Gallons, lasts two weeks) for Ellie at Costco for $3.00
-Kirkland Cheese (Huge block, lasts a month) at Costco for $5.00
-Goat Cheese (Huge tube, lasts two weeks) at Costco for $5.00
-Organic Eggs (16 Eggs, lasts two weeks) at Costco for $4.00
Bread
-Kirkland Brand Whole Wheat Bread (2 Loafs, last two weeks) at Costco for $3.00
Coffee
-Kirkland Organic Ground Starbucks Blended Coffee (2 lbs, last two weeks) at Costco for $10.00
-Half and Half (1/2 Gallon, last two weeks) at Costco for $2.00
Meat
-Kirkland Frozen Bag of Chicken Breast (5lbs, last two weeks) at Costco for $16.00
-Ground Beef 94% (4 lbs, lasts two weeks) at Fred Meyer for $16.00
-Kirkland Turkey Lunch Meat (3 Packages, lasts two weeks) at Costco for $8.00
-Roast at Fred Meyer for $11.00 or what's on sale
Veggies and Fruit
-Kirkland Frozen Mixed Berries (5 lbs, last a month) at Costco for $10.00
-Kirkland Organic Frozen Peas (5 lbs, lasts a month or two) at Costco for $7.00
-Kirkland Organic Frozen Green Beans (5 lbs, lasts a month or two) for $7.00
-Organic Spinach (Huge box, lasts two weeks) at Costco for $4.00
-Miscellaneous veggies and fruit at Fred Meyers (Non-organic usually)
Canned Items
-Organic Diced Tomatoes (10 cans, lasts a month or two) at Costco for $10.00
-Fish Crackers (2 huge bags, lasts a month) at Costco for $8.00
-Cereal (2 huge bags, lasts a month) at Costco for $8.00
-Cereal with coupons at Fred Meyer price varies with coupons
-Organic Brown Rice (huge bag, last 3 months) at Costco for $8.00
Miscellaneous Things
-Shampoo and Conditioner (Huge bottle, lasts about 6 months) at Costco for around $20.00
-Toilet Paper (lasts a month) at Fred Meyer with coupon around $10.00
-All Free and Clear Laundry Soap (lasts a month) with coupon at Fred Meyer for $12.00
-Dishwasher Soap with coupon at Fred Meyer price varies
Miscellaneous Items for Different Recipes
-All at Fred Meyers
Our meals are preplanned and I try to cook often to save money. Yes, it's a lot of work, but that is how you pay of $25,000 in debt in two years.
Mike, Genesis, and Kids
If you would like to read a really inspiring story about a family of 6 who paid off a LARGE amount of debt using the Dave Ramsey Program, Click Here.
So PROUD of you guys, Jess! (and the Wheelers too!) If you guys can do it, we can do it. Thanks again for the insight and encouragement.
ReplyDeleteLove you!
Em