I sat down last night and worked over our budget for the year. Some things, like car payments and rent, didn't change. Others, like GAS (yikes!) and insurance (we added another vehicle) did change. With Tim on part time, we've had to cut back on a lot of things. I'm truly looking forward to a time when it's all paid off.
I am grateful, however, that we have the means to pay our bills on time. Once upon a (not so long) time ago, that wasn't always the case, and we were living very closely to bankruptcy. As we got smarter with our money, things got better. Everything is paid on time for the full amount, and sometimes we add a little extra when we can to pay it off sooner. I've read that by taking the money originally used on a bill now paid off and rolling it into another payment, the debt will shrink faster. I'm happy to say that this will be happening fairly soon to one of our credit cards. :)
The true intent behind all of this is to pay off enough that we can start saving more money up for our eventual home purchase. We've refrained from any new credit accounts, paid up everything, and continue to pay on time in the hopes that when the time comes, we'll have the income, credit, and down payment available for a comfortable home we can afford. Something with 4 bedrooms and a LARGE kitchen would be nice. Especially if it is in a neighborhood with other children for the kiddos and no turney-pothole-y roads for us adults. Something in southern Berkeley County so we can keep the same schools, but a little closer to work so I don't have to drive 40 minutes (or more) to get there. For now we'll buy a house, but later on I think we'll have our dream home built.
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