Debt Views

I am sick and tired of being in debt up to my eyeballs and want to gain control over my life. This is why I have set a goal to be debt free by April 2009.

Paying off $72,900 worth of debt is not going to be an easy task, my husband makes a very small salary already and I am a stay-at home mother of three children.

On top of that, my husband is losing his job in July 2007 after being diagnosed with severe epilepsy, which cannot be controlled by medication.

We also have our fourth baby due to be born that same month. However, in spite of how hard it will be to meet our debt free goal, we are determined and motivated to make it happen.

My debt payoff plan is to make money online through legitimate work at home programs. I have found a few great ones so far and have been able to start a small income, which I plan to increase over the next several months.

It takes a lot of work to be successful at making money online, I am putting in a lot of hours because we are in a sink or swim position in our lives right now.

When my husband loses his job in July 2007, we are moving in with his parents while we pay our debts off and work to save some money for a place of our own. My husband plans to do as many side jobs as he can to supplement our income and pay down our debt.

Our desire to be debt free is very strong, even to the point that we are willing to work like crazy and give up all the luxuries of life that most people like to enjoy.

We have no cable television, we never go out to eat, we only buy clothes for the children when they absolutely need them and we never buy clothes for ourselves.

We don’t go to the movies, order pizza or do anything that costs money. Our kids do not get any new toys or games. Unless of course those come as gifts from grandparents.

I don’t want to sound like we deprive our children. We do free things with them so they have some entertainment, such as go for walks and play at the park.

We don’t eat any fancy meals. The staple of our diet consists of beans & rice and other inexpensive meals such as pastas, baked potatoes, and vegetable stir-fry.

We got ourselves into debt, so it is up to us to get ourselves out of it. We have to sacrifice in order to meet our debt free goal.

I invite you to watch our progress as we dig ourselves out of debt and towards financial independence. Any support or encouragement you can provide will be extremely helpful to our cause. I have set up a blog to track our progress towards our goal, which you can visit here- Working for Financial Independence.