22 Feb

One Year, Two Baby Steps, Three Missed Snowballs

Posted by the Dad in Climbing Out.

DOMAIN RENEWAL NOTIFICATION: Your domain Climbingout.net is going to expire!

Wow — already?!

I can hardly believe it has been a year since we started on the road to financial peace. First, a thank you to all of you who follow our journey and offer encouragement. To those of you doing it with us, HIGH FIVE!

So how are we doing? It’s been 12 months since we started this journey and this blog.

For 12 months we have …continue reading

16 Nov

The Good and the Bad of Arbitrary Goals

Posted by the Dad in Climbing Out.

[W]e may have to accept a new time-line. Debt-free in May 2011 seems more likely than October 2010.

We’re not going to make it.

The wife and I have been running the numbers and talking it over for about a month and we realize that unless we take extreme measures or a financial windfall drops in our laps, we are not going to make our goal of Debt-freedom by our tenth anniversary next October.

Like accepting Darth Vader is Luke’s father, it’s demoralizing and takes the wind out of my sails, folks.

”A goal is a dream with a deadline.” said Napoleon Hill and I gotta be honest, unless The Wife and I can drum up another grand each month, we ain’t gonna make ours. …continue reading

24 Aug

How to Get Debt-Free: Month 6 of the Journey

Posted by the Dad in Climbing Out.

Has it really been six months since we pulled our heads from our butts and started this plan to be debt free?

Looking back at all the posts and great comments it seems ages ago that we did not live on a budget, but it also feels like the last six months have flown by.

Time for another state of the union update. If you recall in February we started with nearly $47,000 in credit card and medical bill debt. …continue reading