Snowball

I noticed yesterday that we received our "Rebate" from the government directly deposited into our checking account. Cool! What should we spend all of that money on? Maybe a cool new plasma TV? Or . . . maybe a gadget that Apple makes? Or . . .?

Na! We've decided that we are going to get out of debt and owe no one! So . . . as quick as the money went into our checking account - it left. We sent it onward to pay off some debt. It is what Dave Ramsey calls the debt snowball. We've been learning about how to handle our money in a responsible way through a class at our church called Financial Peace University.

It's basically a common sense approach to money (and it's biblical). Stuff that we heard our grandparents say. "Save up and pay cash for it." "Live on less that you make." "Live on a budget." We've decided that we are going to get out of debt and not get back in unless we buy a house.

So, thanks Uncle Sam for the help with the debt snowball. We're getting closer to the day where we will scream "We're Debt FREE!"