At the beginning of our financial journey, it definitely felt like we had a long way to go. Our budget was a mess because it was a new concept to us (neither of us had ever created one before) and we had to work together on it. On top of that, we had nearly $40,000 of debt and weren’t sure how we were going to pay it all off.
I’ve written about that process that we eventually adapted to get our debt cleaned up and move on to other major financial milestones like having an emergency fund of six months worth of expenses, ramping up our retirement investing, and starting a college fund for Rooney. Our budget has become a habit and way of life (thank goodness).
We’re now in the midst of a major renovation in our basement and throwing as much money at that project as possible. Kelsey often says, “We don’t have any money!” Translation: We don’t have enough money to do all of the things we want to RIGHT NOW. We still struggle with this. On one hand, we have made a lot of sacrifices to get where we are, and it’s taken a lot of discipline. But some of the most important things we are doing financially are kind of set on autopilot and they suck up much of our monthly income (retirement and college savings), leaving us wondering where all of our hard-earned dollars have gone.