How many times have I read bloggers who make statements about how their life is going, and say they're fine with it, when anyone can read between the lines and easily see that they are not fine at all?
Time to count Grace in that crowd.
I took a look at where I was financially when I started this blog in June, 2007. I then compared it to where I am now.
The picture is NOT pretty!
It is, in fact, worse than I expected.
On the savings side, things are the brightest. I had $167,166 in my 401(k)when I started. That fund now stands at $195,871, an increase of $28,705.
I kinda thought that paying attention to my debt, becoming frugal and entering a learning curve regarding smart financial practices would put me on the right path. If so, there have been a lot of potholes on that path!
My total debt HAS gone down in the past 3.3 years--a whopping $1034!
Longtime readers know that's not the whole story--I HAVE been paying down my debts, but along the way was the van that dropped dead, a rental that needed first a new furnace and then a new roof, children that needed various bail-outs, not to mention a wonderful but not exactly frugal trip to Japan.
But what am I telling myself?
That I'm OK, that I would have been in even worse shape had I NOT paid close attention to my spending, that once my mortgage is paid off (in 4 years) I'll be able to throw that entire monthly payment at my debts and have them cleared out by the time I retire.
It's not a great plan, but at the moment, it's all I've got.