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Posts tagged with: payoff

Hubby – The WILD Spender


My husband is a man’s man. He’s more comfortable with a hammer than a computer mouse. I oftentimes snicker when getting the mail and my copy of Smart Money is snuggled near his Family Handyman.

Obviously, our celebrations were VERY different.

Usually, we use side work money to pay debt. He comes home, hands me the check, and I pay the bills. After we made the last payment, he came home, started to hand me the check, looked down at it for a minute, and asked if he could use it for a special payoff surprise.

This was his surprise…

He’s building a pantry with roll-out drawers! He cut a hole in the wall between our kitchen and garage to add some much-needed space to our tiny kitchen. How much did he spend? $100. Quite a deal considering he was able to use a lot of leftover materials from side work to piece it together.

When I told him I felt bad about him spending money on the kitchen rather than on something he really wanted, he assured me this was what he had in mind for quite some time.

That… and he’s sick of me asking him to carry the heavy mixer from the linen closet in the back of the house to the kitchen whenever I need it.

Big smile on my face today. Big. Big. Smile.

Financial Advice from an Odd Source…


My office is putting my through a 12 week management training course. While I have sincerely enjoyed the teachings about management techniques and understanding people, I have benefited the most from one statement…

Begin with an end in mind.

OK, so here’s the sad part, I don’t remember how exactly they applied that statement to management. BUT, that statement is HUGE for me personally.

Often times, I pick a task with no end. I want to get more fit or I want to eat a healthy diet or I want to live as a penny pincher and on and on and on. Here’s the problem: Unending goals like these will lead to burnout.

Head smackingly obvious right? Then why do I keep making these stupid never-ending goals?

I think that’s what I appreciated about the Dave Ramsey program and why it has worked for me. I was convinced to pay off one debt at a time. It’s a goal with an end followed by another goal with an end. I also think that’s why training for a marathon and a triathlon has kept me more motivated than working out without an end in mind. If I want to quit after I finish I can, but I have a feeling I’ll be signing up for another one as soon as I cross the finish line.

Rather than say, ‘I want to be debt free forever’, say ‘I want to pay off my car by next summer’.

Begin with an end in mind.

What is your end?