Sunday night, we watched the first Financial Peace University DVD. It was called Super Savers and was on the importance of making saving a priority and also had a brief overview of the baby steps, which are as follows:
1. $1000 in a baby emergency fund
2. Pay off debt using the snowball method
3. Get 3-6 months of expenses saved
4. Invest 15% of income for retirement
5. Fund college for your kids
6. Pay off your home early
7. Build wealth and give.
Now I've joked before about how we cannot seem to get off of Step 1. But when I look back over the last 428 days of our lives, we have made huge strides. However, in the last few weeks, we have been slipping. That's okay. We're human and we're allowed to slip up. In the past that would have meant it was time to throw up our hands and say "Eh, we can't do this anyway" and go on as we have in the past: like Gomer Pyle on Valium (that's a Dave Ramsey quote). So...here's to getting back on track. Tomorrow's post will be dedicated to a list of attainable goals for getting our finances back on track.