Since we’ve started really attacking our debt, interesting things have been happening with our money. Some good, some not so great, but all kind of crazy when you think about it. In October, we had a setback due to a hospital bill we weren’t expecting (which we might finally have some updated news on soon!). We’ve had several unexpected and rather pricey car repairs that would have definitely been thrown on a credit card in the past. After reading “Managing God’s Money” by Randy Alcorn, we decided that we really needed to be giving more to our church than we had been. Like, twice as much, even after we had already increased it from what we were giving at this time last year. Then, earlier this month we found out that we owe over $1,000 in taxes this year instead of the cushy refund we’re accustomed to getting. But, you know what the craziest thing about all these “setbacks” is? We’re still ahead of schedule. If you look at my original timetable, we had projected that R’s car would be paid off in November of this year. Then, at the beginning of this year, I set a more ambitious goal of paying it off in June. If things continue going the way they’ve been going, we could pay it off even sooner than that! This is a HUGE reminder that God provides when we trust Him.
|January 2016||February 2017|
|K Student Loans||$14,058.10||$12,409.88|
|R Student Loans||$47,879.41||$46,359.50|
The Fancy Chart
As I mentioned at the beginning of the post, we have quite the tax bill coming in a few short weeks. Because of God’s grace through overtime and some odd jobs that R has been able to pick up, we already have the bulk of it set aside. Yeah, it would have been nice to put that towards the car, but like I said, we’re ahead! I can’t tell you how excited we are to watch those little green bars fall faster and faster every month. This budget stuff works, people. Our income isn’t spectacular, especially given the amount of time we spend at work, but we’re making progress because we work as a team and we share this goal. I have no problem giving “my” overtime money to “her” spending categories, and neither does she with mine. And of course, the biggest reason that this is all starting together is because we’ve realized that it’s not really our money to begin with. Psalm 24 says that the “Earth is the Lord’s, and the fullness thereof.” The money in our bank account is still His, He’s just entrusting it to our management, and He expects us to use it wisely. Though we still have a long way to go, we’ve finally started to understand that.