Tuesday, February 17, 2009
Mad Money
Pastor Herbert has been preaching a series called Destinations. This series has been amazing and here is a way it has challenged and applied to my life. Jamie and I are chipping away at our debt every month as we have made a plan to be debt free in the next year or two. So far we have canceled one debt and are working on the others. We have budgeted out all of our spending except for our eating out and Starbucks. Because of this we have canceled some debt but not as much as we could have because we are on the wrong path in this area of our spending. Starting this month we have budgeted in Mad Money. Our Mad Money is the money we are allotted to spend on eating out, Starbucks, snacks, basically all non essentials. With this new budget for our Mad Money we will now be able to cancel more debt each month and reach our goal of being debt free as quickly as possible. We were on a path that was taking us the long way to our destination so we made the change so we can be on a path that put us on the most direct path to our destination. I challenge you: What path are you on that is taking you the opposite way or prolonging you from reaching your destination? Whatever it is, change it and get on the right path. You can do it!
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