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Introducing the 2015 Choose Thrift First Challenge

Family Balance Sheet

In 2014, the Grocery Budget Challenge encouraged us to keep our grocery spending in line and to be creative with our meal planning so that we do not over-spend. In 2015, the monthly challenge will be Choose Thrift First. Can I make do with something else around my house? This challenge already has me thinking differently.

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Take Control of Your Money in 2015

Family Balance Sheet

And 2015 is no different. My husband and I make some financial goals at the start of every year. Tantrum aside, it’s still going to take years, but there is room for us to make some considerable progress in 2015. In 2015, I will be sharing our journey to significantly reduce our debt. My Themes for 2015: 1.

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Our Big Financial Goal for 2016

Family Balance Sheet

Between 2013 – 2015, we whittled that down and as of today we have just two loans left. Finally, we are able to see the light at the end of the tunnel and are more motivated than ever to pay off these final two loans. I created a debt countdown goal sheet in excel to keep us motivated and have a constant reminder our our goal.

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Our 2018 Financial Goals

Family Balance Sheet

I want to challenge myself to rethink our purchases by taking advantage of more cost effective solutions, like borrowing, buying second hand, or just making do with what we already have. Choose Thrift First. This is going to be a daily challenge for me. Plan our Spending. We will control our money, rather than our money controlling us.