Financial Wake Up Call

Dear Reader,

Two years ago, the financial situation in my life was not pretty. Life was good. Life was comfortable. And, I suspect, my life and resulting financial situation, was very similar to many others. We did not experience a great financial disaster or severe hardship.  But one day, I woke up and I could see how close to catastrophe we were.  I cannot remember the moment or incident that triggered that realization, but I hope it will come back to me as I continue with this blog.

I have made some remarkable financial progress since that time and I still have lots of work to do.  I am a work in progress, but moving in the right direction.  In two years, I have paid off over $50,000 in debt, increased our savings substantially and reduced our monthly spending by over $2,000 per month.  I would like to share with you what I have learned and the challenges I face next.

Technically, I did not do it alone – we are a double income family with two children.  But, I did take control of the family finances and made a number of changes in stealth mode.  And guess what – my family hardly noticed.

I am looking forward to continuing this journey with you.

financial wake up call
image Jenny Cestnik Flickr


Have you received a financial wake up call?  What was yours?


  1. We are double income family with two kids just like you. Your comment grabbed my attention.

    “But, I did take control of the family finances and made a number of changes in stealth mode. ”

    How did you take control of your family finance? You were not in charge before? Your husband was ok with it? My husband just doesn’t want to give in or let me take a little more control. But luckily he agrees that we need to be on the same page, but that is it so far. If you had to overcome your husband’s reluctance, and if you can share a secret, that would be great.


    1. Good question and I’ve had to think about how to answer it a bit. I wouldn’t say that I did anything to deceive him or anything dishonest. I did start tracking things closely though and he didn’t seem to mind. Little things like turning down the thermostat or cutting the grocery bill I did on my own without consulting him but other things I would discuss with him and it was helpful to show the numbers good and bad. Progress can be motivating.
      I am in money mode most of the time so he is used to me talking about it/questioning things and bouncing ideas off him. Good luck!


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