So far Maranda and I have gone through the first three lessons of Financial Peace University. These lessons are Super Saving (steps 1 and 3), Relating With Money (relationships and marriage), and Cash Flow Planning (budgeting). We really enjoy it, the stories and jokes lighten the mood of such deep financial discussions.
We've made our Quickie Budget and have figured out who the "Nerd" is and who the "Free Spirit" is in our respective marriages. (I am the nerd, Kyle is the free spirit). The Quickie Budget was a real eye-opener to how much we were all spending on nothing.
Homework for now is to make a real and detailed budget using the Monthly Cash Flow Planning Form. We will implement this budget the first of April.
Step 1 is to build a $1,000 mini emergency fund. I'm currently listing items on eBay, selling stuff to friends, and we are planning on having a garage sale in order to jump-start this step and get there quickly!
We will continue our journey next week!
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