Meet Dave. Dave is Chad's new hero.. ha ha ha. Okay, I kinda like him too. This is Dave Ramsey, a financial guru. Let me start by saying that Chad and I have always had debt. We got married with debt and as much as we were able to pay down something, we would find some other way to get back into debt. Well, a few months back one of Chad's coworkers mentioned Dave Ramsey, and Chad decided to do some more research on him. I admit that when Chad started to tell me he wanted to attend one of Dave's seminars or buy some books of his I really didn't think that he would do it. But I guess I was wrong. The next thing I know a big box arrived at the house with 2 of his books, a couple of his DVD's and an envelope system.
Click here to see what we got. After reading the books, and watching the DVD's, Chad and I were sold. We have been doing Dave's system for about 6 weeks now and can not even tell you all the difference it has made in our finances and in our marriage.

In a nutshell, this is what we are doing: Chad gets paid every week. So, on the way home from work on payday Chad stops by the ATM and pulls out our allotted cash, which is what we both have agreed we can get by on every week. Included in Dave's kit was this handy envelope system. It has all of these pockets that we have named Grocery, Gas, Restaurants, Entertainment, Clothing, Babysitting, etc. We simply fund the envelopes with the cash. I can not tell you the last time I used my debit card. I am on cash only. Research shows that when you buy with a card, you spend more. It hurts to pay cash, and see that money go and so you are tighter with it. I can attest to that in these last 6 weeks. :) I take these envelopes when I buy anything, and leave all cards, even my debit, at home. I pay in cash and when it is gone, it is gone... period. You could easy look at this system and think that it is binding and really mean of Chad to make me live like this, but it has been very freeing. For example, no more do I have to be afraid of getting in trouble for shopping. This last week I had 60 dollars in my clothing envelope and my sisters invited me to go shopping, so I went, guilt free! I don't know if anyone else does, but every time I would go shopping for groceries or whatever, I would get to the register and have a moment of panic that it was going to be a big bill and I would be in trouble with Chad when I got home. I hated that feeling!! Never again.

The best part is that no more do Chad and I argue about money. Whenever we talk about money it is usually how excited we are that we have paid off yet another debt or credit card. Six weeks ago Chad and I put our credit cards away, so we would not be tempted to use them. This morning Chad got them down and went to town on a little "plastic surgery." By sticking to using our cash and using all the money we can every paycheck towards our debt, we have already paid off quite a few and we now have more money in our savings account then we have ever had. I have been very proud of Chad, and his determination to make this happen. His goal is to be debt free except our house in 18 months, and I would wager that we will make that. Trust me, I will make a big post about it when we do make that! I would never have imagined it, but this envelope system has been a huge blessing. It feels like we have truly turned a leaf in our marriage for the better. We have also started teaching our kids about work and money, by using Dave's books that I am really excited about. But that will have to be for another post...