Time to Make A Change

by Kay Lynn

Project 366 2008 - March 15, 2008 - Paul, up close and personal ~

Knowing that I covet electronic gadgets you would think the iPad is in my sights. Not really as I’ve never been an Apple person. My MP3 player is a Zune and I am a PC (actually we have three PCs).  My phone and netbook can do all that the iPad does and even multi-task.

That works out because I’m going on a spending hiatus for the rest of 2010.  Obviously we have to spend some money, but no big ticket items (nothing over $50) unless it is to replace or repair an unusable existing item.  The only exceptions are two planned vacations.

Why the hiatus? I don’t believe in total deprivation when in the debt elimination mode.  My mode could be compared to the slow and steady turtle versus the intense sprints of the gazelle.  But the intensity has gotten too lax the past couple of months even though I love my new acquisitions  (same phone and netbook mentioned above) and use them regularly.  The turtle lost its direction.

That money could have gone to reduce debt.  Maybe it doesn’t make much of a difference but even one month closer to the rest of my life would have been nice.

What’s the hurry? I’m anxious to get to the point where I can focus on retirement savings, mortgage pay-off and giving. I have a ways to go thanks to credit card balances and student loans, but it’s less than 24 months.

You and this public forum are my accountability.  Starting with the February monthly update spending status will be reported.  Thanks for listening and helping me get back on track for the journey.

photo credit: turtlemom4bacon

Content © Bucksomeboomer  2009-2010. All Rights Reserved.

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Money Funk February 8, 2010 at 9:35 am

Oh, spending hiatus for the rest of the year… considering we just started that is a bit of ways to go. 🙂 But I commend you and look forward to your progress. There is nothing wrong with putting momentary means to speed up your progress a bit.

What fun places do you have planned for the vacations?
.-= Money Funk´s last blog ..The 4-Hour Workweek Book Review =-.

Bucksome February 8, 2010 at 6:38 pm

Hi Money Funk,

Yes, it’s aggressive (for me) but I really have everything I need and a year of tightening the belt would be good. Our first trip is a Mexican Riveria cruise this Spring. The second trip is to Blogher in New York this August.

Money Funk February 8, 2010 at 7:41 pm

How fun! Have a wonderful time on your vacations!

And I look forward to your spending hiatus progress. 🙂
.-= Money Funk´s last blog ..The 4-Hour Workweek Book Review =-.

Mr Credit Card February 8, 2010 at 9:55 am

ok then – we’ll be watching and auditing you!

Bucksome February 8, 2010 at 6:46 pm

Thanks, Mr. Credit Card. I appreciate the support!

Daddy Paul February 8, 2010 at 12:47 pm

What a great way to meet a goal. You are doing it right. Write down your goal and tell as many people as you can about it. That way it’s tough to go back on it.
.-= Daddy Paul´s last blog ..Select the best concentrated portfolio funds =-.

Bucksome February 8, 2010 at 6:39 pm

Hi Daddy Paul,

Thanks so much for stopping by and the support.

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