- DH = Dear Husband
- DD3 = Dear third daughter
October progress: slow
We started our journey out of all debt in June of 2012, and at this point, over 5 years in, we can see the finish line.
- $21,000 in consumer debt – GONE
- $81,000 in business debt – GONE
- $155,000 in mortgage debt – down by $89,000
- Our grand total of $257,000 in debt has come down to a $66,000 mortgage
In October, we weren’t able to pay as much off of the mortgage as we had hoped to. After a low September payment, it was discouraging – especially since we anticipate a low November payment too.
Gazelle intensity* wanes
One reason I’m not really worried about our current spate of lower payments is that we have had great long-term progress, and it absorbs this slow-down blip easily. Another reason is that I’m preoccupied by other things. I don’t know about you, but when there are significant worries in other areas of life, that gazelle intense focus on finances wanes. Don’t get me wrong. I’m convinced that healthy finances are part of a strong foundation for all areas of life. They are very important. It’s just I don’t always have the bandwidth to keep our finances a point of focus. Like now.
My mom’s health
Of greatest concern is my mom’s health. Her blood pressure has gone out of whack again, and besides a trip to the hospital by ambulance, it has meant a battery of medical tests; multiple visits to various doctors; frequent visits from her children; and a constant stream of emails among us, about updates, to-do lists, and decisions to be made.
My mother is 92-years-old and very fortunate to have lived such a good and long life. She won’t live forever, and she accepts that fact with perfect peace. But uncertain health is no picnic at any age. It’s been a roller coaster of crisis, hope, and emotion. Thank God she did her trip to Italy in September. It wouldn’t have turned out well if she’d gone in October.
DH operates a home business, and there are always ups and downs with it – resulting in variable income, and variable debt-repayment. DH’s business is currently undergoing a stress test. We’re all feeling it. I can’t say much more than that.
I’ve recently put a lot of work into a marketing initiative for my children’s book. I’m at the wait-and-see point now. When you take on something like this, you have to be ready for the possibility that it goes nowhere. And it’s not easy. “Going nowhere” would be a real disappointment for me.
If I look at it philosophically, I wrote Ella Builds A Wall for DD3, and not for anyone else. Still, I have boxes of the book in my room, and it would be really nice if they sold. If they don’t, I’ll figure out something. Again, not the end of the world. Just a raw, anxious thing.
Poor Rocky has had fleas and an ear infection. And blood-work indicates that there’s more on the horizon. In the name of frugality, we have chosen a veterinary clinic that is a significant distance from our home – because its services are reasonably priced. Trips back and forth to the vet are no small deal, and the looming question mark of expenses, even for relatively inexpensive veterinary care, add an element of dread to our concern for Rocky’s health and the complicated logistics involved in getting him seen, assessed, and treated.
To anyone committed to debt-elimination, I would strongly advise not to get a pet. There are too many unpredictable expenses involved. But we bought Rocky years before we started our journey out of debt, and he’s a beloved member of the family. Rocky is 11 years old. It is very, very tough to navigate the maze of decisions coming our way as he ages.
No discretionary log for this month please
I’ve been providing a log of my discretionary expenditures over the last couple of months in an effort to get my discretionary account out of the red. I’m going to excuse myself from having to provide such a log this month. Whenever things are out of balance in my life, I spend more – especially on food. I’ll tell you this much: it happened again.
Sorry for the less-than-perky tone of this post! I try to keep it real, and this is where we’re at.
Do you find that your financial focus blurs when life goes off kilter? Your comments are welcome.
Image courtesy of Pixabay.