Welcome to my personal finance blog. I have tried blogging in the past but never really stick with it. I hope this to be the first blog I actually stick with. I will begin with just a little background information on myself and what I hope to accomplish with this site.
I am a 25 year old male and recently married this past July. I am a web developer for an eCommerce store and my wife is a kindergarten teacher. Both of us are currently in debt, roughly $20,000 combined. With both of us now working full time, steady jobs we are ready to get out of debt.
I believe we have a good system setup so that we can accomplish this. With this blog I will document what we are doing and what we discover. Hopefully as people begin reading this they will be able to offer tips and guidance along the way.
I know that there is no way we will eliminate all this debt in one year, unless we stumbled upon some unfound money which is highly unlikely.
Our other goal/dream this year is to buy a house. Our lease on our apartment is up at the end of May and would love to be moving into a house so we can stop putting roughly a $1,000 a month towards nothing. Is it realistically possible for us to do this? I have no idea, not a single clue on the home buying process. Rates are very good and home prices are very low right now, so we are going to be trying our hardest to make this happen.
That is all for now. The next post I will go over our current debt plan. Hopefully this blog will turn into a good resource for others and will help me out in this process.