That’s right. Im a mommy, and Im in debt.
I read alot of blogs about getting in debt but they usually start off with “Pay yourself first” & “Put aside $100 a month for your emergency fund” The emergency will be no groceries if I do that.
See, I think there are different kinds of poor and different kinds of debt. There are people with alot of debt who just don’t know where to start, who to pay first… Then. My kind of poor. Living paycheck to paycheck. I am not in what you would consider alot of debt, I just can’t pay it off unless we don’t eat, or pay the mortgage.
I’m also Canadian, and most of the blogs I’ve found are from the States. So, I can’t double stack coupons (Oh, the horror) but I do have free health care. Holla!
I want to be able to take my kids on vacations and give them memories they will remember for a lifetime. I also want to document it as I make my way from red to black. With that being said, I dont plan on using my name or my kids names. I feel like in order to be the real deal and lay it all out on the line I need some sort of anonymity. So, if you are looking for pictures of cute kids and stories about my day to day life this isn’t the blog for you (but boy, are my kids cute!). Full disclosure, this isn’t even the kind of blog I would read, I like to be able to put faces to names so if you do want to stick around, imagine I look like Natalie Portman or Kristen Bell. I have no problem with that.
So, here it is.
I am currently on maternity leave (Which means one of my two children are under the age of one. In Canada, along with free health care we are allowed one year of maternity leave while being paid 55% of our wages.) My husband works full time. Together we make under $50,000 a year. We both have credit card debt, “own” our house ($1,200 a month) one car payment ($350 a month) and a monthly loan payment ($200 a month. I recently upped the payment to an even $200 from the previous $134 and change. I figure this will atleast help eliminate that debt quicker)phone bills, internet bills and the like. Two children, no pets. We are slowly trying to work our way to being debt free and would love any help and advice you can give. Like I previous said, we basically live paycheck to paycheck. We do have RESPs set up for the kids, but thats it in the savings department. (For non-Canadians, that is a Registered Education Savings Plan, or a college fund)
So, there you have it. This blog will be a hodge podge of me complaining about debt, trying to break free from debt and share easy and cheap (yet still healthy) meal ideas and DIY projects. I look forward to hearing from you and hopefully we can learn from and help eachother.
Mommy in debt.