Good to be back.
We had a lot of things going on this month, so I apologize for not writing more. I am still working out a schedule for this blog, so I should get more consistent with my posts (hopefully).
This month we laid down some sod in the backyard. I spent about a week preparing the backyard. I had to move some dirt, drop some weed killer, buy top soil, and then till the land. It was some hard work, but it is good to see the fruits of our labor with the final product. The tall fescue sod is starting to perk up a little bit. I am, however, nervous about our water bill as we have to water it for 45 minutes each morning at 6 am. We also have some white grubs underneath the Fescue that apparently eat the grass roots and destroy your lawn, so I am in the process of locating Nematodes to spray into the soil to kill them.
On to the debt. Last month, my wife and I decided to hire a financial adviser to help provide us with some insight on our debt. She is a family friend and absolutely wonderful to work with. She looked over all of our debts and typed up a proposal for us. We have a plan of action and we are going to stick to it. I want to share one of the more interesting things we found out from our meeting the other day. She showed us our plan and told us that if we paid the minimum on our Citi card (no interest and $20 minimum) we could pay off our debts 7 years faster by applying that $80 elsewhere, as we are currently paying $100 a month on this card. My wife and I were shocked to say the least! We know the credit card will eventually have interest, but in the mean time we will continue to pay the minimum on it so we can attack our student loans more vigorously. So, after sitting and talking through our plan, we should be debt free in 2 years and 11 months. This will all depend on our commitment to the plan, as things are likely to come up that aren't planned! However, it is encouraging that we can hopefully be debt free by 28, as many people in America aren't debt free at that age.
Here is a picture of our finished back yard for your enjoyment...