We want to be as transparent as possible with our marriage so that we can potentially show others what we have learned. We want everyone who reads our posts to know we aren’t perfect at this whole marriage thing. We make a lot of mistakes.
One of the things we obviously aren’t perfect at is finances. If you’ve been around our blog long enough, you know we’ve talked about money before. We aren’t shy about talking about cash, budgeting, and debt. Love it or hate it – money is what makes the world go round. It’s hard to do anything without money (although, there are a lot of cheap/free date ideas).
Now, let’s talk about our mistakes – we’ve been slack over the last several months.
When we first were married, and even when we were engaged, we were EXTREMELY money conscious. We tracked all of our spending and were soooooo frugal. We created budgets, we sat down and look at how we had been spending, and were would check our bank accounts several times a week. We were relentless about not spending extra money.
We’ve fallen off the financial wagon a little bit, but in a (mostly) good way. We have gotten a little less uptight and allowed ourselves to have more fun. We bought a house, we’ve both gotten raises, and our photography business is keeping up busy with clients which is great for us financially. We aren’t wealthy, by any means, but we’re really comfortable.
Because we’ve become comfortable, we’ve also gotten more relaxed with our money. We’ve don’t watch our spending as closely and we are less concerned with our budget.
Now, we haven’t ran out and bought new cars or gold plated toothbrushes, but you don’t have to buy crazy extravagant purchases to be slack stewards of your finances. Before we got married, we went through Dave Ramsey’s Financial Peace University, which was hosted at a previous church we had attended in Liberty.
In the class, you learn about everything from budgeting, to how to save your first $1000, to llife insurance, and credit scores. We LOVED FPU. It taught us so many things we didn’t even know that we didn’t know. We are honestly a little scared of what our first year of marriage would have looked like had we not gone through that crucial training.
The content we learned in that class helped us pay off our student loan debt MUCH faster than we ever thought possible but also helped us learn how to approach and handle our money. It also helped us as we were buying our house because we somewhat understood interest rates and PMI and more.
What we have to remind ourselves of is that those resources and knowledge aren’t going to help us if we don’t implement it. We can’t just assume, “oh, now we’re good,” and stop doing all of the practices which got us to this point. Thankfully, FPU helped us to learn how to think about money in a healthy way, so we have that going for us.
Why do we tell you all of this?
First of all, we want everyone to know how much Dave Ramsey and his resources have helped us. Even if you aren’t a fan of his, you need to know the importance of managing your money, regardless of how you do it. You don’t have to agree with every single word he teaches, but the basic teachings of budgeting, knowing where your money goes, having a savings account, paying down debt are HUGELY helpful and practical.
Secondly, because it helps to share your failures. We believe in sharing our lives with others. We know that every person out there has finances, whether they’re in good or not so good shape is another thing. It’s easy to look at other people’s lives and assume everything is going well. Without being transparent, no relationship can flourish.