My hubby and I were talking about bills and money last night and came up with a new snow ball plan after we reevaluated our debt. We discovered that we have an extra $13,000 in debt excluding cars, house, & student loans. Ouch! We are breaking that 13k in even smaller categories so we aren't too overwhelmed and can hopefully stay focused.
We had our first teeny tiny achievement today, too! Usually every Monday and Tuesday before payday we would be write checks to make it until Wednesday when I get paid and pray my paycheck went to the bank before the checks did. We would then already be short on that paychecks budget because of the checks we would write. Well, no more. I just transferred an extra $62 into my savings account because it was all left over money from our grocery/coupon and spend budget. Woo-hoo!!
I know I'm a complete newbie at this, so please excuse my stupidity. But, is it best to get your emergency fund funded before beginning to pay off some smaller debt?