Tax time,,, some love it, some hate it. With 3 children we are in the stage of loving it because we always get money back. : ) This year turned out even better than we expected, and that is a good thing because I already have plans for this money. And believe it or not were not getting anything extravagant or unnecessary. The only questionable item is a dishwasher, but to me that was a necessity. Having 5 people in our family, plus childcare children and being home all day produces a lot of dishes! Plus we got a pretty good deal on it!
With our return we will be purchasing a used vehicle for Ben with cash (finally!) I'm really hoping we can find a good deal for him, I don't want to spend more than 3000 on one, but we also want something that is reliable for him. Then I will be able to set up my 1000 dollar emergency fund,(first step of Dave Ramsey's Total Money Makeover). Then I am going to be able to totally pay off a credit card that has a pretty hefty amount on it and a ridiculous interest amount on it (then that card will be cut up and seen no more!) I have a medical bill that will get paid off also.
I am very excited to be able to do all of this. It really gonna help me get the ball rolling. From there then I can focus on the rest of the credit card debt, using the money I was paying on the CC that I paid off and putting it toward the next one on my list along with what I was already paying on that one! By using a website that you can calculate how long it will take you to pay off a card, I should be totally free by the beginning of 2012. It will probably be a lot sooner though because once we get the ball rolling and any extra money will go towards those debts, it probably wont take that long. It seems like a long way off but it will be totally worth it!
Now I just hope that nothing gets screwed up b4 now and the time we receive our refund. Something always seems to happen, but I'm thinking positive!