Just fetched {LM} home from a birthday party and now her and {S} are running round like wild animals! If that wasn't enough to give me a headache working out the finances was!
On the plus side we are not in as much debt as I thought we were, we should (fingers crossed) be debt free in a little over 12 months. It could be less, as when one thing is paid off we can put the extra onto debt no.2 and so on. However I am setting us a target to be debt free by April 2012.
According to Dave Ramsey we should set up an emergancy fund first of $1000 that equals approx £622. I can't do this first, as I have a debt that I need to pay back by the end of April, but once that is paid we can sort putting some away for our emergancy fund. The most expensive thing to replace for us would probably be the tv in the lounge, so I will set aside the cost of a new tv plus a little extra, it will probably be around the £700/£750 mark.
I still need to jiggle things about and some of the statements for our bills haven't updated yet so I don't know how much is due in April, but I have made a start
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