This is my adorable husband, and I love him so much. We are expecting our first baby in February, after miscarriages, tests, medical procedures, and surgery. We are elated.
My dear husband graduated with nearly 100k of student debt. Despite both working in non-profits, we have sacrificed and scrimped. We share one car, we have taken extra jobs delivering pizza, and been a care taker to an elderly gentleman. We have accomplished the amazing feat of lowering our debt to 63K in just under 3 years. (Which means we have paid off almost 45K).
Our opportunities and means are changing drastically with the arrival of a baby. It was a difficult year of medical expenses and life always brings the unexpected. We are expecting more expenses than ever and need another car. My husband generously said that we will not be spending anything on Christmas for ourselves this year, but will set aside an amount, as we love to do each year, to help others and give to those whose need is greater than our own. We both know that if we always consider ourselves to poor to help others, we will never become the people we wish to become.
I am looking for help to pay down our debt as a secret surprise to my husband. We have been taking a 12 week financial course this fall, and have learned that no matter how much money we have, it is our own ability to manage money that matters, or else we will end up in a cycle of debt. We are determined to get our of student debt, and remain debt free for life. We also have done the math over and over and know that we have many more expenses than we can afford next year.
We aim to be the kind of people who can pay it forward to others struggling. I want to honor my husband’s generous nature by organizing to give him some extra funds to help pay off our debt, and be able to afford the medical bills of birth, the needs of a new baby, baby sitter, and the extra car we will need to get the baby to and from said baby sitter.
I look at our life and know that we are lucky. We have each other. We have a healthy baby on the way, we have jobs, and we have a future. We are not the kind of get beat down. We will always get back up, and try harder. However, at our current rate, we will be in debt til past our 40’s. We have all the knowledge of how to manage money, but debt will keep up in bondage well past the important saving years for our future. We want to be debt free as soon as possible, be able to save for emergencies, be able to save for college tuition for our own child, and help others.
Please consider investing in our future and our desire to give back.