A little wake up call

I was reading the Millionaire Mommy Next Door yesterday and loved the posting:

Want to Lose Weight, Reduce Debt, Increase Net Worth? Here's An Easy and Effective First Step

an excellent read if you have the time.

The first step, according to the blog, is to weigh yourself every day, because it makes a significant difference since you see any little weight gain. The writer then goes on to say that this is the same with your finances -- if you are checking up on them every day, they will go the way you plan them to.

Since this is a blog about my journey to financial freedom (and clearly, education on the way!) I am a little embarrassed to say that I have become pretty lax about my finances. And grateful that I read the post on the Millionaire Mommy when I did, so I take a better look at what we are doing.

I am down to my last "Bad Debt" credit card, which will be paid off on July 4th. I have savings set aside for when we make the move, along with "seed money" for real estate investment. That being said, I want to focus more closely on organizing my finances so that I can grow them more effectively.

Part of my weekend project will be to organize my finances better and more clearly. Paul has mentioned Quicken several times, so with the inspiration of the Millionaire Mommy, I will venture down that road to set it up. Another great website which I adore is www.mint.com which links all your accounts.

In other news, we decided to hold off on counter-bidding on the house that we submitted a verbal bid for, last Friday. The seller is anxious to sell (I would be too in this market) but the pricing does not work out at what she is looking for. We will watch the property for a month and see where it is, and if she is more willing to negotiate at that point.

We are going to continue to look at properties and go from there. I think that we will be able to close on a deal that makes sense before moving up there.

As a side note, last Friday I took a kitten home from the shelter (Adina -- Addie for short). Right now, both she and the older kitty (Pixie) are a bit sick. With a lots of love and their favorite foods, hopefully they will be back up and running shortly. It is now kitten season at the animal shelters!

Have a great weekend.