Over the weekend, we paid off my engagement ring and wedding band! Now, we’re one step closer to being debt free :) HOORAY!! It’s a small, yet significant victory for our little family :)
First and foremost – I am going to talk about something that you’re not supposed to talk about. Finances. I will not give specifics, but if this makes you uncomfortable in any way, feel free to stop reading now.
In recent weeks, I’ve had conversations with some of my close friends about finances. It’s no secret that I really want to own a house. It’s also no secret that I’m up to my ears in student loan debt. We are also tithers, so a good portion of our income goes to church (this is not a complaint – we’re very proud of our ability to do this). With this and other financial obligations, we’re a ways away from homeownership. But I figured out that my unhappiness stems not from being a renter, but from comparing myself to others. So I’m just going to stop that.
In further inappropriate financial news, we did our taxes today! We are getting a good sized return that will allow us to pay off my engagement and wedding rings (because I just HAD to have the giant ones), our entire trip to Vegas (we gave ourselves $XX per day, and every day is covered) and also make a good deposit into our savings account. WHOO HOO! And as a word to the wise: if you’re married, do your taxes twice – once as married filing jointly, and once as married filing separately. For us, the difference was $1,000! Awesome.
You are all well aware of my love of travel. I even have a page dedicated on this blog to my bucket list of places to visit.
You are also well aware of my affinity for stealing blog posts from my friend Cheryl. I’ve said it once and I’ll say it again – she is a genius, I love her posts and hence why I rip them off. She also has a rockstar hubby of whom she is very proud – I can totally relate, and I love hearing their stories.
Not too long ago, Cheryl shared about an awesome credit card offer from Southwest Airlines, wherein you would receive 50,000 Rapid Rewards points just for signing up and making your first purchase. Naturally, I searched and searched online for this offer, but never found it. I was sad. Until yesterday.
Yesterday, an ad for that exact card arrived in our mailbox! I instantly took it to Chad and said “Can we PLEASE apply for this? Two free flights! We can cancel it after the flights if you don’t want to keep the card, but let’s at least go see your parents for free first!” He was all in. So that’s what we did!
Also, as I’m sure you’re aware, Bank of America is now going to charge $5/month for using your debit card. That’s $60/year or $120/couple. Chad was ENRAGED by this. He suggested we get a credit card with points that apply to all airlines, so that we could put all of our purchases every month on it and then pay it in full at the end of the month, just to stick it to BOA. Like the nerd that I am, I researched which credit cards had the lowest interest and best travel rewards – BOOM. Capital One Venture Card. We were approved for the lowest possible interest rate and a very nice limit. YAY for more free flights!
Now don’t get me wrong – I am NOT advocating for the use of credit cards. If you know me at all, you know that the idea of debt makes me break out into hives and credit cards get no use in our house. We are simply substituting our debit cards for credit cards as to gain access to free flights – there will be no exceeding our income level! Responsibility – and OCD tendencies – are key.