Log In Sign Up

Best financial decision you ever made

Forum: Financial Planning and Budgeting


Welcome to the JustMommies Message Boards.

We pride ourselves on having the friendliest and most welcoming forums for moms and moms to be! Please take a moment and register for free so you can be a part of our growing community of mothers. If you have any problems registering please drop an email to [email protected].

Our community is moderated by our moderation team so you won't see spam or offensive messages posted on our forums. Each of our message boards is hosted by JustMommies hosts, whose names are listed at the top each board. We hope you find our message boards friendly, helpful, and fun to be on!

Like Tree2Likes
  • 2 Post By luvmygirls333

Reply Post New Topic
  Subscribe To Financial Planning and Budgeting LinkBack Topic Tools Search this Topic Display Modes
October 11th, 2011, 10:31 AM
JessP's Avatar Lovin life and family
Join Date: May 2009
Location: Washington
Posts: 22,034
Send a message via MSN to JessP Send a message via Yahoo to JessP
What was the best financial decision you ever made?
What prompted you to make it?

Thanks .:Shortcake:. for my great siggie

Reply With Quote
October 11th, 2011, 11:22 AM
Platinum Supermommy
Join Date: Oct 2006
Posts: 32,940
Tracking every penny we spend is the best decision we made! I started doing it because we had no clue how much we were really spending on things.

It got us on the right path, we paid off our debts and are now building our savings.
Reply With Quote
October 19th, 2011, 08:46 AM
Platinum Supermommy
Join Date: Aug 2005
Location: USA
Posts: 7,429
I don't think I could choose just one...budgeting monthly, paying off our debt, and closing all of our credit cards would be my top 3 though. By doing it all we have stayed out of debt 100% for a few years now and manage to put a decent amount into savings monthly.
Reply With Quote
October 20th, 2011, 12:39 PM
Happy Song's Avatar Nicole
Join Date: Jan 2010
Posts: 11,023
I did the same thing twice, I gave up the dream house I financially qualifed for for a house I can better afford. The second choice put us in a home morgage free.
Reply With Quote
October 20th, 2011, 01:29 PM
Mega Super Mommy
Join Date: Nov 2010
Posts: 3,972
Being smart with my inheritance. I used the little money I got to pay off all debts and its helped me stay debt free (aside from a mortgage we can truely afford).


Reply With Quote
October 20th, 2011, 02:22 PM
luvmygirls333's Avatar Super Mommy
Join Date: Jul 2009
Posts: 623
Finally deciding to live within our means and pay down debt. We used to put everything on the CC and just buy whatever we wanted, and paid the minimum balance every month (which was over $1000 at one point). It's been almost 2 years since we started budgeting and paying down the CC. We also stopped using it. We started off with 32K in debt, and now we are down to $3900 left to pay off.
magz88 and Moo Moo to 4 like this.
Reply With Quote
October 27th, 2011, 05:33 PM
HeavensMom's Avatar Mega Super Mommy
Join Date: Jan 2005
Location: Buckeye, AZ
Posts: 1,539
Wow PP, that's awesome! For us it was going to all cash. We never realized how much we were actually spending when we just had to swipe a card. Really helped us alot!
Real Estate sellin' mama to Heaven,Sadie,Maddie,Jordan and Cisco

From now until 2/29, donating HALF of all proceeds to Olly
Free giftcards?!? Swagbucks
Reply With Quote
November 4th, 2011, 01:52 PM
Platinum Supermommy
Join Date: Mar 2011
Posts: 8,598
I'm impressed by all of you! Once upon a time I had that financial security, now it's not the same. I'd say my best financial decision in my married life was to not go out to WA for a family (cousin) wedding when we knew it would be more than we could afford and put us further into debt, or prevent us from doing any house repairs for the year.
Reply With Quote
November 7th, 2011, 10:54 AM
joonzgurl's Avatar Proud mama of 2 girls
Join Date: Jul 2011
Location: Small Town, Alberta, Canada
Posts: 5,639
Our best financial decision would definately be to start living on a budget and be more careful with what we are spending, especially now since our family income has decreased.

Proud mama to:

Avery Elizabeth (08/27/2011) & Dawsyn Brielle (10/29/2013)
Reply With Quote
November 14th, 2011, 09:25 AM
frgsonmysox's Avatar Platinum Supermommy
Join Date: Feb 2005
Location: Offutt AFB, NE
Posts: 19,799
Send a message via AIM to frgsonmysox Send a message via MSN to frgsonmysox Send a message via Yahoo to frgsonmysox
Using Dave Ramsey as our guide to financial decisions.
~Beth~ Wife to my Airman Chris, and mommy to: Anthony Nathaniel (8/31/04), Anastasia Fae (8/01/06), Baby C (lost on 10/12/07), David Cillian (7/31/08), Charles George (4/29/10), and Alan Christopher (2/22/12)

My BLOG - A Day In The Life of a Freg (it's a little bit of everything!)
Reply With Quote
March 22nd, 2012, 07:05 PM
sugarloafbaby's Avatar Mega Super Mommy
Join Date: Oct 2009
Location: Ohio
Posts: 3,101
Hands down, the decision to become debt free! It has forced us to work together on our money and make a plan and most important of all, to stick with it!

Another thing would be buying a house way below what we can afford- our mortgage is less than 15% of our income thanks to a great rate, a decent down payment and low cost of living area!
Mommy to 2 girls , 6/26/10 & 12/31/11

Reply With Quote

Topic Tools Search this Topic
Search this Topic:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT -7. The time now is 04:51 AM.

Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0