We're finding that it's almost impossible to reduce debt if we can't see what we're working on. It helps us to keep a list. New bills are added as they come in. This helps us keep everything neat and orderly. We add the information for each but still keep the paper copies. That way, if we need to refer to something on the full bill we're able to do so.
My husband likes to use an Excel spreadsheet. I'm more of a visual person that sometimes finds Excel hard to work with. A plain old paper and pencil works fine for me. We review everything periodically together. This gives me a better feel for where we are. Seeing the totals come down also gives me the reassurance to believe that we can reduce our debt. That's always a good feeling.
Keeping the bills organized provides a road map for us to follow. It helps us see where we are going and makes it easier to plot how to get there. Who knew that something so small could make such a huge difference?
I totally borrowed your idea and now have all my expenses in an excel spreadsheet. Thanks for the idea. I enjoy reading your blogs.
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