I Think I'm On The Naughty List

Oh - it's so hard to blog when you've been bad!

I want to be gazelle - but the reality is that it's just not happening right now.

Every month I make up the budget. But I have been making a lot of extra money with my jewelry shop - and that extra money hasn't been going where it should. It has been slipping through the cracks. Lots of presents for the kids for Christmas and lots of clothes for me (I'm embarassed to admit).

I had great plans to put all the extra earnings into our new "Snowball Savings Account" (ING Direct). I had hoped that opening this account would inspire me to keep depositing every extra penny so I could watch it grow (and eventually, barring any major financial setbacks, using it to pay down our last debt).

Ugh.

I guess there'll be New Year's Resolutions (yuk!).

And my husband wants us to refinance - and include our last debt (home equity loan) in the refinance. This would technically have us being done with Baby Step 2 - which would be great - but somehow it feels like it would be cheating. I'm just not sure it's the right thing to do.

In any case, if we do refinance, it would be to a 15 year mortgage (we currently have 15 years left on a 20 year mortgage) and it would be at a lower interest rate (obviously) - just not sure about the equity loan. But I think we might have to because I don't think you can refiance if you have an equity loan outstanding - but I'm not really sure.

Anyway - so sorry that I haven't been around for all my blogging friends. I'm still here and I'll be here for the long haul. Hopefully I will be posting more often though.

Off to catch up on all of your blogs and all the Carnivals I have missed.

Hope you're all enjoying the Holiday Season! Hope to have better news in future posts!