Does the title of this post seem odd to you? I’m actually admitting that I make mistakes… but did I learn from them? Yes I have blemishes and I hope from my mistakes, you will learn.
Let me paint a picture of how this all happened. Both Melissa (my wife) and I graduated college and become officers in the U.S. Army. Starting out as Second Lieutenants wasn’t alot of money (it is now), but we had little bills and a steady income. About 18 to 24 months later we both became First Lieutenants with some nice pay jumps. Sounds good so far right?
Well we loved going out to eat, didn’t save a penny and then decided to buy a house. Not too bad, I’ll give you more details:
1. Going Out To Eat
We love food and going out to eat was easier than making it at home. No cleanup, no cooking and then enjoy the rest of the evening. We spent so much on our credit cards just for this it was amazing. If your credit card does the end of the year rollup by category on what you spent, get it. I don’t remember the dollar figure, but it was large. BUT, we could afford it. Yet it affected #2 below… Continue reading