Our Budget Overview

Here is how things break down.  Hopefully seeing these hard numbers will help people understand that normal families can accomplish financial freedom as well!

We make $4,584.00 base pay and $1272.00 for our housing allowance.  We choose to live on base and our rent is $1,150 (includes utilities) therefore we receive $122 back each month making our take home pay roughly $4,032 (after taxes and such).

Our starting number is $4,032 for each month.

Expenses that are not debt are:

  • Cellphone 1 – $39.73
  • Cellphone 2 – $39.73
  • Internet – $44.99
  • Netflix – $15.37
  • Insurance – $149.82
  • Total expenses = 289.64

Our debts:

  • Personal loan – $449.56
  • Student loans – $202.36
  • Vehicle 1 – $350
  • Vehicle 2 – $350
  • Revolving debt – $125
  • Total debt = $1476.92

Phew.  So much debt!

Those two categories added together means that $1766.56 automatically comes out of our account each month leaving $2265.44

This is an improvement from a few years ago if you can believe that; we’ve since paid off THREE debts and have received a few pay increases.


Currently we are snowballing at least $750 a month into our debt automatically, but will randomly throw chunks as the month goes on.

We’re hoping that this blog keeps us in check so we can throw at least $1,000 additional toward our debt each month.

Now let’s high five since we just showed y’all our skeletons, that’s the appropriate thing to do, correct?

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Hi There! I'm Katrina and I’m married to the love of my life, William. Together we have the two precious little girls Elizabeth and Alodia. I'm so glad you're here!

8 thoughts on “Our Budget Overview”

    1. $1476.92 is the total of the automatic payments that go toward debt monthly. We pay that plus whatever is snowballed toward debt each month. I would say it’s the “minimum” but most of the debts are being overpaid automatically. 🙂


  1. We are trying to follow the Ramsey method to become debt free as well. I am so very excited for you guys! Debt is such a heavy burden. Thank you for your honesty! I am definitely looking forward to following your blog .


  2. Good luck katrina! $100K is a huge burden but I am here to encourage you to follow what Dave teaches and you will be out of debt in no time. When I started following Dave I was like you and had $104,616. It sucked to have the debt but getting out of it was one of the best decisions I ever made.

    Thank you and your spouse for your service.


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