We recently hit a roadblock in our path. This situation has made us slow down on our goal a little bit. We are still on track to become millionaires by the time we hit age 60. I know it’s boring, but we keep stashing money away in retirement accounts but slow and steady achieved that goal. Also, we took out a small loan to help cover our expenses during this time where our income is cut in half but also to continue to achieve our goals. I wonder if this happened to allow my spouse more time to focus on our website. Yes, we have debt and need cash to help pay the bills but at the same time we are on the right track.
I struggle with God a lot. I used to just say, “God will take care of it” and just keep saving away at life. But I’m realizing that I’ve made God into a crutch more than anything. It’s easier to blame someone else than take accountability. Maybe our misfortune is God pushing us into the right direction. Also, we are buying a few REITs to help to hit the big payday; I know it is a long shot, but it would be nice to hit millionaire status before 60.
Our debt
We are set to pay off a few of our debts in the next few months. We still have more than what we borrowed on the loan, but as we utilize and spend the money, I start feeling trapped and like I’m drowning. Yes, we have money in savings, and we have dramatically cut back on spending, which is helping. We are in survival mode and doing what we can to care for ourselves and our family. This is where we make use of the emergency fund, savings, and look at side jobs. We know we are going to get through this, we are just in the hard part waiting to come out the other side.