With 2006 quickly coming to a close, I look back and feel pretty good. I started the year with a real focus to work on lowering my credit card debt which was working out quite well until we moved in the spring. It was a fairly quick move and so we had to use our credit cards to keep us going until things settled down and as you can imagine my hard work went out the window.

All is not lost however, we bought our first house when we moved which will be a huge tax advantage that I have never had before. A month or so ago my wife and I sat down and worked out our plan for the coming year which I am excited to get implemented. It is pretty aggressive, covering an emergency fund, paying off almost all of our credit cards, getting her vehicle almost all paid off and a few other things, which is why I’m calling it the year of my comeback.

I’m pretty bad about following budgets, but I think I can pull this off. It is certainly going to be an interesting year for us and I hope to learn a few things along the way to share.