Today is the day before Christmas and I am filled with hope that next year will be a much better year for us. I am looking forward to 2012 because that is the year that we will be almost debt free. Yes, one of our major loans will be finished by December 2012 and we are doing the best we can to keep our financial status intact. 2011 has been a difficult year financially because of the economic regression, the U.S. recession and the calamities our country has encountered, and to be able to look forward to 2012 gives me hope.
Next year we will also be considering decisions with regard to our financial status, like there might be ways where we can cut off on our bills including credit card payments. We have been doing great and only using our credit cards for emergency purposes or much needed items that we need to buy. Since we are of very good credit standing, credit card companies are offering us balance transfer credit cards, which would allow us to transfer our balance from our existing credit card to a new one, at a much lower interest rate. I think it is a good enough deal to minimize our credit card debt.
I have been reading a lot of articles about money management and doing analysis on how we can pay off our debt early. I am very hopeful that it will not take long. We are working very hard and doing our best not to waste our hard-earned money and be on the road to financial freedom. Even though Christmastime means having to spend on so much, we were still able to stay within our budget and what I am really proud of was that we were still able to give to the victims of typhoon Sendong in Mindanao. And I think that is the true meaning of Christmas.