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This is really hard for me to wrap my head around, but we are pausing our debt payoff journey for the month of June.  I feel a little guilty and disappointed, but I know it is for the best.  We are not contributing anything extra to debt for June, but instead, are paying for some home improvement projects.

Here is a little background: Two hours after we arrived home from vacation this past weekend, I noticed a burning smell in the basement stairwell.  The circuit breaker box was hot and something was definitely burning in there.  We immediately turned off the whole breaker, and power to the entire house, and called an electrician.  On Memorial Day Weekend.  Think about that expense for a little will ya.  We found quite a few breakers that were burned and melted – one had about a quarter of it burned away!  The electrician was able to get power back to part of our home that day, but discovered that our panel was installed incorrectly – something that we had replaced 2-3 years ago.  So, it’s been phone calls with the original company and our homeowner’s insurance company to try and sort out this whole mess, while trying to keep the expenses in check.

We’ve had to eat the costs for the electrician visit on Memorial Day weekend – which were pretty pricey!  The company replaced the circuit breaker box without charge, but there were a few other things we added on to increase the safety.  That being said, we’ve pretty much eaten up all of the money we were going to put toward the car loan in June on resolving our electrical issue.  It really stinks!  BUT the work needed to be done and we didn’t go further in debt to pay for it.  In the grand scheme of things, it’s only a month that we’ve lost, but it’s irritating.

I know there are ups and downs on debt payoff journeys, but this is really our first major setback.  I am looking forward to getting back on track in July, and hope that nothing else pops up that pushes us back even further.  Hopefully I can find some more things to sell for a little bit of cash.  I have some time off in June that will allow me to cook up some freezer meals and hopefully come in under budget with groceries.  I can scrutinize the budget even more to see if we can cut back anywhere (although we run pretty lean).  And, just move on.

How do you deal with not meeting your financial goals during the month? Is there anything that helps you cope with that disappointing feeling?  Maybe just general words of encouragement?

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