Hello everyone.I am a new fool. I am a mostly SAHM, but I do some occasional consulting. My husband and I were once carrying $40K in credit card debt. I'll pause now while you pick yourselves up off the floor.I started off with credit card debt when I was 18, and just got in the hole deeper and deeper. Approximately $10K of the debt was spent on vet costs for a very sick dog. I have no regrets on spending that money. However, the rest was pretty much just stupid.DH and I got our spending under control and paid off a chunck of the debt. When we were confident we had our spending under control, we refinanced our house and used some of the equity to pay off the credit cards.Whew! What a day that was... The day we no longer had credit card debt.Today we are building our emergency fund, our 9 month old's college fund, and our retirement fund. The emergency fund is our biggest priority. Thankfully, DH's company automatically contributes 8% to his retirement plan. It's not even a match, just a straight out contribution. Of course, the credit cards get paid every month.In some ways we are doing well with LBOM. However, we could be doing better. I have already learned a lot just by lurking on this board for awhile and reading the tips post. I look forward to learning more, and hopefully being able to share something useful myself.