HOW WE PAID OFF $41,300 IN 2018
Things don’t happen TO you, They happen FOR you – Anonymous
Things don’t happen TO you, They happen FOR you – Anonymous
“We do not have to become heroes overnight, just a step at a time, meeting each thing that comes up, discovering we have the strength to stare it down” – Eleanor Roosevelt
“It always seems impossible, until it’s done.” -Nelson Mandela
“Only I can change my life. No one can do it for me.” – Carol Burnett
“Empty pockets never held anyone back. Only empty heads and empty hearts can do that” – Norman Vincent Peale
“By failing to plan you’re planning to fail” – Benjamin Franklin
This week we have an awesome post by James who is a finance blogger and writes about personal finance tips and everything about money management over at BasicFinanceCare.com Do you have debts hanging over your head and making you awake all night? “Debt-free” is one of the things that are added in the New Year resolutions for most of us. As it is a task that … Read More
When the world says, “Give up,” Hope whispers, “Try it one more time.” ~Author Unknown
“I believe that through knowledge and discipline, financial peace is possible for all of us” – Dave Ramsey
The rich rule over the poor, and the borrower is slave to the lender. – Prov 22:7 We’re 6 months into our Debt Free Journey and here are our snapshots August’s total debts came out to $120,686, it actually went up from July’s total of $120,099.64, due to losing momentum and succumbing to pressures of spending once again. Needless to say, we had charged up one … Read More
“You can’t be in debt and win. It doesn’t work.” Dave Ramsey We’re 3 months into our Debt Free Journey and here are our snapshots Our previous month’s total debts were at $120,452, this month it’s down to $118,731, a decrease of $1,721. That doesn’t seem like a lot especially with our debt payment budget of $2,041, but it’s getting there. We can … Read More
Here’s the 2nd month snapshot of our Debt Free Journey. We initially had a total of $122,306 of combined debts since March 23; we are now down to $120,452 a net reduction of $1,854 (personal loan numbers aren’t shown in mint snapshot since it’s from the bank of Mom). Mar 2017 Apr 2017 Here’s a snapshot … Read More
Since I got mad with my debt situation I started to imagine what it would be like to be without debt. What would it be like for my family, or any family, to enjoy financial independence, instead of throwing away hard earned money in paying the big banks and credit card companies? Part of that introspection led me to come up with five tips on how myself … Read More
DEFINITION According to Merriam Webster’s definition, DEBT is an ‘Obligation’ or something ‘Owed’. It’s an oversimplified definition that in today’s world has lost its true meaning due to big business’ efforts in the last 60 years to make it mainstream, acceptable and ‘normal’. People don’t realize that debt is really an ‘obligation’ that in most cases turn into a great burden. You can’t turn … Read More
When people with money meet people with experience, they end up with your money and you end up with experience – Anonymous Ever since embarking on this journey, i naturally had to research a whole lot of money matters, which i should’ve done at the front end of my working career, but enough said 🙂 Now that i’m in this hole, i can safely say that i discovered and … Read More
WHAT DEBT BUSTING TOOL? What’s the BEST and ONLY tool we can use to get out of debt and have financial security? It’s none other than our INCOME. If it’s tied up with paying down debt, then it will endanger our future and whatever hopes and dreams we may have of enjoying life down the road. I’ve written about some of the steps we took as … Read More
DAY 1 WAS TO FINALLY PLAN HOW WE WERE GOING TO START We quickly leveraged all the FREE online tools to manage money. Decided to use mint to keep track of our money. Committed to creating and sticking to our budget, for budgeting we used everydollar (the free version) online app, due to ease of use. Our total debt to start was $124,695 (including personal loans with the bank … Read More
TIPPING POINT Okay, so first off, I hate to admit, but I’m drowning in debt, $124K plus worth, $111K plus of it in credit card, student, and car loans; and a $13K personal loan from my Mom 🙁 It was a sobering moment after I downloaded the CreditKarma app as it showed me just exactly how deep we were. The first reaction was RAGE, then despair set … Read More