Total Debt Paid: $24,992 Total Debt Remaining: $51,984 Pay the debt thou hast contracted… Release thyself from bondage. (D&C 19:35). The snowball just isn’t moving as fast as it used to. But I’m not giving up on my goal of getting out of debt. If you are in debt and have found the […]
Today I heard a report on KSL Radio (Salt Lake City, Utah) regarding payday lenders. The report stated that in the state of Utah payday loan collections and claims make up 37% of all cases in Utah’s justice courts. So who are the people taking out these high interest quickie loans? And what are the […]
“If there is any one thing that will bring peace and contentment into the human heart, and into the family, it is to live within our means. –Heber J. Grant We’ve all heard the clichéd phrase “money can’t buy happiness.” Though having money does not lead directly to happiness, being in control of our finances […]
In a recent survey, a simple question was asked, “If you were to face a $2,000 unexpected expense in the next month, how would you get the funds you need?” Alarmingly, of those polled, nearly 50% responded that it would be unlikely that they could secure the funds. This study suggests that half of all […]
The Emergency Fund A major component to winning financially is having an emergency financial reserve available at all times. And NO, a credit card or home equity line of credit or a quick trip to the local pay-day lender is not considered a good plan for a financial reserve. Instead, these things will only perpetuate […]
I’ve mentioned in several of my posts the importance of getting on a budget and making a plan. The budget is a very powerful tool and the KEY to winning financially and getting you and your family out of debt.