Do you ever feel like you just don’t want to look at your bank account because you don’t want to know how much is actually there? Ever dread getting a paycheck, because you know every dollar of it will be spent the same day paying bills?
This might surprise some of you (and by some of you, I mean the one or two people who have actually read this thing), but for several years I worked as a collector for a local utility company. If you think about it hard enough you might be able to figure it out– I’ll give you a hint… it heats your house and gives you hot water.
If you are going to get out of debt and stay out of debt, then you better become really good at budgeting. Budgeting is essential to winning financially and the key component to an efficient personal financial plan. An effective way to help you and your household stay within the budget is utilizing the envelope […]
Since I began my journey to live debt-free, I’ve come across a whole lot of naysayers who seem to think my new perspective on money and debt is flawed. People are always trying to influence me and debate with me on why I should be in debt, or why it is ok to go into […]
I’m sure many of you have already seen this SNL skit. I just came across it today and thought it would be appropriate to share. It’s pretty funny. Although its a joke, its actually pretty good advice! SNL-dont buy stuff you cant afford from Dean Francis on Vimeo. If you need help getting out […]
I’ve emphasized the importance of reading quality books, specifically regarding money and finance, and always learning as much as we can on the subject. Becoming competent in the area of personal finance and always being determined to improve our financial literacy is important when striving for financial independence. If you haven’t already, I highly recommend […]
But before ye seek for riches, seek ye for the kingdom of God… And after ye have obtained a hope in Christ ye shall obtain riches, if ye seek them; and ye will seek them for the intent to good—to clothe the naked, and to feed the hungry, and to liberate the captive, and […]
A major factor in achieving financial independence and converting your life into one that is free of debt is learning to live on less than you make. Mastering this skill is difficult and it requires discipline, planning and budgeting, and the ability to say NO to that voice inside your head screaming “I want that!” […]
The first step, and the most important factor in debt elimination, is a firm commitment to reject debt… This change in attitude is not subtle or gradual but rather resembles the flip of a switch—it’s a resolute determination to make a clean break from the culturally accepted addiction to debt. –Luke V. Erickson […]
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 […]