I wanted to share some common mistakes people make with their personal finances. I am not picking on anyone, believe me, I have made most of these mistakes myself. And if you find yourself in a situation where you are being affected by these money mistakes, I’m hopeful you can look to my experiences for a little inspiration and hope. I’ve been there myself– I am a recovering money mistake-maker.
Only Cars with Car Payments have Car Payments
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 […]
The Truth about Debt and Car Payments
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 […]
Snowball Update: No More Car Payment!
Debt-Free Journey Previous balance paid: $16466 New balance paid: $19251 2011 to date debt paid: $3743 Total debt remaining= $55611 Another paycheck came and more debt was paid off. Something funny has happened ever since we got ourselves on a plan—we look forward to paying our bills! There is something empowering about writing a check […]
3 Reasons to Avoid Debt
Not only should we teach men to get out of debt but we should teach them likewise to stay out of debt. -Harold B. Lee Possibly the most difficult part about becoming debt-free is finding the desire to do it. It is a lifestyle– meaning you’re going to have to make some very difficult […]