As a kid, did you ever use a magnifying glass to fry a grasshopper on the sidewalk during a hot, sunny day? Well, that is the power of focus. Over a broad area, the sun provides light and warmth. But when harnessed through a small lens, it can fry a bug.
It’s All Downhill from Here
Debt Paid to date: $25,545 Debt Remaining to date: $24,774 When I started this blog, my intent was to share my personal get-out-of-debt story with others in order to inspire and demonstrate that they could do the same. I wanted to share the knowledge I have gained along the way as well as my own […]
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 Frugal Millionaire
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 […]
What Could You Do Without Debt?
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 […]
Cut Up Those Cards
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 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 […]
LDS Church News: Bondage of Debt
This article was originally written and published by the Church News and posted on June 11, 2011 at ldschurchnews.com. To view article in its entirety click here. Bondage of Debt Published: Saturday, June 11, 2011 In October 1929, the collapse of the U.S. stock market set in motion a national and worldwide economic downturn so […]
Don’t Be Broke, Avoid Payday Lenders
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 […]
Keys to Finding Financial Freedom
“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 […]