Tom : I just paid off a nice chunk of my debt. Mark : Really. Tom : Yep, we paid off one of our credit cards! Mark : That’s great, how did you find the money? Tom : I used a...
Slashing the budget is one of the first tasks people usually tackle after they decide they want to get out out of debt. It is often a frustrating task, because of the stress of the debt and the lack of perspective...
The thing about debt is that our financial systems are setup to make it as easy as possible to spend money you don’t have. Your mailbox is littered with credit applications, and if you sign up at a store they give...
I am not sure many other finance terms inspire more fear than the word ‘BUDGET’. Ok, well maybe bankruptcy, foreclosure, and a few others, but you get the point. Some people even will physically squirm when they think about having to...
With the car breaking down on Sunday and still having a ton of work to do for the 149th Carnival of PF, I ended up only getting 8 hours of sleep on Sunday night. I can survive, and ten years ago...
“Symptom – A characteristic sign or indication of the existence of something else” Source Picture yourself driving down a familiar street. Out of the corner of your eye you see a huge nail in the road. You swerve, but only enough...
First things first, making bi-monthly payments on your mortgage WILL cut your mortgage repayment time down significantly. Using bi-monthly payments on a $200,000 mortgage at 6.0% you will have the mortgage paid off 6 years early and save about $50,000 in...
If you are in debt, you most likely know that access to your credit card is probably what got you there. If you are one of those people, just admit and live with it. It’s ok. Most of us have been...
For those of us who have a mountain of debt or a small income, the journey to get out of debt is a long process. Along the way it is easy to become bored, sidetracked, depressed, or even to give up....
Are you overwhelmed by the thought of trying to dig out of $15,000, $30,000, $60,000, or more of debt? Whenever the task at hand doesn’t seem possible, step back and divide the problem into small pieces that you can conquer. $25,000...
