Category: Debt Elimination

Everyone who is struggling to get out of debt knows how hard it is. If you are looking for some support, advice, and motivation, Dave Ramsey is your man. During the 3 years it took us to get out of debt,...

One of the best tips for digging out from under a mountain of debt is to get a bigger shovel. Outside of finding deep meaningful motivation for getting out of debt, increasing the amount of money you put towards debt each...

I have admitted it before, The Rockette have never lived on a formal budget. The closest we come to real budgeting is what I label retroactive budgeting. This is when you come up with reasonable spending amount for the different categories...

  If you are interested in a modern graphical version of a debt calculator, check out this free graphical debt reduction calculator.  We will be adding features as the feedback rolls in, so feel free to check it out and leave...

Often, a huge part of getting out debt and achieving financial security is removing the option of purchasing with payments and credit from our brains. See, payments set you up to stay in debt and spend more then you can afford....

This is the second post in the principles in action series that will illuminate a practical application of a positive life principal. The first in the series addressed treating others like they have value. The advertisement @ the Clever Dude was...

Previously I shared how we paid off our $15,000 car loan and were able to pay cash for two more cars in the following years. As I thought back through our story, I was left asking myself “Was it worth it?”....

Last post we talked about changing the way we talk about car loan debt, now let’s talk about avoiding the debt in the first place. The picture to the right is the car we own today. Ok, ours is just a...

This is a guest from George Powell, editor of the independent financial portal Financial Web(other links in post). With so many individuals and families mired in debt (and sinking ever deeper as the days pass), it’s easy to see how the...

The 104th Carnival of Debt Reduction – Digging Out Edition Getting out of debt requires intense personal action on our part. Sometimes we like to try and dig our way out of debt by using a small shovel, but the best...