Six Figure Debt

Archive for the 'repayment' Category

06
Jan

5 ways we are reducing debt in 2009!

As we look for ways to dump frivolous expenses, we are exploring any and all avenue’s to reduce debt.  here are  ways to deduce debt and eliminate the credit cards.
1.  Stop using debt.  No more credit cards, stop borrowing.  We are strictly a cash only family from this point forward.  We have one credit card […]

04
Jan

Who killed the economy….MOM!?

I ran across this article in a Detroit Newspaperand it actually echoed some of my feelings regarding the current economic situation. 

“Many years ago — long before anyone started talking about a credit crisis — my mother stopped borrowing money, telling anyone who would listen that credit cards should be used “only in an emergency.”

I’ve long […]

20
May

Credit Card #1 AND car paid off!

I received my large tax return today and am proud to say that we paid off ONE of the credit cards today.  It was the card with the smallest balance, the balance was roughly $4,100.  I sent the payment today and the feeling of accomplishment is awesome.
In addition to the credit card pay off, I […]

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