Six Figure Debt

The wife and I are currently stockpiling money to pay debt but we have a small problem on the horizon.  In a few months our lease will expire on one of our cars.  Because we are following the Dave Ramsey model, we are adamant that we will not finance another car, instead we expect to […]

Things are rocking along at our jobs, my wife loves being back in the classroom and I certainly don’t mind working in my field. However, the slowdown in the economy has forced us to delay some CC debt repayment so we can invest in our small business.Our Chase CC has approached us with a settlement. […]

I haven’t written on this site in a while because frankly our financial situation is so depressing that I didn’t even want to acknowledge it all all, it was much less painful to bury my head in the sand and forget about the turmoil in our financial life. However, things are looking up in a […]

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 […]

My taxes were finished today and we were delighted to hear that we will get almost $15,000 back from the Federal government.  This doesn’t include the $1,800 we will receive as part of Bush’s economic stimulus package.
 We got the generous return because of the losses we suffered in the sale of two houses in 2007.  […]

This is a great post by Trent at “The Simple Dollar.”
The post speaks to bigger issues in our lives.  It is about celebrating what we have and not what we owe. 
I admire Trent and think he is a guy who really knows what is important in our daily lives.
Even though most of us are under […]

–This is an excellant post @ The Simple Dollar about getting yourself prepared to go back to work.  Face it, nobody wanted this day to arrive but the holiday’s are over and some may need a plan to get motivated.
–@ Get Rich Slowly examines it’s most popular posts of 2007.  Browse through the posts, I […]

Today is the day that most Americans wake up with a feeling of dread wondering “how am I going to pay for Christmas?”  Not me today.  We managed to provide a great Christmas for the kids without swiping the credit card once, we paid cash for everything.
Here is how we did it.
1.  We never shopped […]

I found this article surfing the web and it made great sense.  During this holiday season, why resolve to go on a “money diet” in 2008.
This is the time of year that many of us tend to indulge. We want to have our special holiday butter cake along with every treat that ends up at […]

Our debt reduction plans took a small hit this week as we were hit with $300. in unexpected medical bills.  It isn’t anything we can’t handle but it put a serious crimp in our debt repayment this month.  Looks like the minimum payments for at least one of the three credit cards.  We will still […]