The Best Personal Finance Content for Middle Incomes

Home Posts Tagged "debt"



You’re More Than Your Debt

When people discuss debt, it’s usually referenced as some sort of personal failing. Like, why can’t you pay off your debt? It’s easy. Make money, pay off your debt. Duh.

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How We Paid Off $58,704 in 24 Months

The first thing we had to do, once I added up all the debt, once I had my UGH-Sick-and-Tired Moment, we had to get real with our spending. So, I needed to see where exactly all this money had gone. We don’t live in the lap of luxury. Yeah, we have a flat screen television. The couch behind me? Bought that secondhand. Fancy car in the driveway? Nah, at the time we were driving an ’07 Honda Odyssey minivan. We really didn’t have anything to show for the almost-$60,000 in debt that we in fact had.

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The Debt Bonfire Method

I prefer the hybrid method of the debt bonfire, because I want to utilize every available method and take advantage of the best aspects of each one. If you find yourself making exceptions to the debt snowball or debt avalanche method, maybe it’s time to admit that you should be creating your own plan too!

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Ditching Debt, Living Frugally, and Building Wealth [Explicit]

Those were the kind of decisions that I then started to make as I realized that this debt is gonna be gone: what now, where do I go with my life after debt, what does that look like for me? And for me, it was really figuring out what success looks like for me, what things that I value, and why am I doing all of this? Now that the debt is paid off, what now?

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