My Tango with a Timeshare Continues
- Created on 15 February 2015
I wrote this post a few years ago and finally found it! In response to a Facebook question about The 5 Worst Financial Tips I've Followed (So Far), I'm sharing this give further details about my Tango with a Timeshare.
In my previous post - Tango with a Timeshare, I outlined the timeshare process and my unreasonable fascination with attending timeshare presentations. I’m not proud. This time I want to talk you out of buying timeshares or at least provide alternatives to free yourself if you’ve already taken the plunge.
Personally, I’ve had a so-so experience with the timeshare industry. I love to travel and do travel often. I also love to bring along guests. So the larger accommodations have come in handy. Seven years later, if I had it to do all over again, I would have taken my free excursion and run. When you decide to tango with a timeshare, you can expect the following:
The 5 Worst Financial Tips I've Followed (So Far)
- Created on 11 February 2015
I don’t believe any of the advice given was done out of ill will. People mean well. Sure they do.
However, when we know better - we can do better.
I’m reflecting on some particularly unhelpful financial advice that I’ve received (or concocted) and followed. When accepting advice, it’s important to consider the source – well meaning, loving people can be the source of horrible advice. Following bad financial advice can set you back a decade or more and take a bite out of your ability to build wealth.
Improving your financial literacy will help you discern the good from the well-intentioned, but awful advice.
Negotiate Away Bad Debt on Credit Reports
- Created on 09 February 2015
"[W]hat do you do to eliminate debt that went into collection years ago?"
This was a recent question on Facebook about addressing a past debt on a credit report. The bad debt was definitely impacting the poster's credit score and potentially hindering progress toward purchasing a new home. Now that #teamdebtfree is focusing on fixing finances and cleaning up credit, there may be old debts hanging out like a bad habit. Cleaning up your credit is not hard, but does take time.
Gather your patience…and proceed.
Keeping Valentine's Day Frugal and Fabulous
- Created on 05 February 2015
Short answer ... of course you can.
How you celebrate, if your status is single, is an interesting question. We tackled this and other topics with Tiffany Aliche, the Budgetnista and best selling author of the 1 Week Budget, in our Valentine's Day - Keep It Frugal and Fabulous podcast (below).
Whether you're single, dating, or married; Valentine's Day can be acknowledged without burning a hole in your budget.
Tiffany offered unique suggestions to keep this time frugal, yet fun and fabulous. This podcast first ran in 2013. However, the topic is still relevant and the ideas are some of the best I've come across since. This is GOOD STUFF!
5 Ways Couples Commit Financial Infidelity on BMWK
- Created on 02 February 2015
80% of marriages dissolve due to money fights and/or related troubles. Obtaining financial peace within your relationship should be a priority.
Clear communication and integrity within a marriage are key skills to maintaining a strong union. I would also submit that financial fidelity between couples is essential to achieve marital bliss.
Conquering 6 Figure Debt
- Created on 30 January 2015
The New Year New You 2015 series was designed to immerse you in a month's worth of stories all about dumping debt. Eliminating debt can be long, lonely journey. It's good to know that you're not alone.
It's fitting we end the New Year New You series with a bang. That's exactly what Demetrius and Karla Davis did when they decided to attack a 6 figure debt balance with gusto. This couple put their heads together and created a brighter financial future.
They help us end the series on a high note with a heroic tale of conquering debt. Be inspired!
Get Uncomfortable to be Debt Free
- Created on 29 January 2015
Jessi Fearon has been actively working to dump debt since early 2013. She's started the popular blog, The Budget Mama, to help share her real life tips for living on a budget. However, blogging also helps keep her accountable.
Jessi is sharing her in-progress debt free story for today's New Year New You profile.
As she puts it, getting out of debt requires a lifestyle change. Sometimes that change is uncomfortable - in the near term. As you can read from the other profiles in this series, a bit of discomfort is worth the end result.