Dumping Debt As a Family @ Enchanted Homeschooling Mom
- Created on 03 December 2014
I recently had a fabulous opportunity to talk about dumping debt (a favorite topic of choice) over at the Enchanted Homeschooling Mom blog. Jill is the author and creator of a home schooling, members only community designed to connect families with resources and support during their adventures with a non traditional educational approach. That community is growing and I was honored to share my thoughts on making debt elimination a family affair.
Pop over to find my 5 reasons families should and can attack debt together. The process is challenging enough. Having a team on the same page can smooth out the rough edges.
I also provide practical action items to make it happen. Leave a comment and let her know you stopped by!
The Winner Is... & 5 Tips to Keep Christmas Spending in Check
- Created on 01 December 2014
...all of us!!!
All who have committed to paying cash for Christmas spending and taking no new debt into 2015 that is. However the winner of our Pay Cash for Christmas $250 giveaway is...
Drum roll please...
Why I Skip Black Friday
- Created on 28 November 2014
My first – an only – experience with Black Friday shopping occurred circa 2003 after opening our Laundromat. We decided to replace a broken TV with a rock bottom priced, Black Friday sale find.
WonderMan determined that we would target a certain massive-box retailer, known for rolling things back.
As Black Friday neophytes, we had no idea that 6 am was when serious shoppers left the stores to go back home. By the time we arrived, total chaos had ensued. Of course, the 10 flat screens for $20 (exaggerating slightly) were already long gone.
No matter. We just checked out the remaining sales and selected a TV/DVD combo for around 80 bucks. That’s when chaos went ridiculous.
$80,000 in Student Loans Paid Off in 1 Year
- Created on 26 November 2014
Joe Mihalic was heading for lifestyle inflation after graduating from Harvard Business School with $101,000 in student loans. He found a great job and bought a home in Austin along with a couple of cars, a motorcycle, and a few other toys.
He was living the life!
He was also paying $1100 a month toward student loans.
One evening, Joe wrestled with that age-old question: is this really the life I want to live? What emerged was a new found sense of purpose, a blog highlighting his experience, and one mind-blowing challenge to dump $80,000 in less than 1 year.
5 Ways to Jumpstart College Readiness
- Created on 24 November 2014
We're all looking for ways to reduce college costs. This guest post by Aja McClanahan points out practical steps that should be considered. Learn more about Aja and her family's creative journey out of $100,000 worth of debt and into a mortgage free home.
Watching the CNN documentary, Ivory Towers, left a knot in my stomach. The frustration and hopelessness experienced by some of the students was so familiar. The film features students with hundreds of thousands of dollars in student loans and no real prospects for gainful employment. I remember being there so vividly. We are determined that our kids will have a different reality!
To this end, my husband and I are already thinking about higher education for our children, 5 and 9, right now. After research and practically walking out some strategies, I've come up with a list to help anyone jumpstart college planning.
Shayla Price Earned $100,000 in Scholarships for College
- Created on 22 November 2014
I love when Facebook is used constructively. Sure, there's a ton of mind candy, but one can also connect with a vibrant community of thoughtful intellectuals.
Not to boast, but #teamdebtfree continually impresses me with the quality of meaningful conversation and respectful yet passionate debate on a variety of personal finance topics. You're missing out if not plugged in.
One such conversation, inspired by our previous Midday Money Show guest - Aja McClanahan, was based on a CNN documentary. Ivory Tower explores whether the government should assist students struggling to repay massive student loan debt. That topic touched a nerve (a few nerves actually). What do you think?
Savvy Money Strategies for Single Moms
- Created on 20 November 2014
Emma Johnson is the founder of a community designed to encourage the professional single mother. Wealthy Single Mommy grew out of her own experience seeking support while raising two children and rebuilding after a divorce. She hosts a nationally syndicated radio show and is a regular contributor to national publications such as Forbes.
Emma is funny and upbeat, but she doesn't shy away from the tough topics. Whether she's taking on the institution of alimony or breaking down the financial aspects behind housework outsourcing, she's plain spoken and doesn't mince words. I love a passionate debate and appreciate her taking to time to encourage single moms.
I'm new to the parent party and working with a willing spouse is hard enough. My hat goes off to those doing an effective job as a single parent. Tune in to this episode of the Midday Money Show and enjoy Savvy Money Strategies for Single Moms.