My Debt Reduction Blog

Recently Zen Habits posted a 12 step get out of debt program, and while we’re not on it specifically, I’d say we’d be at step 5 if we were. We’ve Aknowledged the problem – We’ve enrolled in a debt management program Stop digging – We’ve stopped using credit cards and stopped playing the transfer around [...]

We don’t have a budget, at least not yet. I couldn’t tell you how much we spend on any particular expense in any given month. Cripes, I couldn’t even tell you how much income we have in a month. Sure, I could ballpark it pretty close, but we need an exact plan. So starting in [...]

Over the last couple of years we’ve been trying to cut expenses where ever possible. However, one that we’ve held on to was our $18.99/month Netflix account. I’ve wanted to cancel it, but watching movies is the only really form of entertainment we have. I’ve tried going to their lesser plans, but it seems as [...]

I get paid every other Friday, that means twice a year I receive 3 paychecks in a month and June was one of those months. I’ve aways considered this to be extra money(which I know is wrong). Even though we don’t have a budget, yet, we’ve based all our bill paying around me getting the [...]

Last night while eating supper we watched Maxed Out, a documentary on the sad state of American consumer debt, the giant banking companies and how they want to keep everyone in debt and our wonderful government who has no interest in protecting its people from these giants and their tactics. If you’re someone who is [...]

A few weeks ago, I installed a new toilet, not for any reason other than the old one had a leak somewhere and I could never really find out where. Since the new toilet has been installed, there hasn’t been a single issue, so I know replacing was the right choice. Recently, I was wondering [...]

Not that we’re in any position financially to buy a new house, but we are starting to think about what is important for us when we are ready to purchase. We are hoping to be ready to look seriously in about a year. Right now we are 5 people in an 1,100 square foot house [...]