Guest Posts

Budgeting for the Win

03.06.2013
budget

The following is a guest post.  The word “budget” can make some people cringe, but it doesn’t have to be looked at like a chore.  Budgeting can be a tool to achieve the fun things in life.  If you can make a realistic budget and stick to it, you will have more control over your present and future. Record Everything Before you start tackling putting your budget on paper, you may want to start tracking your income and expenditures so you have some idea of where your money is going right now.  For example, you probably wouldn’t want to find [...]

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5 ways to get rid of credit card debt

02.24.2013
canada debt consolidation

The average credit card debt of a US household is over $15,000. That is a lot of money! Our neighbor to the north is in even worse shape in that an average Canadian household owes nearly $27,000 in credit card debt.  Credit card debt can become an overwhelming problem if you don’t take care of it early because of the high interest rate. It’s best to avoid credit card debt so you don’t build up a balance, but if you already owe money, then here are 5 ways to get rid of your credit card debt. Don’t just pay the [...]

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Debt Counters are good deterrents

02.17.2013

I feel so lucky that we don’t have any consumer debt. It’s not all luck though because we have always been frugal and avoided spending money we don’t have. One thing that’s fascinating to me is those mesmerizing debt counters. It’s crazy to see people rack up so much debt every few seconds. It’s a good deterrent for me to avoid any new debt. Unfortunately, we still have a mortgage so we are a part of the counter for now. We are making extra payments every month, but it will still take 15 more years to pay off. One day we will be debt [...]

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3 Simple Ways to Find Money to Pay Down Your Debts

02.13.2013
pay down debt

Retiring early is a dream of many.  However, one of the keys to being able to retire early is to limit expenses and get rid of debt.  Once someone is debt free, he can get by with a lot less money.  When people make the commitment to pay down debt, they often make tremendous progress in the beginning. They start by selling things and funneling any extra money on the debt.  However, as is frequently the case, after a few months the debt repayment slows down because there aren’t any more things to sell and all of the extra money [...]

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