When you start to consider paying off your debt and living debt free, a lot of thoughts flood your mind. There’s a lot to think about! You’ve got to lower expenses and make more money. You’ve got to prioritize debt repayment. You’ve got to make a few sacrifices. You may have to change your life…. Read more
I hate my mortgage. I hate my mortgage because it is over $1,000 a month for principal, insurance and taxes. Because I am saving 10% of my pre-tax dollars from my salary, my paychecks equal about the amount of my monthly mortgage payment. Every month, one whole paycheck goes to this nasty, hungry, giant awful… Read more
When you’re paying off debt, it is ESSENTIAL to reduce your expenses. As I explain in the interview with CNBC, one of my strategies for paying off my student loan debt was to keep my expenses low. I carried my own coffee, water, and snacks everywhere so I would not be tempted to make impulse… Read more
That’s me! And for anyone interested in seeing how I built those monster payments, you can check out the archive of Payment Day posts, where I break it down and reveal my numbers.
This blog post is part of the Pay Down My Debt (PDMD) blog tour, sponsored by US Equity Advantage. PDMD is a solution that accelerates debt payoff and helps consumers monitor their credit and make smarter purchasing decisions. If you’re looking to pay off debt find out how they can help. I’m facing a… Read more