Time for an update on our debt snowball. We paid off my first Citibank card. What a relief! When we started Dave Ramsey’s plan early last year, the balance on this card was around $10,000. Wow, just typing that amazes me that I actually was able to pay it off. I never thought I would [...]
Wow, it has been a long time since my last post. I figured it was about time for an update on our debt snowball. So here is a quick rundown: We bought my husband a new(er) car on May 31, 2011. We bought a 2007 Toyota Camry with less than 20K miles for around $13k-$14k. [...]
This is a guest post by Sophie Kinsella. Debt is a common problem for most Americans. Among all types of debts, credit card debt is most rampant. Credit card companies typically charge high interest rate, usually from 10% to 20%. If you are strapped with debt that you are unable to cope up, you [...]
When we first started our money management plan, we didn’t have a budget to show us where our money was going. We needed something that would help us keep track of our spending and our budget. We also needed something that we would both have easy access to. My husband has his own way of [...]
Dave Ramsey’s 7 Baby Steps
Mar 31
// So I thought I would start writing about our new money management goal. My husband’s financial life has always been influenced by Dave Ramsey. Since we married in September 2010, we have had our ups and downs on how to manage our money together. It took him a while, but my husband was able [...]
Tax time is right around the corner! Don’t wait until the last minute to file your tax return. I’m going to share with you some tax tips you don’t want to forget while preparing your return. Medical and Dental Expenses If you itemize your deductions, you may be able to deduct your medical and dental [...]
Money and Marriage
Mar 6
The number one cause of divorce is due to financial disagreements. Money. It can ruin your marriage. A lot of couples forget about the importance of sitting down and discussing finances before walking down the aisle. After the honeymoon stage, when reality starts to set in, couples start to feel the effects of not [...]
How you think about money is the single most important factor that determines whether you are wealthy or not. So, if you want more money in your life it is essential that you develop a positive money mindset. Creating that positive money mindset will help you create the wealth you desire and deserve. Money is [...]