Money Mistakes
Money Mistakes
Debt Free Living – Dave Ramsey’s Radio Show Yesterday
By debtcrun
The Dave Ramsey radio show I listened to yesterday had a 38 year old woman that yelled “We’re debt free!” for herself and her husband – an Air Force pilot, after clearing 25,000 worth of debt and now owns their house free and clear – worth $150,000. That figure was absolutely stunning.
Let that sink [...]
Subprime lenders – Subprime rates – Don’t Buy a Home Until You Can Afford It!
By debtcrun
Delaying Gratification Means Wait Until the Time is RIGHT -
Banks and financial institutions are lending at subprime rates to
borrowers that are high risk due to poor payment history, inadequate
earning power and less than 20% down payment. As you can read one story
about the impact of borrowing before you are ready on Yahoo! – Subprime [...]
Debt Free is the Goal But Dental Work Gets in the Way
By debtcrun
Debt Crunch Notes – I’m not very far into my “debt free” journey when I’ve hit another money glitch. Dental Work. I’m learning the hard way that putting of simple maintenance things like visits to the dentist cost more in the long run. A few weeks ago I realized that I was paying for [...]
Money, Cars and Loans – Learning How to Pay Cash for Cars
By debtcrun
Trent at The Simple Dollar offers up a new post on how to transition from staying in debt with car loans to paying cash for your next car. His post is straight forward and easy put into practice once we understand it works -
I’m learning that a great deal of our money issues and [...]
Committing and Giving Beyond Tithes – Family Budget vs. Church Budget
By debtcrun
Today on the Dave Ramsey radio show, he offered his opinion about giving above your tithes in the form of commiting to a church building program all the while trying to get out of debt.
His guidance? Pray about it – act on what God puts on your heart to do. I understood completely when [...]
Managing Money – Don’t Let a Warped Mindset Keep You Trapped in Debt
By debtcrun
Managing Money – A warped mindset will keep you in debt longer and cost you more just because you can’t see the BIG picture. Talking to a family member that stopped by yesterday – she is still paying on a personal loan that she took out three years ago on a car that she [...]
Millionaires and Wealth Cycles – Who’s Turn Is It Anyway?
By debtcrun
Money Monk shared a Loral Langemeier article from The Street that got me thinking. Mostly sarcastic thoughts – because I know how information marketers work. You only need a smigeon of success in SOMETHING – you write a book, get enough people to buy the book, then you do some keynote speaking, build a [...]
Stupid Mistakes – What is Really Stupid is to NOT Learn From Our Mistakes
By debtcrun
What actually is STUPID? Stupid mistakes happen when you knowingly do something that you KNOW will not work out for you in the long run. It is stupid to listen to the advice of others that have made the same mistakes and you believe it won’t turn out the same for you.
It is stupid [...]
Frugal Living – The Real Key
By debtcrun
Frugal Living – The Real Key by Steven Gillman When you think of frugal living, do you think it means being miserable, or giving up what you want? If so, you are thinking about it all wrong. Frugality is simply the practice of looking for the less expensive alternatives. Buy things for less, and [...]
Student Loans – Stupid, Stupid Mistakes
By debtcrun
Stupid. STUPID mistakes. Don’t bother to tell me they weren’t stupid mistakes. They are my mistakes and yep, stupid. How someone can be so smart and stupid at the same time is always a puzzle to me. (I’m talkin’ about myself here – bear with me…)
Seven years. Seven years ago, I made money [...]
