Debt Freedom

Let's face it, everybody has been in debt at some time or other in their lives. Most people view debt as a bad thing. But, not all debts are bad, there is a distinction between bad debt and good debt. What is the difference? Well, a good debt is an investment debt that creates value in the future. For example, a student loan is a good debt because you're investing in education for your future. Another example: mortgage loan. When you take up a mortgage loan at the right time, you're owning a...Read Full Story

      American families have reached a debt of $2 trillion and this does not include housing payments. Many people in debt are looking for ways to help with their financial burdens and this is not a big surprise with today’s economy like it is. Due to the large number of new customers looking for relief, debt consolidation has become a very large industry. Debt consolidation has become a very popular choice when collection calls are being received every day. With the calls and the high...Read Full Story

I had a Jerry Maguire moment just now. Someone aquired about posting an ad on my blog and said I would once they pay. In other words, when they show me the money, i'll show everyone their ad. Then I got to thinking what I would do with the money, well I would save it and let it grow. Being Debt Free is awesome, I can just save the money I receive and not feel bad. WOW, I love life...I want more people to be where I am so that we can all scream... SHOW ME THE MOOONNNNNEEEEYYYYYYYYY...Read Full Story

My wife and I are going through the 7 Baby steps that Dave Ramsey teaches with Financial Peace University which are: $1,000 to start an Emergency Fund Pay off all debt using the Debt Snowball Three to six months of expenses in savings Invest 15 percent of household income into Roth IRAs and pre-tax retirement College funding for children Pay off home early Build wealth and give! Invest in mutual funds and real estate We are proud to say that we are on step #3. It's a hard step for us because...Read Full Story

A month ago I purchased a two night stay in San Antonio so I can do a getaway with my wife. I am actually here leading seminars at a conference. Well I paid for my hotel rooms a month ago using Priceline.com. I use priceline every time I have to reserve a hotel because I get the best deal for the best hotels. I never stay in a hotel that is lower than a 3* for more than $100. Anyways my wife and I are going to a San Antonio Spurs game on Sunday which by the way was paid for in cash. Debt Free...Read Full Story