Do you want to get out of Debt? Have you been trying to pay off what you owe, but keep getting hit with unexpected emergencies.
Keep reading – we have 9 things you can do to kill your debt. And several things you can start applying today.
How is Debt is Like Being in a Car Crash?
Have you ever come across an auto accident where a battered, bloody victim was walking around in a daze? Asked if he’s all right, he stutters, “Y-Yes, I’ll be fine.” Obviously hurt, in shock and needing immediate attention, he still refuses help. “I’m all right,” … Read more »
What does living below your means . . . mean? Does it mean a life of deprivation? Does it mean a life of constant coupon clipping, or a life of regularly saying, “We can’t afford it?”
Living below your means – something different.
Maybe it’s saying yes to your top priorities like paying off debt and building savings/retirement.OR, it’s saying, “I’d love to take a cruise, but this year we only have enough money for a driving vacation.” And then making it a fantastic, fun family memory.Maybe it’s saying, “I’m making great money right now, but this may not last, so we’re going to … Read more »
Accumulating debt has become a common occurrence in most families – but paying off debts, even on a low income has become an achievable goal for visitors to our website. If you are looking for ways to destroy debt forever, then this article will encourage, equip and empower you!
Debt Free on a Small Income. On an average household income of less than $45,000, we’ve avoided debt and been able to pay off our home mortgages in record time. To do it, we’ve used many of the methods described in this blog. Follow these 7 Steps and you could be debt free too!
Finding free tax help and filing your taxes doesn’t have to be expensive.
If you’re a lower-income family, just starting out after college, a senior, military or former military family, there are lots of options for getting your taxes filed for free or for almost nothing. We’re hoping that you’ll check out these three options and be able to save a boodle! We’ve personally used two of the three services, and Steve’s dad was a volunteer with the last one.
Filing your income tax return doesn’t have to be a taxing (or expensive) proposition.
Filing taxes is an annual ritual that most of … Read more »
Are you ready to learn about an amazingly easy budget tracking tool? It’s the most unexpected, simple and amazing key to an effective household budget ever!
We’ve got Budget Tracking secrets to help you become successful financially.
Lots of people talk about household budgets at the beginning of the year. With the holidays quickly fading in the rearview mirror, we’re motoring at full speed into a new year, full of optimism and powered by new resolutions. While some cruise down that road with apparent effortlessness, others will hit speed bumps or have collisions with unseen obstacles. The road to … Read more »
Can Frugal Living make a difference in how soon you retire or is it just a waste of time? We’re going to give you one example of the power of frugal living as it specifically pertains to how soon you can retire.
How Much Money Do You Need to Retire?
First, let’s calculate how much money you need to retire for a moment.
Most retirement planning projection systems don’t adequately show the impact of frugal living in retirement estimate calculations—probably for good reason. Most people aren’t frugal!
However, the average person has rarely been shown “The Power of Frugal Living” regarding retirement calculation below. … Read more »
If you’re building an emergency fund, you’ll want to set some savings goals based on the five-category examples in this article. We’ll give you ideas for emergency funds amounts and categories.
If you’re managing a budget and have extra money available each month, you’ll want to take note of our emergency fund examples.
We took several years to accumulate our 5 category Emergency Fund Savings account. We’ll tell you what the categories are, how much we saved and where we keep it (it’s in a special high-yield bank account).
Why Budget? We’ve got six reasons why you should overcome your budgeting problems! One of the top two New Year’s Resolutions is to get personal finances in order. Many folks want to get out of debt or set up a budget.
But too often this resolution is made, and then quickly abandoned.
We’ve heard it, we’ve seen it, and we’ve helped many families to overcome it.
Any effort you make to manage your money will immediately start producing positive dividends.
We’ve created a four-part series that covers the benefits and “How To’s” of setting up a realistic, workable and maintainable household … Read more »
I’m using your America’s Cheapest Family Budgeting System and love it. I really like how the budget system allows for a family to “save” in advance for purchases and designates money for different specific categories.
Here’s my Budgeting Issue
We are not in debt. but we use our credit card for every purchase. And then we pay our credit card every month, completely. I know this is not the “norm” for most people. We like this because we use fewer checks and we also receive cash back, … Read more »
Question: Would it be wiser to make extra payments to pay down a credit card that has a 0 percent interest rate with a somewhat large balance (around $6,000) or to make extra payments to pay down a credit card with a smaller balance (around $2,000) and 11 percent interest? I’m trying to decide which one to pay down on first. The card with 0 percent is for the life of the loan.
Answer- Here’s how you can eliminate your credit card debt:
It’s great that you want to pay off your credit cards. It’s one of the most rewarding financial goals you could ever … Read more »