Personal Finance For Beginners: A Lesson From Oseola McCarty

Written by on June 28, 2010 · 23 Comments
OseolaMcCarty

So many people are intimidated by the concept of managing their money. It almost seems as if the very idea that we can be in control of our money is just a made up fairytale that only a few get lucky enough to take advantage of. Many believe that wealth is out of their reach and only something the top money earners get to experience. The myth is that you have to earn a lot to build wealth. I would like to introduce you to a woman who rejected that notion. Her name is Oseola McCarty, and she is a [...] Read more »

Tips on Keeping Your Car Insurance Rate

Written by on June 24, 2010 · 1 Comment
car insurance

This is a guest post from the folks at 21st Century Insurance. We are all required to have auto insurance, so it’s nice to know what we need to do in order to keep ourselves from spending more money than we have to. My favorite tip is the last one, mainly because I know I am guilty of assuming. In fact, when my insurance is set to renew I plan on asking for a better rate! Keep your Car Insurance rate where it belongs. If you’re like many of us, car insurance represents a big chunk of your household budget. [...] Read more »

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The Cold Hard Truth: Debt is STUPID and You Might Be Too!!

Written by on June 22, 2010 · 42 Comments
forest gump

Seriously…This is Where Behavior Meets Reality! Are you in debt up to your eyeballs and wondering how come you just can’t get ahead? This may surprise you since I do not know you, but I do know the answer. It’s real simple and really not a secret, especially here on Enemy of Debt. Wanna hear it? DEBT IS STUPID!! Plain and simple, and if you have debt then it could be said in all seriousness that you have been stupid too. The act of going into debt for ANYTHING is stupid, with the exception of mortgage and most of you [...] Read more »

Your Interview With Local Psychologist Dr. Matthew Bowen Part 3

Written by on June 17, 2010 · Leave a Comment

Okay so here we are. The third and final installment of my interview with Dr. Matthew Bowen. I hope it helps answer some of your questions and inspires you to take a more in depth look into your financial behaviors. Be sure to check out part one, and part two if you haven’t already. Thanks! I have been working on this interview with my Psychology of Money and Wealth Professor, Matthew Bowen, PhD, to take a deeper look into why we misbehave the way we do with money. He graduated in Berkeley, California in 1986 and is a licensed psychologist. [...] Read more »

Debt Free News From A Debt Free Reader #10

Written by on June 11, 2010 · 4 Comments
Debt Free News 10

Time again for another Debt Free Friday! This one comes from a friend of mine that I met on the FPU forums, and we’ve been friends ever since. In fact, she started out as one of my accountability buddies. We kept each other motivated throughout our debt free journeys. Golda has been an awesome friend to me during this time! Are you working on becoming debt free? Ever feel unmotivated to continue what you know you should in order to get your finances in order? Perhaps finding someone with the same goals and values as you would be beneficial. It [...] Read more »

Life is Like a Budget?

Written by on June 8, 2010 · 12 Comments
Budget of Life Capture

What if Forest Gump would have said, “Life is like a budget. if you have a plan you’ll have some idea of what you’re going to get“? Nothing is perfect, so I am not suggesting that just having a plan is enough. Plans go wrong, but that’s precisely what this post is about—treating your life like a budget when they do. Think of it like this. You have 24 hours in a day. In that 24 hour time you have to decide what you are doing and how long it will take you. If you spend more time on something [...] Read more »