Bondage | Enemy of Debt: Where Behavior Meets Reality

Life is so Beautiful, Why Waste it Shackled with Debt?

Written by Brad Chaffee on August 31, 2011 · 27 Comments

As I stared into the beautiful face of our newborn, Hannah Rose, at 7:29 a.m. on Tuesday morning, tears of joy streaked down my face. All I could think about — besides how lucky I am to be blessed with such a wonderful family — was just how beautiful life really is. Those who know me know my children are EVERYTHING to me, and I wouldn’t want to waste a single moment of it unable to take advantage of the complete happiness that being a dad brings. Just like with anything else that travels through the depths of my mind, [...] Read more »

Tags: beautiful life, Bondage, debt, Debt Elimination, interest, life, opportunity, overspending

Loans, Gifts, And Boundaries: How Loans And Gifts Create Bondage And Why Boundaries Are Important

Written by Brad Chaffee on July 14, 2009 · 6 Comments

I have recently been thinking about how loans, gifts, and the absence of boundaries affect relationships. Have you been in a situation where family or friends gave you a loan to help you get through a rough spot? Have you received multiple gifts from a loved one? On the other hand, have you given a loan, or tried to help out by giving a loved one a gift or gifts? I want to discuss with you today the cause and effect relationship that all of these scenarios create and why it is important to implement boundaries. When I Give A [...] Read more »

Tags: Bondage, Boundaries, gift giving, help, loans

Hello and welcome to Enemy of Debt! I founded EOD in April of 2008 in an effort to motivate and inspire financial discipline by focusing on behavior and truth. By teaching personal responsibility, debt free principles, and the importance of planning people can learn how to take control of their finances one step at a time. I want to help! :) My journey to debt freedom and financial independence began in January of 2008. We became sick and tired of living paycheck to paycheck and were finally mad enough to take action. At that time, we did not have any savings, knew very little about budgeting and were buried under $26,076.75 of debt. In the first two months we were able to throw together our very first emergency fund ever of $2,000. It took us only 18 more months to eliminate the retched debt from our lives and I can proudly say we never plan to borrow another dime ever again, for any reason.Read more