rip off | Enemy of Debt: Where Behavior Meets Reality

Refund Anticipation Loans Are For Dummies

Written by Brad Chaffee on January 26, 2011 · 6 Comments

Have you ever paid the outrageous cost associated with getting a Refund Anticipation Loan? Guess what? I have been that dummy! (Get ready! I’m feeling…ummm…in-your-face today.) I’ve been a dummy more times than I’d like to admit, and while we’re all being honest — so have you. I guess the question is this. Are you going to do something dumb *this year* when filing your taxes? If you have done the refund anticipation loans before and do not see a problem with them, let me ask you this? Do you realize that you are giving money away for nothing? I [...] Read more »

Tags: 2011, fees, H&R Block, pay off debt, personal finance, rapid refund, refund anticipation loan, rip off, save money, tax refund, tax return, taxes, Turbo Tax

My Beef With Rich Dad Poor Dad Author Robert Kiyosaki!

Written by Brad Chaffee on April 21, 2010 · 111 Comments

Ever heard of Rich Dad Poor Dad? I have to start by admitting that I used to like Robert Kiyosaki. In fact, one of the very first books on finance and money that I ever read was his first one called Rich Dad Poor Dad. That book, to it’s credit, did change the way I looked at money, but it also reinforced the acceptance of debt in order to prosper, which by now I believe is not only nonsense, but horrible financial advice. The best part of that book was reading about and understanding the difference between how rich and [...] Read more »

Tags: get rich quick, review, Rich Dad Poor Dad, rip off, Robert Kiyosaki, scam

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

Refund Anticipation Loans Are For Dummies

My Beef With Rich Dad Poor Dad Author Robert Kiyosaki!

The Path to Debt Freedom Starts Right Now!

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