If you were to ask people why they do not have any savings, you would likely here a multitude of excuses. You say reasons, I say excuses, and here’s why. If saving money was important to you, and not just a feel good line to help cover up your lack of priorities, you could save an emergency fund! Sure there might be things that pop up and make it harder, but those things happen to everybody. In Financial Peace University, Dave Ramsey uses an example to support the idea that if saving money was an emotional priority, you would in […] Read more »
My Journey to Financial Freedom | Part 2: The Climb
This is a guest post by my “virtual” friend Dena from Evolution You. I have admired her work for some time now, and am happy to be able to share this post with you here on EOD. It is truly inspirational! Be sure to subscribe to Evolution You so you can receive her awesome updates each week. Enjoy! Three years ago, I was nearly $60,000 in debt. I had a Bachelor’s degree that didn’t appear to be worth its weight in salt and a job that couldn’t cover a fraction of my monthly bills. I was terrified. Today, I am […] Read more »
My Journey to Financial Freedom | Part 1: The Fall
This is a guest post by my “virtual” friend Dena from Evolution You. I have admired her work for some time now, and am happy to be able to share this post with you here on EOD. It is truly inspirational! Be sure to subscribe to Evolution You so you can receive her awesome updates each week. Enjoy! Three years ago, I was nearly $60,000 in debt. I had a Bachelor’s degree that didn’t appear to be worth its weight in salt and a job that couldn’t cover a fraction of my monthly bills. I was terrified. Today, I am […] Read more »
Manage Your Money Week 3 – Death By 1000 Cuts
Welcome to week 3 of the Manage your Money Challenge! We’re half way through the month and I am excited to see how much these challenges seem to be helping you. We were down to only 9 participants last week but I am still so excited. Those 9 are really taking this budgeting stuff seriously, and the comments and openness have been so wonderful. Thank you so much for your participation! Let’s get to it, shall we? 🙂 This Weeks Prize Winners! (via Random.org) Financial Peace University DVD Lesson: Relating With Money – Michelle Dave Ramsey’s Financial Peace Junior – […] Read more »
I Love You…Like A Blogger – Top 10 Referring Blogs Edition
Hello, and welcome to Enemy of Debt. I just want to let you know that if there is any topic you want to see covered on this series please leave your thoughts in the comments section. I will do my very best to find 10 of the best posts on that topic. Now for a quick recap. This was a pretty good week for me. 😉 My Guest post on The Centsible Life – 7 Habits to Highly Effective Budgeting – appeared in the Wisebread roundup. 🙂 Manage Your Money Week 2: Teamwork, Accountability, and Kids Great Financial Advice From […] Read more »
Debt Free News From A Debt Free Reader #7
Hello everyone. Time for another Debt Free Friday!! Today we have with us the author of Debt Free Hispanic. Be sure to check out Fabian’s debt free call to the Dave Ramsey Show. It’s debt free calls like this that kept us motivated throughout our journey. As I’ve mentioned before those calls are why I wanted to start this series. Actually, it’s not the first time I tried putting something like this together. The first time I was a little too optimistic with what probably amounted to 10 or so readers. 😉 It was only my 5th post, but I […] Read more »
The Benefits Of Becoming A Minimalist Are Starting To Sink In
Hey everyone! Since yesterday’s post was so long, and I have two posts for you today, this one will be brief. I just wanted to talk about something that I have been thinking a lot about lately. GETTING RID OF STUFF! I have come to realize that you actually have more by owning less. Getting rid of stuff is almost as liberating as paying off debt. And of course, just like with our debt, it took us a while to realize that it needed to go. We have recently decided to put our house on the market. That’s right, if […] Read more »
That’s Right, The American Dream Is Not What It Used To Be!
Yesterday in a comment left on EOD, I was introduced to this website. I thought it looked interesting enough to share with all of you. Thanks Jude! The American dream is no longer about finding a 9-5 and doing what you hate in order to make it to that retirement utopia you’ve always been told about! Nope! It’s about doing what you love and loving what you do. It’s about using your passion and your strengths to enjoy your place in life—to make a difference. As this video points out; “The time is now to say YES to your success…what […] Read more »
Great Financial Advice From The In-Flight Safety Handbook
I know what your thinking. "How in the world can an in-flight safety handbook help me financially?" I want to focus today on one specific part of those instructions. Skip ahead to the part about securing your oxygen mask in case of changes in the cabin pressure. Now I know you're really confused, but bare with me. After hearing many stories of financial struggle, and dealing with the raw emotions that come with it, I want to discuss something that seems to be a pretty common issue among struggling families. I have received more than a dozen comments about this issue just over the past six months, so I finally decided to write about it. Read more »
Manage Your Money Week 2 – Teamwork, Accountability, and Kids
WOW! Out of the 44 that signed up, only 12 showed up, leaving 32 people MIA. That’s alright though, there is still a chance to redeem yourself. Don’t give up before you even start! How are you going to change things if you don’t do the work? I know it’s hard! I know you’re scared! I know you’re intimidated! But you have to make some changes, and you may as well start now. You are still welcome, and can win some prizes. Make the changes now! To the ones that showed up, and blew me away with their honesty and […] Read more »
I Love You…Like A Blogger – Yakezie Edition
Welcome, and Happy Sunday! Consider this new series to be a “best of” carnival of sorts. Every time I post the I Love You…Like a Blogger series, I will include the best 10 articles I read during the week. This week, I have decided to focus on blogs participating in the Yakezie Challenge. I am looking into having this become a regular weekly carnival, but we’ll see how things shape up! 😀 Yakezie Edition Some of you may know about the Yakezie Challenge, which was started by Sam from Financial Samurai, but for those that have not, it’s basically a […] Read more »
Book Review: Outstanding By John G. Miller
Hello everyone, Happy Friday! As you know I have been trying to put together this book review for a few weeks now. I have been very excited about sharing my thoughts on this magnificent book. Most of you will already know that I am a huge fan of John G. Miller’s work, and have talked about him more than once on this blog. He is the go to man when it comes to personal accountability, and personal accountability is what can give us the ability to resolve anything by asking the right questions. Today I am happy to announce that […] Read more »
EOD SHORT: Episode 1 – Behavior Meets Reality
One of the most common phrases that people use to validate wasting their money is that they “only live once”. Without getting into any theological and philosophical arguments, let’s just assume that statement is true. You only live once, so my question to you would be this. What are you waiting for? What does it mean to live life to the fullest? It’s obviously a relative statement, and would depend on what someone considers to be “living a full life“. What it means to you, could be far from what it means to me. For some people, it means constantly […] Read more »
Manage Your Money: Wants Versus Needs
Manage Your Money 2010 Budget Challenge! {{{{{{Trumpets Blaring}}}}}} I am very happy to announce that we currently have 40 people participating in this challenge, including myself. That is AWESOME! New sign ups will be permitted until midnight on Wednesday March 3rd. If you know any procrastinators out there that planned on joining you better let them know. 😀 Before I fill you in on the first challenge, I want to be sure everyone is clear on eligibility. In order to be eligible for the wonderful prizes that are available, YOU MUST, I repeat, YOU MUST participate in the comments […] Read more »