Welcome to a new week! As you know, I am working on an idea I have regarding a reality series here on Enemy of Debt. I am completely overwhelmed by ALL OF YOU who are seriously interested and I’m super excited about the potential this idea has for a variety of reasons. Thank you for the enormous response I received from last week’s post! Here’s why I am so excited! Enemy of Debt will get some extra exposure, which will in turn lead to more people getting out of debt! 馃榾 The contestants will be motivated by their very real […] Read more 禄
Looking for 4-6 People Who Are DETERMINED to Pay off Debt in 2011!
Hi everyone! I have an idea — something never done before on a blog — as far as I know. Think of it as the collision of Enemy of Debt and Reality Television (without the television). A reality show blog style? YES! I’m working out the details as we speak, but first need to find 4-6 of the most determined, focused, and motivated people that have decided to pay off debt in 2011! ONLY SERIOUS people need apply! I am wanting to officially launch this by the end of February or March at the latest. Nine or ten months of […] Read more 禄
If You’re in Debt, STOP Fueling the Fire…and Win Some Money Too!
I know it seems extreme to cut up your credit cards for the greater good, but what you have been doing so far has got you where you are. Try something different. In any case, you can always go back to your old ways and rack up some more credit card debt -- though I wouldn't recommend it. You have nothing to lose except for your debt, high stress, living paycheck to paycheck, money fights, extreme frustration, bondage, depression, and poor finanial habits to name a few -- and that's right off the top of my head. There are plenty more! Read more 禄
Do You Suffer From (SAD) Stuff Attachment Disorder?
Photo Credit: paalia Have you made the smart resolution to work on becoming debt free in 2011? If so, congratulations! As many of you know, making the resolution is just the beginning. Resolutions are easy to make, but unfortunately they’re even easier to break. I’ve broken resolutions myself as I’m sure you have too. In the beginning, you’re pumped up about your decision to do whatever it is that you’ve decided to do, but once life, time constraints, and a lack of discipline get in the way, that motivation wanes and we find ourselves giving up on our desire to […] Read more 禄
What’s Your Debt Free Plan? Get Organized!
Photo Credit: banspy So it’s 2011 and you have decided to get out of debt. What next? Getting out of debt can be a very overwhelming undertaking especially when you have no idea where you actually stand. The truth, although sometimes ugly, shall set you free. Too many people — my former self included — simply avoid the truth and walk around ignoring the reality of their financial situations. I’ll just say what you probably already know. Ignoring reality doesn’t make it any less real and denial does more to hurt you than to help you. Once you’ve decided that […] Read more 禄
Shred Your Credit Card…Fa la la la la, la la la la!
What is in the air this holiday season? I am feeling especially festive right now so I decided to break the news in a little song. haha! Maybe I had way too much fun coming up with ‘Twas the Night Before Christmas! Then again, I could have had too much eggnog, but who cares. The important thing is that I’m sharing it with you. 馃槈 I was recently asked to be a part of something I couldn’t say no to. Actually it was more like I injured myself just trying to respond. Okay, I didn’t really injure myself but I […] Read more 禄
‘Twas the Night Before Christmas (In Debt Edition)
‘Twas the night before Christmas, when all through my mind Not a buck to my name, not a one I could find; My credit cards are maxed out; but I still need to flaunt’em. While I stand there and watch my finances hit bottom; The children were cozy all snug in their beds, Not a clue in the slightest of the danger ahead; Their beds could be repo’d, or even their pet, We borrowed for everything; and now we’re in debt. A reality check is in order but who will it be, to open my eyes and help me face […] Read more 禄
Debt Free News From A Debt Free Reader #19
Happy DEBT FREE FRIDAY everyone!! Christmas is almost here. Are you ready? Will your Christmas be a Debt Free Christmas in 2010? I know someone who will be having a debt free Christmas this year. Dave, the author of I Heart Money. He has a book about how to change your relationship with money so that you can pay off your debt and build assets! Regardless of how it sounds, if you are still in debt you can have a debt free Christmas. That’s right and it’s real simple too. Buy Christmas with money you have! If you use credit […] Read more 禄
Debt Snowball Method: Highest Interest Vs Lowest Balance
Photo Credit: walknboston Are you looking to pay your debt off by using the debt snowball method? In the personal finance world there are differing opinions as to which way to do this. It’s the great debate. Do you pay off the lowest balance first or start with the lowest interest rate? Personally, I believe that the debt snowball method you choose completely depends on your specific situation and attitude about your debt. If you need that extra push to stay motivated, it might be better for you to pay the debt with the lowest balance first. Psychologically, you will […] Read more 禄
Debt Free News From A Debt Free Reader #18
If you act responsibly and understand that it's up to you to secure your own future, you can have the fun you want without all the stress that comes with running up debt to do so! I recently met some folks who were down on their luck, but it wasn't their luck that was keeping them down, it was their attitude about their situation that was doing the most damage. They seemed to have given up and were ready to accept that life would always be this way for them. NOT TRUE! Don't believe that for one second if you find yourself in similar circumstances. Read more 禄
Being Financially Responsible Means You’re a Lame, Dorky, Geek?
Hi, my name is Brad Chaffee, and I am a lame, dorky, geek! The new Toyota Highlander commercial really gets under my skin. Have you seen it? Not only are they trying to make anyone who doesn’t drive a “cool” new car feel like losers, but they’re using a kid to do it. Some may see this as “just a commercial”, but let me remind those naive enough to believe that these commercials are powerless of something. There’s a reason why they spend TONS OF MONEY to air them. THEY WORK! I know that for the families that feel it […] Read more 禄
Debt Free News From A Debt Free Reader #17
Welcome to another Debt Free Friday! I absolutely love doing this series! I hope it inspires you or someone you know to eliminate some debt. Today’s debt free story comes from a friend of mine, and one of the very first Canadian blogs I ever started reading. He has excellent advice that apply to Canadians but also great personal finance advice in general. We may disagree on the issue of “good debt vs bad debt”, but that’s small potatoes if you ask me. 馃檪 “Tom Drake is the owner and head writer of Canadian Finance Blog. Tom has paid off […] Read more 禄
Debt Free News From A Debt Free Reader #16
Happy Friday everyone! Right now I am enjoying myself on a fishing trip with my father-in-law, so I hope I catch some yummy fish! Have a great weekend, but before you do, I hope you enjoy this wonderful and inspiring debt free story. I love these kinds of stories!! I checked out Our Debt Free Path and knew immediately that these were my kind of folks. They are passionate, and best of all, they too, are doing the Total Money Makeover! Whether you like Dave Ramsey or not, you have to admit the guy has an awesome game plan for […] Read more 禄
Debt Free News From A Debt Free Reader #15
Happy Friday! Sorry for the delayed post but last night was spent celebrating Noah’s first birthday. We went on an intense hike on the Blue Ridge Parkway here in Virginia, and I was pretty beat last night. It was a fun day though and definitely worth it! Now let’s get to business. Becoming debt free is no less fun! Our next submission comes from someone I have known since taking on my own debt free journey. We have kept in contact over the years and now he is finally debt free himself! Congratulations Chuck! It was a long hard fight […] Read more 禄