Category Archives: Anti-Credit Articles
How I Live Without Borrowing Money
As the credit crunch continues, more and more people are learning to adjust to life without credit. It’s been four years since I borrowed money or used a credit card. Here’s how I live without borrowing money. Budget – I live on a budget. My wife and I receive monthly paychecks and I receive irregular [...]
Breaking The Addiction To Credit
Are you ready to get out of debt? Great! But, are you still using your credit cards, even while trying to pay them off? Boo! Here are some thoughts about breaking an addiction to credit – Give Cash A Chance – Instead of using your credit card for everyday purchases, use cash. Try the envelope [...]
An Interesting Conversation About Store-Branded Credit Card Applications
Today, I went shopping for Mother’s Day gifts. As I was checking out at one particular store, the woman behind the cash register asked me if I wanted to apply for a credit card and receive a 10% discount. As I’ve written about before, I’m not interested in credit cards, especially high-rate store-branded credit cards. [...]
My Life After Debt
Here is our current plan to live debt-free and stay debt-free – We fully-fund four retirement accounts – my wife’s Roth IRA, my wife’s Pension Plan, my Roth IRA, and my 403b. We save money for future ‘major purchases’ – newer cars, new furniture, new appliances – in our ING DIRECT Savings Account. We are [...]
