Debt Reduction

Get Out Of Debt – Quick Tips

I love hearing stories about how folks are getting out of debt – and living debt free! Several years ago, my wife and I paid off all of our consumer debt – and we are now in the process of paying off our mortgage. I created an illustrated guide for debt reduction – t0 show the process that we used to eliminate our debt. Here are few quick tips which have helped us reduce – and eliminate – our debt. 1.  We make plans – and stick to them.  Here’s our simple, one-page plan for eliminating our debt.  Day after day, month after month, and even year after year, we keep plugging along. 2. We make all minimum payments –…

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Budget, Emergency Fund

Get Out Of Debt – A Better Budget

I recently wrote about our debt reduction process – a simple one-page guide to getting out of debt. Step 2 of our process was: We created (and followed) a zero-based budget. We “spent” our paychecks, on paper, at the beginning of each month, so that we would know where our money was going to go. I thought I would elaborate a bit on our budgeting process – and some tips that work for us. We break our budget into three major categories: spending, saving and giving. Within those categories, we try our best to estimate upcoming monthly expenses.  We save for annual expenses (such as insurance premiums) and quarterly expenses (such as our car insurance premiums). The easiest way to…

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Home Maintenance, Video

DIY Digest – Some Of My Favorite DIY Youtube Channels

Welcome to the DIY Digest – featuring DIY tips, techniques and resources. I love DIY projects – and these 6 DIY Youtube Channels inspire me to tackle projects around the house and in the shop. I have included a link to each channel page – and an example video from each channel. Check them out – 1 The Jay Bates’ channel features both furniture builds and shop projects.  Here’s a recent video where he built an elegant cabinet. Jay’s Twitter and Jay’s Website. 2 The SSL Family Dad Channel filled with DIY projects – with great ideas for backyard gardeners and beginning homesteaders. Here’s a cool project where SSL uses inexpensive plywood to create an awesome looking floor. SSL Family…

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