April 27, 2017

Archive

How To Fight Frugal Fatigue 

When frugal fatigue hits it can devastate even the most motivated of pdebt slayers.  I've been through this stage many times during my journey.  You're tired of being the one that always feels behind financially.  You feel like you're treading water and starting to drown.  It's a horrible feeling when you've been pushing for so long and progress just doesn't seem to come quickly enough. I'm facing my own frugal fatigue this month.  It's been one thing after another and…

Why It’s So Hard Talking About Debt 

Have you ever had a conversation with a friend or relative about debt that went completely wrong?  Or was just plain awkward?  I'm a huge proponent of being open about finances because I think it creates a learning experience for all involved.  I find that talking about my financial mistakes openly is beneficial for others as a learning experience.  I also enjoy others stories about how they've conquered debt or saved because it gives me hope and inspiration.  Reading financial…

How I Managed to Rack Up $17,000 In Credit Card Debt at 23

In previous posts, I mentioned that fun time period when I was 23 and managed to rack up $17,000 worth of credit card debt. I would love to say this is an intriguing story of a misguided youth trapped in a vicious cycle going down the wrong path.  It's more of a story about me acting like a complete entitled brat after college, but enjoyable nonetheless.  You have to admit, stupid money mistakes make people feel better when it wasn't them that…

My April Budget 

I thought I would give some insight into what my monthly budget looks like in Google sheets.  I created this template years ago but didn't start using it seriously until my debt free journey started a year ago.  I use the "reverse budgeting" tactic.  Reverse budgeting means that you list out your income for the month, deduct all of you expenses and debt payments, and what's left is what you have to spend.  I get paid every two weeks so…