tag:blogger.com,1999:blog-1611711622146875201.post8019504754930627972..comments2024-03-28T21:23:54.204-04:00Comments on DON'T READ THIS; IT'S BORING!: Habits of the Debt-Freeslugmamahttp://www.blogger.com/profile/12728856166374248591noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-1611711622146875201.post-37882923275374577272014-02-10T21:54:22.375-05:002014-02-10T21:54:22.375-05:00I'm taking Dave Ramsey's Financial Peace w...I'm taking Dave Ramsey's Financial Peace with a small group at church and decided to invest in a 'financial coach' to help me figure out a good balance of saving and spending..hoping it will be successful. I'm not doing too bad - managed to get debt free with some emergency savings (though due to an inheritance mostly rather than my own doing) I'd like to retire in 8 yrs at 55 since we can take our medical with us (supposedly) I'll likely still work but hoping I can hold out where I am now since it's not a long drive and I have senority and good benefits but it's stressful with the coworkers and rotating shift.<br />I've never been good at waiting - well not in a long long time- but am trying and have been doing pretty good (at least the month I've been doing the course!) I'm bad at emotional spending but know in my head things don't really bring happiness- I want to save to spend on some travel. these tips make sense -w ill go back and re-read when I have more time! thanks for sharing!Suzyhttps://www.blogger.com/profile/09736403277973311615noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-42724504092910313132014-02-09T09:27:48.165-05:002014-02-09T09:27:48.165-05:00I saw a version of this on Facebook earlier this m...I saw a version of this on Facebook earlier this morning and feel it describes me pretty well. I've always been a saver and thankfully have passed that on to Kazi. I'm good at denying myself but allow myself a little splurge once in a while. My weakness is books and there are about 10,000 I'd like to buy right now but I'm sticking to cyber-borrowing from the 3 libraries I have memberships with. I might not get the book I want immediately but will get it sooner or later. And that's ok. I'm good at waiting.Janehttps://www.blogger.com/profile/02803104035204416080noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-12419325559602315742014-02-08T10:31:53.219-05:002014-02-08T10:31:53.219-05:00Excellent words! Debt free ourselves. Worth it t...Excellent words! Debt free ourselves. Worth it to note that the skills we exhibit in practicing our frugality, the thing that kept us out of debt, transfer over in other areas...and it is a thrill to see my kids tapping in to their creative resources too. There are far better ways to solve daily problems than tossing money at it. Just last night, my dd and her little friend were very carefully using a library card to scrape off the pictures on their last year's science fair project, so they could reuse the display board, as the didn't want to fork out he $3.50 for a new one. They didn't even ask me if I would pay, rather they sought to solve a problem on their own. I hope that when dd is in her first post college apartment in a decade or so, she will still use this sort of thought process to attack problems that arise.Meg B.https://www.blogger.com/profile/07787702814280004076noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-54635762921922243672014-02-08T08:39:16.442-05:002014-02-08T08:39:16.442-05:00Excellent post--high school students everywhere sh...Excellent post--high school students everywhere should be exposed to the ideas on this list BEFORE college, marriage, first job, credit cards etc.Consuelohttps://www.blogger.com/profile/11472743596120361365noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-54933979419490013922014-02-08T08:11:40.903-05:002014-02-08T08:11:40.903-05:00I learned very early in my singlehood that some p...I learned very early in my singlehood that some people don't want to be a friend unless money is spent for every occasion we did anything. I was not interested in going out every Saturday night or shopping at the mall. I had a house and car to pay for and am happy to say both are paid for! However, I still struggle to pay monthly bills and cannot afford things I need to have surgery. <br /><br />I have a very good friend who has more money than God. She never knows how much anything costs. I am not talking about personal information since she often tells me what she pays for things. We have know each other for about 30 years. I have always thought she likes to have the attitude that price is not a consideration. However, we talk prices all the time. I tell her about something and she gets it, even if I cannot afford the item. This affected attitude comes over her, then the next day we are back to talking the price of things. Lindahttps://www.blogger.com/profile/14991571309786149363noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-78120786624977040122014-02-08T04:37:13.238-05:002014-02-08T04:37:13.238-05:00I think that the term debt free can be confusing t...I think that the term debt free can be confusing to some people. Although we have no outstanding debt (no mortgage, no loans and we don't carry cc balances), we still need $2500 a month to pay for health insurance, gas, food and utilities. It adds up quick. We're having trouble seeing The Big Picture right now because we're working so hard on the day to day stuff, but hopefully we'll get it in focus soon.Lorrainehttps://www.blogger.com/profile/15328674280714013955noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-76328404474752803032014-02-08T02:06:52.416-05:002014-02-08T02:06:52.416-05:00I read this on Yahoo Finance,or something a kin to...I read this on Yahoo Finance,or something a kin to it, i have some of these qualities but not all of time, just trying to develop good habits is a life time struggle.Out My windowhttps://www.blogger.com/profile/13456481267171643227noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-79786117080981399922014-02-07T22:09:48.192-05:002014-02-07T22:09:48.192-05:00You are right. And once it becomes a lifestyle, yo...You are right. And once it becomes a lifestyle, you don't have to work very hard at it.Alex Mhttps://www.blogger.com/profile/15562233895276078957noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-81090702182267036832014-02-07T19:17:53.140-05:002014-02-07T19:17:53.140-05:00I agree with this list. The biggest thing we do i...I agree with this list. The biggest thing we do is disregard advertising (interesting since hubby made a career in advertising sales) and always live below your means. Don't every care what the Joneses have compared to you. We are also debt free. We use credit cards but pay them off several times per month never paying a cent in interest. We do so for the points which we rack up into several air tickets per year. We set budgets for things even when we don't have to and we don't pay by the month unless we absolutely have to (like a phone bill). We pay our house tax in a lump sum every year which means we have to save all year and in April we are going on holiday which is 100 % saved for upfront. The only kind of debt I consider ok is mortgage debt which fortunately we no longer have. That includes vehicles, as monthly payments can kill you. Drive a beater until you can afford better. PS your feedburner issue is fixed as your blog updated on my sidebar today!Cheapchickhttps://www.blogger.com/profile/15158208632054014311noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-60865546188067875892014-02-07T17:14:51.300-05:002014-02-07T17:14:51.300-05:00I'm sure I could be debt free if I didn't ...I'm sure I could be debt free if I didn't have all these people holding me back...<br />McValhttps://www.blogger.com/profile/00285808958951068897noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-14926248076336016472014-02-07T15:11:00.385-05:002014-02-07T15:11:00.385-05:00Some great ideas here. I think, for many people #1...Some great ideas here. I think, for many people #10 is the hardest. Lots of debt is acquired because people want to fit in with the society views, with how the neighbors live. Realizing and changing it would definitely benefit this country :)Lenahttps://www.blogger.com/profile/16064081200654561079noreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-53066129360753240862014-02-07T14:26:49.266-05:002014-02-07T14:26:49.266-05:00I've been 100% debt free since 2001-2002. I ag...I've been 100% debt free since 2001-2002. I agree and follow all of the points listed, but please be aware of point#10. I don't now anyone who thinks like me, plus it is very, very difficult to maintain friendships. Be prepared to spend a lot of time alone. Be prepared to spend more time with family since they will think more like yourself (and come from the same type of background).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1611711622146875201.post-69677171380585172632014-02-07T13:42:35.382-05:002014-02-07T13:42:35.382-05:00Awesome post, Sluggy. Bravo!
Carol in CTAwesome post, Sluggy. Bravo!<br />Carol in CTCTMOMhttps://www.blogger.com/profile/04825780992878036362noreply@blogger.com