Ashamed of Debt

Are you ashamed of debt? With debt being so common that it’s become “normal”, I find it interesting that people are still ashamed of it. It’s not a topic of normal conversation outside of the personal finance world, except sometimes in general terms. Part of that might be a general taboo on talking about money, but I suspect it’s more than that. Continue reading →

Posted in Debt and Emotions on 05.17.12 | 4 Comments

Finding a Way

There’s no doubt about it, getting out of debt can be tough. But when you really want to change, you will find a way.

It takes determination, time, and sometimes a little outside perspective. Continue reading →

Posted in Get Out of Debt Inspiration on 05.14.12 | 6 Comments

One of the Greatest Months

This debt pay off story is from Shondell, a 32 year old from Toronto who paid off her mortgage in less than three years. (She blogs at Call Me Whatever You Want, Even Cheap if you’d like to read more about what she’s up to.)

December 2011 was one of the greatest months I have had in a long time. It was the month that I paid off exactly $95,778.50. It took me a little under 3 years to get rid of this debt. There were times when I felt like saying to heck with this debt; I am going on a shopping spree. But then I would listen to a Dave Ramsey show and hear people scream “I AM DEBT FREE!” and that would get me right back on track. Continue reading →

Posted in Debt Free Stories on 05.10.12 | 8 Comments

But I Don’t Really Want to Do That

When someone asks for help in figuring out how to get out of debt, the suggestions they receive can usually all be boiled down to three things:

1. Quit borrowing
2. Spend less
3. Make more money
Continue reading →

Posted in How to Get Out of Debt on 05.07.12 | 10 Comments