One of the fun parts of having a blog is being able to see the search terms that people use to find whatever it is they are looking for. Some of them are quite comical. My two recent favorites have been Wow, I paid off my cat and Do snakes smell like burnt rubber. Why on earth those landed here, I’ll never know, but I do know that by and large my biggest search term is related to paying off … Continue reading
When we were in the midst of paying off over $30,000 in credit card debt, one of the options we used was transferring high interest balances to lower interest credit cards. In fact, we sought out 0% balance transfer offers. While this strategy helped save hundreds of dollars in interest, you have to make sure that transferring your debt to lower interest credit cards is a smart move for your financial situation. Check Your Credit Score Even though we were … Continue reading
One spectacular advantage of having no credit card debt is that you can use your credit cards as a tool to earn money and rewards for your family. If done correctly, using credit cards to pay your regular and necessary expenses can net you hundreds of dollars in free money. While you can use free money for anything, we’ve earmarked ours for travel. I’ve learned over the years that many things we purchased during our spending frenzy were not really … Continue reading
November was a truly happy month in our household. After a year and a half of hard work, we paid off the last of our credit card debt. We learned some new things about ourselves and our needs and wants along the way. It isn’t rocket science, but here’s how we did it. Background The reason we ended up with this debt was pure and simple lifestyle inflation. We were doing pretty well until we built our house in 2004. … Continue reading
As we’re coming into the homestretch of paying off our credit cards forever, it’s kind of horrific funny if you think about the things we could have done with that money instead. Just like building savings, wealth, or a retirement fund, our debt was years in the making. I’d say it was sort of an art form, albeit a very alternative style that doesn’t receive much critical praise. I honestly can’t name one tangible item we have ownership of because … Continue reading
