Average Joe Ways to Eliminate Different Kinds of Debt

  Tonight I’m bringing you a guest post from Mrs. LLC of Lovely Life Cents. She’s relatively new to the game of personal finance and still looking for her voice. Check out her new blog if you want to get a fresh take!   Debt. Debt. Debt.   It’s on everyone’s mind mainly because everyone’s got it. At this point in society, the average joe is going to take on debt if they want to move forward in life.   For instance, if you want to buy a house, you’ll have to take out a mortgage unless you’re Mr. Money Bags. Want to go to college? Your typical college graduate is laden with tens of thousands in student debt after four years of higher education. Need to buy groceries every week on a biweekly paycheck? Well, take out a credit card and…

Hitting Rock Bottom and Getting Back Up Again

  It was 2001 and I was a senior in college when I hit rock bottom financially. I was waitressing full-time, living alone in an off-campus apartment, carrying a car payment, $6000 in credit card debt and nothing to show for it but some Tommy Hilfiger clothes (he was big back in my day, I swear), a pager (I can practically hear you laughing at me!) and a pantry full of ramen noodles. I was adulting—hard, and at first I had been successful at it, but the more I lived my life on credit, the more I realized I was failing. I was drowning fast and I looked high and low for a life raft. Now $6000 might not sound like a lot of money or a deep hole of debt to you. But you have to put things in perspective and realize that I was a…

Welcome!

When I decided to start this blog, I began by checking out what was already being shared by other bloggers in this same subject space. I found a lot of similar information being presented, which to some extent is expected because being successful in personal finance is, at its core, a matter of keeping both your wants and your needs below your earnings. The ways you choose to do that vary greatly and we’ve all heard some cost-cutting advice before. I will likely repeat some things you’ve already heard or know, but some information should be reiterated simply because it really works! After all, repetition is the key to learning and creating new habits. However, I also plan to set myself apart by introducing you to some new tips and ideas for saving and earning money on your way to financial wellness. I first became…