Skip to main content

The Beginning of my Journey to Financial Peace

When I graduated college back in 2010, degrees in hand, I had stars in my eyes and spunk in my spirit. I was young and carefree, the world was my oyster and I was excited about the future. There was just one problem. Between student loans, credit card debt, and an auto loan, I had accrued about $55,000 of debt. I also had no job prospects, at least none that justified my newly earned music and psychology degrees and/or would be much help with attacking Debt Mountain. I was also an impulsive spender. The fact that I wasn't making a lot of money combined with the fact that I had a lot of debt and a bad habit - let's just say my starry-eyed excitement was fading fast, and I knew I needed to act. It's amazing, the things we can accomplish when we have to. I prayed, researched and brainstormed every possible thing I could do to become debt free. Doing all of that took me on a life-changing journey; so much so that I feel compelled, obligated even, to share my story. I am so excited to relive my amazing journey as I share it with you in the posts to follow!

Comments

Post a Comment

Popular posts from this blog

9 Ways Wal Mart Grocery Pick Up Saves You Money

Hello lovely readers! As the weekend comes to a close, I'm feeling satisfied that I accomplished everything on my to do list and am ready for the busy week ahead. One of the tasks on said list, was to pick up the groceries I ordered from Wal Mart. This was only the second time I have ordered groceries for pick up, and let me tell you, I am never buying groceries any other way ever again, and I have no idea why I didn't do it any sooner! There are so many ways that Wal Mart grocery pickup saves you money, so of course I have to share them! I am The Wanderlusting Penny Pincher after all! 1. It's FREE, need I say more? 2. If you have the tendency to overspend on impulse buys (this used to be a big problem for me)... BOOM. Problem solved. You can't buy what you don't see! 3. It saves so much time, and as we all know, time is money! 4. When you are searching for your products online, you can set it to list the lowest priced items first that are related to your searc...
Post a Comment
Read more

Credit Cards: Friend or Foe?

Right off the bat, allow me to answer the titular question; credit cards are not your friend!  We hear about the growing epidemic of credit card debt all the time. I recently read a statistic that said around 75% of American adults have at least one credit card. That means that 75% of American adults are in the habit of buying what they cannot afford outright.  Yes, many people claim that they only use their credit cards for the essentials they already plan to buy in order to accumulate airline miles, points or cash back "rewards" and that they pay off the balance every month. That sounds sensible at first, but let's explore it further.  Many credit cards have done away with annual fees...aaaand many haven't. The fees often negate any "rewards."  Here's a public service announcement: Cash back rewards are designed to make you spend more and to increase their bottom line.  How many times have you been shopping with every intention of on...
Post a Comment
Read more

College: A Worthy Investment?

After reading the title of this post, some of you may have had the knee jerk is-that-even-a-question-? reaction. I get it. Where I grew up, in the very affluent Johnson County, Kansas, it was the norm/expectation that you went to college right after high school. Before I say anything else, let me be clear that I highly value education, knowledge and higher learning. I have two degrees (a B.A. in music and a B.A. in psychology) that I am very proud of, but I know people without degrees who make just as much if not more money than I do and never had any debt to boot!  I do not recommend college at all (especially not right after high school) unless the following is true:  1. You have a focused/specific career plan (doctor, lawyer, teacher, engineer etc.) Do NOT get a generic degree in something like philosophy, history, communications, etc. that will cause you to be $60,000 in debt but only make $30,000 a year! I know this because while I am proud of my degrees, they...
Post a Comment
Read more