A funny thing has happened since we paid off our last car and a credit card with some medical bills on it: personal finances has gotten a bit boring. Actually, this has been a trend for awhile, but it’s gotten much more evident in these past couple of weeks. With YNAB, I’m always budgeted a […]
My wife and I are now car debt free for the first time in 5.5 years, with the final payment for her car happening a couple of days ago. If all goes to plan, this will be the last time we ever have car loan.
Interesting article on how financial crises can be detected when personal debt (not government debt) reaches a certain level (via The Atlantic).
I have officially paid off my first major loan, the car loan for my wife’s Subaru Forester. What a fantastic feeling that is! Yet it opens up a new dilemma that I am still struggling to figure out. The question is, what is next? After some careful deliberation, I have narrowed it down to three possible […]
Operation Debt Reduction is going well. Thanks to paying off some old debt, tightening up the finances a little bit, and working with the good folks at Comcast to reduce my monthly bill, my debt snowball is starting to work. Also due to this month being an extra paycheck month (5 weeks = 5 paychecks, […]
As of today, I have no debt related to technology. My HDTV has officially been paid off. My computer equipment (Macbook, printer, router, etc.) and PS3 have been paid off for awhile. Spending on technology is a weakness of mine. Give how quickly technology depreciates, it is something really hard to keep in check. I […]
I just sent in the payment that will officially pay off my HDTV two years early (I had no interest until 2010 on it). Why pay off something I have no interest on for two more years? Because I am following the Debt Snowball method of reducing debt. It is completely right too: tackling the […]