With the beginning of August 2009 I ended a 15 year negative habit and the resulting consequences of those 15 years. In July we paid off our last credit card to a complete $0 balance across the board. I can tell you from my personal experience, the weight that was lifted feels incredible to no longer carry. We still have bills we’re focusing on with medical bills, car payment and those darn school loans to get rid of next.

My wife and I are big fans of Dave Ramsey and we worked an adapted version of the plan that Dave …read more

One of the things I heard last night in the President’s address to Congress and the American people is that there’s been a new website setup for the economic bailout. It can surely be said he is still using technology and social media to expand his touch and communication with the citizens of the United States and anyone else that wants to listen.
The Recovery.gov website was setup to let taxpayers identify and understand where the money they’re lending to all these people is actually going. I like the transparency of it all. Let’s hope it’s stays accurate and updated …read more

Image: Screen grab from Popular Mechanics website by Jason Bean
Here’s another online contest where you could win $250,000 to pay off your mortgage. In economic times like these, getting rid of that house payment would really come in handy wouldn’t it?
Just to give you an idea of the scale, that $700B bailout we all just paid for would have been enough money to award $250,000 to 2,800,000 homeowners. I’d say that would have helped the economy a bit too. That would have been an Extreme Financial Makeover: Home Edition.
Since that didn’t happen, the next best thing is to enter …read more