Except for our home mortgage, we’re debt free! Almost exactly four years after committing to no new debt and starting on our journey toward financial freedom, we’re finally, finally without student loans, personal loans or credit card payments. We made the decision to become debt free when we had just over $45,000 in debt owed [...]
We’ve progressed tremendously on our debt snowball since I first posted about using the debt snowball method to get out of debt. When we started using this method to pay off debt (very important for living a frugal, homesteading lifestyle), we owed more than $44,000 to banks, credit card companies, private student loans and a [...]
Are bank runs in our future? While much of the news is being conveniently swept under the proverbial rug, the fact is that many national and international banks are facing problems. As the money supply tightens, and banks see their credit ratings drop, you can be sure trouble is brewing. As James Wesley Rawles at [...]
Self-employment taxes are only slightly more complicated than filing ordinary income reported on W-2s. I was expecting tax time to be really complicated, but with a little work and some free tax software, it was a breeze. I filed a schedule C for my 2008 freelance writing income, simply adding up my freelance income and [...]
Have you ever wished you had more ideas for frugal living? Have you looked at your budget and wished there was something else you could trim, but don’t know where to start? Not excited about saving a few pennies by reusing plastic baggies? Me neither. I’ve found that some of the best ideas for frugal [...]
When you’re getting out of debt, it can feel like a slow, often discouraging process. When you first start the journey, you might feel energized and enthusiastic, excited about your new plan. And I imagine that when the end is in sight, you’ll have renewed energy to sprint to the finish line. But for those [...]
My husband and I are following the Debt Snowball approach on our journey toward debt freedom. We’re attempting to rid ourselves of college loans, credit card debt and a home equity line of credit used for buying our second home. Here’s how the debt snowball works. It’s actually quite simple. When you’re getting out of [...]
Curious about good work from home jobs, and whether there’s a good fit for you? In this technological age, we’re lucky to have countless work from home job opportunities and online money makers for many entrepreneurs, writers and design experts. On the other hand, “old-fashioned” ways of earning extra money, such as tending an orchard [...]
Curious if you could make money from home and leave your commute behind? Whether you’re motivated by the cost of gas or the desire to be home with the kids, learning how to make money from home can have a huge positive effect on personal and family finances. I’ve been working from home for nearly [...]
