Since we’re working hard to get out of debt, I’m doing what I can to take on some extra work. I’m a computer geek, so most of what I do is computer related. I’m currently trying to get some work on <a href=”http://www.odesk.com”>oDesk</a>, which is a site for consultants looking for work. The hard part [...]

Updating our debt stats. Not the best month for credit card debt — there were a few accounts that I thought were enrolled in autopay, but apparently weren’t, so they didn’t get paid on time. SIGH! Since I never make payments late, I’m going to try talking to the banks and get the accounts in [...]

We get a boatload of magazines, and haven’t ever paid more than $1/year for any of them. A little bit on Internet-fu can really help you out here!
Some advice:

If you are interested in a particular title, always do a google search for something like “ free”. If it is a trade-related rag, there are often [...]

So, another Ramsey-ism — if you’re in debt, sell everything until you’re not in debt!
I’ve been doing quite a bit of this — finding extra stuff around the house that we no longer need, and putting it up on Craigslist and eBay. However, one of his big recommendations always seems to be to sell your [...]

So, in my last post, JoeTaxpayer mentioned that it’s worth considering taking a loan against your 401k to pay off high-interest rate debt. I took a quick look at that, and it really does look like an appealing option - I could drop ~$10k of my debt down to 6% interest over a 5-year period. [...]

Right now, our payments for our debt is exceeding our income, so we’ve stopped 401k contributions to help make the difference up. However, in a few months, we should be at the point where we can actually afford to make payments within our income. I’ve been debating if it would be wise to start adding [...]

So I’ve talked to two different companies about a Debt Management Plan now. Both companies went over our budget in detail, and did not really find much that needed to change - that’s good news, at least! Interestingly, the first proposal from both companies would actually result in our total monthly payments going slightly higher [...]

So, it’s been a little over a week since we started this site, and I went through and updated all of our balances.. since my original post, we’ve paid most of the monthly bills, and the new balances are below. We’ve paid of over $3,000 in total debt this month!

Right now, we are at the point where our monthly expenses plus debt payments are more than the money we are bringing in every month from our regular jobs. Since we’ve started tracking this a few months ago, we’ve always been able to bring in enough additional income to make up the difference, but this [...]

Welcome to my nightmare. My nightmare is the amount of debt that I’m currently trying to pay off. I’ve decided to share my story and progress with you; there’s really not much here yet, but if you want some background info, please check out the About page.