Living On A Dime
How To Save Money And Get Out Of Debt
Paying Cash For A Car? Elaine From Massachusetts asks: “Given the fact that more people are traveling further for better paying jobs — How does your concept of purchasing a car cash apply? I travel a total of 100 miles a day round trip for work. Travel time is about 1 hour 15 minutes peak …
Michael from Wilmington, NC asks: When should you get rid of an old car that is paid for and buy a newer one that would hopefully have less maintenance cost. I am assuming the new car would be paid for outright without credit expenses. Michael Answers: That is a good question. We recommend buying …
Don’t Buy In!, Part 3 Read part 1 here and part 2 here. So What’s the point, you ask? What can I do about it? Don’t buy in! Don’t listen. Reduce your exposure to a runaway stream of information. Don’t just rock along in auto pilot. Think about what you’re doing. Any information going …
Don’t Buy In! (Part 2) (Read part one here.) TV ads are, as a whole louder than ever, often using fast paced tense music to make you feel like there is an urgent reason you need to watch this commercial. Even though there are laws designed to prevent television broadcasters from playing commercials louder than …
Don’t Buy In! How To Avoid The Trap! Did you know you need a new cell phone? Did you know your car is trash? Did you know you’re not pretty enough, you’re overweight, you wear outdated clothes, you need to eat healthier and you need two large pizzas? If you didn’t know that, brace yourself …
Rebejay from Vancouver, Washington asks: Is it better to sell the fancy house, pay off all debt and rent until we can purchase a more affordable modest home? We may have enough equity to accomplish it all and not rent. We are tired of the rat race and want to send our kids to a …
Is Frugal Living Too Time Consuming? When people ask me about getting out of debt, they often ask “Doesn’t frugal living take quite a bit more time than not living frugally?” Of course, doing work yourself does mean you spend more time doing certain things, but frugal living also means that you will spend a …
Have you ever wondered how to live debt free or if it was even possible? Jill shares some thoughts about the freedom that comes with debt free living.
Three steps to help you get out of debt.
Is Bankruptcy Our Only Way Out? A reader writes: My husband was a lawyer for 4 years before going to seminary and becoming a minister. Now with living on his severely reduced salary as a pastor the student loans seem like they will never be paid back. Is going bankrupt our only way out? (We …
Getting out of debt. How Mike and Tawra saved money and paid off their debt.
We have said that we paid off $20,000 debt in 5 years on an average income of $22,000 per year. Here is an accounting of the debt (over and above our regular bills) and the payments that we made to eliminate the debt. If you’d like to know how we paid it off, here is …
