My Debt Reduction Story

How Far Would You Go to Avoid Paying A Bill?

April 24, 2009 By gray Leave a Comment

What lengths would you go to in order to avoid paying a bill you know you owe? Would you change your name and move; flee the country; go to jail?

Filed Under: My Debt Reduction Story Tagged With: avoid paying a bill, bills

Why Discounts Make People Act Stupid With Credit

April 22, 2009 By gray Leave a Comment

Today is a continuance of my experience from over the weekend but is about what I overheard instead of what happened to me. It’s kind of in the vein of going to a great sale and thinking “the more I spend the more I’ll save!”

Filed Under: My Debt Reduction Story Tagged With: people acting dumb with credit, sales, store discounts, stupid

Store Issued Credit Cards Are Evil

April 20, 2009 By gray Leave a Comment

Store issued credit cards and the great deals a person can get with them are pretty much evil incarnated in my mind. I admit that’s because I’m not responsible with credit cards (all kinds) and got myself into a ton of debt because of them, which is why I no longer use them and hate anything to do with them.

Filed Under: My Debt Reduction Story Tagged With: credit cards, debt, evil, store credit cards, store issued credit cards

The Third Step To Getting Out Of Debt

March 4, 2009 By gray Leave a Comment

Step 3 in my “How To Get Out of Debt Series” is to keep a spending diary (for step 1, you truly have to want to get out of debt and be willing to take action; and for step 2, figuring out exactly how much debt you have and writing it down).

Filed Under: My Debt Reduction Story Tagged With: Get Out Of Debt, getting out of debt, keeping track of money spent, spending diary, third step

The Second Step To Getting Out Of Debt

March 3, 2009 By gray Leave a Comment

Unless you win the lottery or get a huge inheritance or trust fund, getting out of debt is something that won’t happen overnight. The amount of time it will take depends on how much debt you have and how hard you are willing to tackle it and get rid of it.

Filed Under: My Debt Reduction Story Tagged With: debt reduction, figure out how much debt you have, Get Out Of Debt, getting out of debt, second step

The First Step To Getting Out Of Debt

March 2, 2009 By gray Leave a Comment

The first step to start getting out of debt…….is to WANT TO GET OUT OF DEBT BAD ENOUGH TO ACTUALLY DO SOMETHING ABOUT IT!

Filed Under: My Debt Reduction Story Tagged With: debt reduction, first step, Get Out Of Debt, getting out of debt

February 27, 2009 By gray Leave a Comment

I’m a walking poster child for how to not manage money and handle credit. I’ve been irresponsible most of my adult life with money but was lucky enough to always have someone bail me out of every financial mess I got into until 2 1/2 years ago when bankruptcy was not only “knocking on my door” but had come inside to stare me in the face.

Filed Under: My Debt Reduction Story Tagged With: budget, credit cards, money management, My Debt Reduction Story, taking responsibility