We have had a rough month as a family… so when I read Dave Ramsey’s blog today and he was talking about falling down and then getting back up again, it hit me that a persons character is defined when he decides no matter how many times he hits the floor he will get up and try to succeed, again and again…

If you keep trying eventually you will rise to the top.

He closes his blog with “suck it up and rise above it, baby.” For some reason I found those to be very comforting words in these very hard financial times.

John Elway lost three Super Bowls before winning back-to-back. Milton Hershey went bankrupt six times before he hit it big with chocolate. Diana Ross was turned down for a roll in her high school musical. But people are too busy talking about Super Bowl wins, world-famous candy and records that went gold and platinum. The way to get remembered is to get back up.

Debtective.com: Using Credit? Get A CLUE! – Blog

technorati tags:Dave Ramsey, credit, debt

Like my boss says, if you can’t measure it you can’t manage it.

This very nice lady, and her family have taken debt serious! They measure their debt therefore they are successful at reducing their debt. She is an inspiration to many of us.

I find my self identifying with her in many ways. She wants to reduce her family debt, so do we. She is a quicken fanatic and I choose Microsoft money. She will succeed in becoming debt free, so will we. Hope to celebrate with you at the finish line!

In order to meet my goal date of May 2009, we need to pay $1050/month towards credit cards a month.Here’s how August panned out:Credit Card #1: $225Credit Card #4: $300, $450, $350 = $1100Credit Card #7: $147Prosper Loan: $113Total paid: $1585Target amount: $1050Difference from Target Amount: +$535.00I know it would be hard to keep up paying $1,500+ a month, but I wonder how long it would take to pay off our debt if we could. I’ll have to run some numbers now that I have all of the minimum payments. I’m excited to see if we can be debt-free before 2009 (which would be awesome!).

Blogging Away Debt » Blog Archive » Am I Still on Track to Meet My Goal Date?

technorati tags:debt reduction

I often check out the questions being asked on Yahoo answer, mainly about credit and debt. I do it not to feel better or worse about my self but rather to learn something.

So after watching the answers for many weeks I have made a few observations.

There are a lot of people in debt.
There are a lot of people deeply in debt.
There are a lot of people who do not know what to do next.
There are a lot of people who are at the end of their rope.
There are a lot people looking for a way out.
There are a lot of people looking for help.

It’s clear there is a huge need for accurate and timely information on debt and credit. There are so many scams out on the Internet its amazing.

Getting out of debt and cleaning up your credit is exactly like going on a diet. However we have learned that diets don’t work, change your life style is the only way to take and keep off the weight.

Getting out of debt is the same. You need to change your life style and the debt will start to go away. You have to want to do it bad enough. the pain off being in debt must be great enough to force the change. Listing to Dave Ramsey is not enough. You have to want to make the change.

but like getting into shape you need a guide, a game plan and motivation. With out these three it will be hard to succeed.

Sign up for our free 8 day course on crushing debt and use it as a base for getting back into financial shape.

have a great weekend!

technorati tags:Yahoo Answers, credit

Liz Pulliam explains “weird stuff that hurts your credit”. The article is eye opening. Below is just one instance, she goes on to talk of several more. Check out the article.

Accountant John Johnson of Springdale, Ark., painstakingly rebuilt his credit after some business reversals several years ago. But the credit-card issuer that initially helped him is now standing in his way.Capital One refuses to report its customers’ credit limits to the three major credit bureaus. Instead, the bureaus use the highest balance a customer has charged as a proxy for the limit.

Weird stuff that hurts your credit – MSN Money

technorati tags:Liz Pulliam, credit, debt