Friday Blog Highlight

It always seems like I’m glad it’s Friday. This week is no different

Here are some articles that caught my eye this week:

Jeremy informs us how to get money for your old clothes and buy quality clothing at a fraction of retail. A place that buys used clothes! That’s awesome! Too bad I don’t have one of them near me

JLP discusses how Dave Ramsy says to give up a 401(k) match in order to pay off debt. I decided not to give up my 401(k) because I am getting an employer match. The only way I will give it up is if we need that money to pay necessary expenses.

Makingourway is asking bloggers to participate in the Networth Carnival of Personal Finances

Kevin updated his resume because he’s volunteering his time to some organizations. I think volunteering is a great way to help out, network, and possibly open up some future opportunities.

Mama shared another use for a credit card. I find myself doing this one a lot

Freebies

Starbucks T-Shirt – limited quantities are given away daily starting at 10am PST (until February 28, 2007).

Oasis Mouthwash Sample

Enjoy!

Posted by Tricia on February 16, 2007 at 12:16 PM in Blogging Buddies, Free Stuff | 1 Comment »
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billybob responded:
Posted: February 18th, 2007 at 3:25 am
Interesting that I discovered this website just now.

Wife and I have been patiently retiring our outstanding debts for the last 6 months with the goal of buying our own home within the next year. Both of us like to spend money and we were good at it. We are both employed and actually live rent-free in the house my 87 year-old mother bought 6 years ago. We live here free in exchange for keeping an eye on her and assisting her with things she can no longer do for herself.

I bought an expensive sports car 3 years ago and at one time I was making payments on 3 cars at the same time! Well when I finally came to my senses, I sold the Vette, finished paying off the Buick, and now just have the Jeep to pay for.

We got the usual multiple credit cards (5) and had them all nearly maxed out. We were in bad shape. We owed probably around 18K on all of them combined.

We also had some collections staring us in the face…

Since last October or so, with only one car payment, we’ve eliminated about half the CC debt and taken care of all the old collection debts. The only thing worrying me now is the deferred student loans I took out on behalf of my youngest daughter. She’s in her last year of college so at least that obligation won’t be getting any bigger.

We earn over 100K combined and yet have no real savings. Sad, I know. No rent or mortgage, that income, and no savings. Just high debts. I comfort myself knowing that soon we’ll be debt free and working towards putting money into real estate or something other than “things.”