Mortgage is Gone, Cash is Bad, Big Debt Tomorrow, Catching Up and Nine Months

I spent some time yesterday catching up on my blog reading. I was pretty far behind. I follow over 120 blogs so I had some reading to do! Here are some articles that caught my eye to share with all of you.

Kevin is now mortgage free. Congrats!

Ms Broke argues that keeping cash on you is a bad idea. I follow her reasoning and we barely have cash on us. We end up spending it too easily. But everyone is different.

Twiggers shares a cautionary article about spending $10 today, be out $100K tomorrow. Very interesting.

Things have finally caught up to JW. Paying off debt is important, but it’s not the most important thing in the world. JW, we wish you a very speedy recovery!

Arduous has spent nine months not buying new stuff. Congrats!

Posted by Tricia on June 29, 2008 at 8:59 AM in General Personal Finance |
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  1. Mark responded:
    Posted: June 29th, 2008 at 9:42 am

    120 blogs??!!!! That’s a heck of a lot of time. A good way to speed up getting out of debt might be to reduce that to reading the 10-20 blogs that you really care about and to spend all of the saved time bringing more income into the household!

  2. Tricia responded:
    Posted: June 29th, 2008 at 12:00 pm

    Mark - well, I use Bloglines.com which helps greatly. Also, a lot of the blogs that are included in that total are debt blogs and some have gone dormant. I do hang on to their feed in hopes that they come back and periodically update.

    Often what I do is read through weekly. I admit, I do a lot of skimming.

  3. debt responded:
    Posted: June 29th, 2008 at 3:40 pm

    Credit card debt is on its all time high with today’s economy. Hopefully people can obtain the help they need to get out of debt. Thanks for the article!

  4. Prince of Thrift responded:
    Posted: June 29th, 2008 at 6:57 pm

    Thanks Tricia for the congrats, I appreciate it. Now lets see how fast I can get rid of that unsecured debt.

  5. indebt responded:
    Posted: June 29th, 2008 at 7:23 pm

    That’s a lot of reading. I follow about 15 blogs. I was totally surprised about how many people blog about debt when I started this.

    Thanks for the links…off to add more reading to mu list :)

  6. JW Thornhill responded:
    Posted: June 29th, 2008 at 7:30 pm

    Gob Bless and Thank you Tricia. It’s taking me a bit to get adjusted to not being able to blink and gargle but, I’m grateful that its not any worse.

    JW :)

  7. Twiggers responded:
    Posted: June 30th, 2008 at 6:20 am

    Thanks for the link love Tricia :-)

  8. Melvin J. Richardson responded:
    Posted: July 12th, 2008 at 3:19 pm

    can you contact me directly

  9. Tricia responded:
    Posted: July 12th, 2008 at 11:10 pm

    Hi Melvin - feel free to contact me using my contact form. Thanks!

  10. Dorothy responded:
    Posted: July 29th, 2008 at 12:22 pm

    Has anyone ever heard of a company called debt be gone? I am looking for a debt consolidation company that is legit and actually contacts creditors right away as promised

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