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Three Lessons My Garage Has Taught Me

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We’ve been ‘encouraged’ (ie. sternly scolded and forced) by the members of our debt reduction class to sell everything to pay off debt.

We dug around our garage for a few hours and it taught me three very important things:

1) I’m a pack rat.

In this day and age, no one… and I mean NO ONE… should still have a Tae Bo video or a Chia Pet.

2) If I don’t see it, I don’t care if it’s sold.

I can’t remember what is out there. If my husband sells it before I see it… it’s fair game.

3) The things I thought were so important to me… aren’t.

There are very few things I use on a daily basis. I don’t need the rest. It’s time to simplify.

What are you selling?

Our Financial Health = C+

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CNN.com has an interesting calculator that takes financial factors such as mortgage payment, debt payments, life insurance value, etc. and assigns you a letter grade. I answered their questions and we got a C+. For giggles, I had to see how we would have graded three years ago.

We got a C. I have a feeling that this calculator doesn’t give partial credit! LOL.

In any case, it’s a pretty neat calculator that highlights your trouble spots and could be a nice resource for those staring on their debt reduction journey.

Hat tip to The Yellow Piggy Bank. She got a B+!