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TGIF – Friday’s Blog Highlight

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I was so engulfed in shopping for health insurance that I almost forgot that today is Friday!

Today’s blog is one that was a big inspiration for me to take action against my debt. She started with a total of $19,794.23 back in May of 2005 and her last payment towards her debt was in July 2006. A little over a year and she is now debt-free.

In her very first entry, she reveals that her debt started when she was 18 with a $500 limit credit card. That’s exactly how mine started too.

She also would post on ways she saved money, and even ended up saving money on car insurance after she moved and updated her address.

She also shared reader success stories to show how others were reducing their debt.

Defying Debt…in 2 Years is now retired for the debt chapter in her life is closed. Normally, when authors stop writing on their blogs I remove them from my blogroll. But not this one. For anyone fighting debt, it’s nice to read from start to finish from someone who did it.

Thank you lpkitten for sharing your story and helping to inspire me to finally become debt-free 🙂

If You Need Health Insurance, Live in Michigan and are 19-30…READ THIS

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I don’t know if this is a new program or I was just blind the previous times I have been looking at health insurance.

Blue Cross Blue Shield of Michigan has a plan called Young Adult Blue. For less than $50/month you can have health insurance so “an illness or injury doesn’t result in catastrophic medical bills” (quoted from their site).

Looking back, we haven’t had medical problems so I could say that we saved money by not obtaining health insurance. Sure, I can say that in hindsight. But right now I know if something happened, all of the work we’ve been doing with debt reduction would be gone. We’d have to probably pay hospital bills with our credit card and it would be horrible.

You are kicked out of this plan when you are 31 years of age. So, technically my husband or I could be on this plan for a little over a year. So we may have another option with this plan.

I don’t know about everyone else, but shopping for health insurance makes my head spin.