Blogging Away Debt Our Journeys to a Debt-Free Life

by Tricia

This week’s highlight blog is another personal finance blog, and the blogger has a very different financial situation than I. While my net worth is still a big negative, his net worth is creeping up on $600,000.

Here are a few reasons I visit his blog:

1.)  He is very thorough with explaining and analyzing things. A good example is his look at a possible move to Chicago.  I like seeing that detail, and it motivates me to really think before making decisions that will affect our finances.

2.)  He posts net worth increases like this one. Having an increase of over $25K in a month is awesome! You may wonder if I am jealous about that. Of course, it would be nice to have net worth increases like that, but I’m not really jealous. Instead, I am very thankful he is blogging about his finances because maybe I can learn valuable information!

3.)  He’s a Quicken Nut like I am. I say Quicken Nut in a good way though 🙂

4.)  He discusses asset allocation. That’s still a pretty new thing to me, but I am learning. Once our debt is gone – we will be in the saving and investing arena (that still sounds very weird to say).

Makingourway, thank you for blogging.  For this family in debt, you provide an inspiration to where we would like to be financially some years down the road.  Keep blogging – I’ll keep reading and learning 😉

by Tricia

The last time my husband and I received a professional hair cut was in May of 2004. It cost us $18.00 each. So, if my husband received a hair cut once a month (probably realistic for a male, right?) that means we’ve saved $216.00/year on his haircuts.

For me, I’m not sure what is realistic for the visit frequency for a female, but I’ll guess once every three months. Total savings from me – $72.00/year.

Grand total possibly saved = $288/year

We bought a good pair of hair cutting scissors for $7.00. I cut my husband’s hair and he helps cut mine. For my hair, I start it by cutting it to the length that I want. Then, my husband comes in and evens out my cut. I’m getting better at making it even first try so eventually he may not even have to help. I should note that we both have straight hair and receive straight cuts. Nothing fancy with our haircuts.

As for my son, he’s never had a professional cut. His hair is cut by mommy. I have no idea what the going rate is for a child’s haircut so I didn’t factor that into the savings. I’m sure it would put us at saving over $300/year.

I also have been my natural hair color for some time now.  I used to dye it blonde but it really wasn’t worth it to upkeep the color.  Plus, after abusing my hair for a while I’ve come to appreciate it’s natural state (it has blonde, light brown and red in it).  So I guess that would put the savings up a little bit more 🙂