Archive for November, 2007
Get Out of Debt in 9 Steps # 4 – Create an Emergency Fund
Thursday, November 22nd, 2007
The personal savings rate in the U.S. is currently under 1%. Not quite negative territory as we often hear in the media (it was actually only negative for one quarter in 2005), but 1% is clearly not enough. Personally, I never had much more than $100 in a savings account until I started my [...]
Comments - Posted in Emergency fund, Get Out of Debt Series by Eden
Get Out of Debt in 9 Steps # 3- Turn Your Junk into Cash
Wednesday, November 21st, 2007
If you have been living beyond your means for a while and spending frivolously with credit cards, you probably have a lot of ‘junk’ in your house that you don’t need and never should have bought in the first place. It’s time to get some of that money back! This isn’t easy, and it [...]
Comments - Posted in Frugality, Get Out of Debt Series by Eden
Get Out of Debt in 9 Steps # 2(b) – How to Make a Budget
Tuesday, November 20th, 2007
In the previous step, I covered why you should make a budget and now it is important to talk about how to make a budget. As with any new thing you endeavor to do, the best advice is to start now and start with something, don’t worry about making it perfect on your first try.
No [...]
Comments - Posted in Budgeting, Get Out of Debt Series by Eden
Get Out of Debt in 9 Steps # 2(a) – Why You Should Make a Budget
Tuesday, November 20th, 2007
Step 2 is Make a Budget, but I thought I should break that step into two parts- first explaining why you should make a budget, followed by how to make a budget.
We have all heard that you should run your finances like a business and all businesses have budgets right? Well, I imagine that any [...]
Comments - Posted in Budgeting, Get Out of Debt Series by Eden
Monday Morning Weight Loss Report – Nov 19, 2007
Monday, November 19th, 2007
Last Week: 254
This Week: 254
Loss: 0 pounds
This is a disappointing week on the weight loss report, but I am not surprised. I was really sore after working out last weekend and that kept me sidelined for about half of the week. That wasn’t my problem though, I could have started up again later in the [...]
