Love Yourself Not Your Lacefront - Brass Knuckle Finance
- Created on 05 March 2015
Is low self esteem expensive?
Jarim Person-Lynn is challenging us to look in the mirror and question our motives and behaviors as it relates to personal finances. Low self esteem can be expensive. Does that self esteem problem have a significant impact in 76% of Americans living paycheck to paycheck? Quite possibly.
Single Mom Dumps $130,000 in Debt
- Created on 02 March 2015
Dumping debt can be a challenge for all family structures. The single parent household is a growing trend with 25% of American households being headed by single moms and 6% by single dads. (Source)
Single parents may find it particularly challenging to balance the duties of work and home while fixing finances alone.
It can be done.
For advice specific to single parents, I turned to a person who has walked the walk and come out on the debt free side of life. Aja Williams paid off $130,000 of debt while raising a magnificent son and she offered the following 5 points to help single parents who desire to live debt free.
Credit Score Importance While Pursuing a Debt Free Lifestyle
- Created on 23 February 2015
The FICO (or credit) score is a measure of how you manage credit - or debt. A FICO score is a three digit number created via a top-secret formula by the Fair Issac Company.
The FICO score is calculated based on the amount of debt you have, your payment history, and the length of time accounts have been open among other things. A score closer to the maximum of 850 connotes good things about your risk worthiness in the eyes of the financial industry.
As someone who encourages a break from the reliance on debt, theoretically I should also rail against an appreciation of all things FICO. Most famously, Uncle Dave (Ramsey) calls the FICO score an "I love debt score". He's known to tout his zero credit score and freely shares a disdain for all things FICO.
I get it. I do.
Divas Around Town + Travel Tips
- Created on 21 February 2015
This month, we've been participating in the No-Buy Month challenge in conjunction with the Savvy Brown blog. Taking a financial fast from spending while focusing on essentials only provides for a time of financial self-reflection.
While I'm not a huge shopper (I only grocery shop regularly because the food runs out), this is still a great challenge as I justify my non-food spending.
I love to spend money on experiences and activities. So this month, I've been writing a lot about enjoying life while pursuing a debt free lifestyle. Finding recreational activities that fit nicely into a reduced budget will improve your chances of sticking with a debt dumping plan.
We've been busy spreading the debt free living message. Over the past few weeks, we've had the privilege of sharing our thoughts with a few new audiences.
You may have missed an announcement or two. It's been such an honor to contribute to the public discourse via a number of generous hosts.
To keep everyone in the loop, below is a list of fabulous blogs we've been able to fellowship with over personal finances:
The Cost of Romance with LaTisha D Styles @ Young Adult Finances
- Created on 19 February 2015
Love is still in the air. As such, revisiting a popular series seemed appropriate. The Cost of Romance looked at how relationships and personal finances intertwined. This can be a touchy subject, but one we should master for healthy relationships.
Since the dating game has changed slightly since I've been involved, we invited a few personal finance experts with more recent experience to share their perspectives.
Our guests did not disappoint.
6 Budget Friendly Winter Fun Tips @ Graceful Little Honey Bee
- Created on 17 February 2015
It is 18 degrees outside today.
That's downright unreasonable!
The cold has a tendency to drive us inside for 3 to 4 months of the year. The energy zapping effects of cabin fever can wreak havoc on our financial focus. Even though the sun seems stringy this time of year, we can trick our systems into a brighter state with 6 tips that I spelled out on a guest post for The Graceful Little Honey Bee.
My Tango with a Timeshare Continues
- Created on 15 February 2015
I wrote this post a few years ago and finally found it! In response to a Facebook question about The 5 Worst Financial Tips I've Followed (So Far), I'm sharing this give further details about my Tango with a Timeshare.
In my previous post - Tango with a Timeshare, I outlined the timeshare process and my unreasonable fascination with attending timeshare presentations. I’m not proud. This time I want to talk you out of buying timeshares or at least provide alternatives to free yourself if you’ve already taken the plunge.
Personally, I’ve had a so-so experience with the timeshare industry. I love to travel and do travel often. I also love to bring along guests. So the larger accommodations have come in handy. Seven years later, if I had it to do all over again, I would have taken my free excursion and run. When you decide to tango with a timeshare, you can expect the following: