Why Are We in Debt
- Created on 03 March 2014
The MISSION POSSIBLE challenge will hold the first Team Debrief. This is a time for participants to connect, reflect and recharge. We’re moving through The Total Money Makeover by Dave Ramsey. The initial chapters have us doing some introspection and evaluating long held attitudes toward debt. As Uncle Dave says, we’ll be dealing with “the person in the mirror”.
Feel free to join us on this FREE webinar. Register for either session and get ready to dump debt!
See you online!
Excuse Me, I’m In Debt
- Created on 28 February 2014
Have you ever considered the excuses used to justify racking up the huge debt levels? “I deserve it”. “I’m treating myself”. “You only live once”. “I needed it”. Lately, I’ve been inundated with excuses. Excuses why it was done. Excuses for doing it moving forward. I get it. Everyone arrives at the debt free depot on their own steam and in their own way. Until then, own it. No excuses. Excuses connote a certain level of discomfort with a decision. If your current financial lifestyle floats your boat, there’s no need to convince yourself…or those around you. Just own it. If not, then excuse me, ix-nay the xcuses-eay…lease-pay! If not, read on.
We have excused ourselves into a tenuous situation.
A Short Sale Short Story
- Created on 25 February 2014
Our short sale saga is winding down. Now that I can relax, relate and release; it’s time to pen the pros and cons of this experience. In an earlier post on the Point of Points, I explain exactly why the short sale option was considered. Now, let’s talk how.
There is one glaring lesson from this experience. BE PATIENT! Who knows why approvals, correspondence, and information took soooooooooo much time. Deadlines continually passed and required renewal. If time is of the essence, a short sale may not be your friend. We submitted an offer in September and plan to close toward the end of February. Compared to traditional home purchases or even auction deals, the short sale process lasted a great deal longer.