Fall In To Better Rates
- Created on 23 September 2014
Autumn is upon us. I hope everyone enjoyed the summer. As we prepare for a change in seasons and refocus (if you’ve fallen off) on eliminating debt, I encourage you to review your rates. What interest rates are you carrying on existing balances? Have you been penalized with penalty interest rates due to late payments? Did a teaser introductory rate expire and convert to exorbitant highs? Working a debt snowball can create tunnel vision. The smallest debt may receive all of your attention. However, before the hustle and bustle of the holiday madness sets in, let’s make sure interest rates are in the best possible position.
Power of Community Update
- Created on 21 September 2014
#teamdebtfree – WE DID IT! My #team2legit running buddy, the wonderful Ms. Shauna, and I completed our first 5K. It was a struggle. A couple of seasoned seniors passed us up with a mean power strut. While I giggled – inside – at the imagery, the activity of those around us was inconsequential. We got it done. Our journey to 5K completion, just like your debt dumping experience, might not look like the others with a few more years in the game. The goal is and was – completion.
Our experiment will begin on October 1. Sign up here to join the group. As previously stated, race training and dumping debt have shared qualities. A little encouragement is an amazing force. A lot of encouragement can make you unstoppable.
My family joined us at the race start to cheer us off (even though WonderMan was under the weather and the wind had a serious attitude).
The Power of Community
- Created on 15 September 2014
Those on the debt free journey with the Debt Free Divas know full well that we advocate partnership when cleaning up a financial fiasco. Partnership in the sense that members of the team keep one another motivated, accountable, and supported. That team can be two friends or an entire commune working towards a resolution. In theory, this concept is fantastic. Practically speaking, schedules may be harder to align as work, family duties, and – let’s be honest – play time can make it harder to connect consistently.
We’ve found the research (3 Steps to Phenomenal-ness). Addressing goals in groups leads to a 33% increased possibility that said goals will be achieved. Let's review my latest group experience. Weight loss is a challenge for many. I'm no exception. Add in a rather ravenous pregnancy period and I have a mammoth hill ahead to climb. I’ve conquered this challenge before, but with two kiddos under two, my excess energy level left for exercise was limited. Enter an exercise accountability group. Of course, we didn’t refer to our weekly gathering as such. In hindsight, that’s exactly what it was. A group of friends meeting weekly for a brisk walk on the lake, a bit of gabbing, and a whole lot of spurring one another other on. Encouragement! The Power of Community Accountability Experiment