Category: Debt

How Small Processes Are Costing You Big Bucks

In 2009, when I was taking over all my dad’s farming operations, he said something very interesting about efficiency. He said, “Everytime you move grain you lose 2-3% of your grain.” Being the prideful guy I am, I immediately tried to prove him wrong. I know I could think of something that would contradict that. …

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How to Modify Your Personal Finance Behavior

mone“But mom…I really need that new toy!” “Dad everyone at school has a new pair of Air Jordans and I won’t be cool unless I have them!” “The next door neighbors just bought a puppy and I want one too!” As a young kid these are some common statements you will hear your kids or maybe even …

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What to Do With a Gold Inheritance?

Last week, Laura commented on my monthly income report and was interested in what I was doing with selling gold/silver coins. She had mentioned that she received an inheritance of gold coins, and what she should do with them. To be completely honest with you, my view of gold has significantly changed since I watched …

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Are Your Financial Decisions Creating More or Less Stress?

Are you doing everything you can to reduce your expenses, but feel like your family is just trying to survive? Do you feel like you are encased in a water tank and you are just trying to keep your head above the water line? For a lot of our readers this visual description is a reality. …

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What to Do After You Paid Off Your Mortgage?

This week I’ve been looking for some motivating subjects. Some subjects to motivate me and maybe some of our readers. It seems like a month after the New Year’s is when everyone’s motivation starts to slump and we quickly lose track of our resolutions. I too easily fall into that trap like I’d suspect a lot …

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What To Do About Unexpected Car Expenses?

As the Christmas season moves in, like a thief in the night (not really but it sounds cool), it puts pressure on our budget. To mount even more on top of the holiday season, we are having problems with our car. Doh!!! Ya we have 140,000 miles on our 2005 Honda Odyssey and we have …

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Mortgage Payoff and The Road to Debt Freedom- Update #2

In July 2013, I gave an update to our readers on where our family was at in our road to financial freedom. At the time we owed $100k on our mortgage, and were on the final 6.2 miles of our marathon debt pay down journey. Today, as I sit here and write this I’m proud …

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