Learning about debt and how to pay it off.

I am doing some research on debt and how to pay it off. Because after all education is the key to any successful adventure right.

I am reading Debt Free Forever by Gail Vaz Oxlade. You can find it at Amazon. I am only reviewing this book for myself and you. I am about 1/2 way through and Gail is very informative.  The hardest part is reading about adding up your debt and taking a good hard look at it. And yes it's hard. Crazy hard. I kid you not doing this just is something that my mind keeps putting up roadblocks. So I started with 2 bills. Electric and my cable. I owe back payments on both. But these are my smallest bills so I am going to start there. I want them paid in the next 3 months. After doing all the math I got a realistic view of how much I will need. It is not going to be easy but I have a goal and a starting point. I will have to work over my budget so I can make my goal but at this point I need to find some success.

Reading Gail's tips on evaluating your debt and take a good hard look at it. Doing some simple math she has made me see that yes it may be possible to get out of debt. But it is not going to happen over night. As much as I would love to have this happen its not. And I need to face that reality.

My long term goal is to get my small debt paid off and then work on the student loans as I wait and watch and read what is going on in the Government and the special interest groups on Student Debt. I realize that even if the possibility of forgiveness is out there. It will not happen in the next few months and it may not happen in the next year. So until then I have to do what I can to work toward start paying it off anyways.

Student debt is big and bad. I run into people everyday who has this debt. We got there because of a dream for a better way of life. Only that dream was turned upside down and was messed up. Life is odd that way.

Burnt out on Student Loan information

Hello there. Sorry to be gone for so long. The summer came and went and I did not get to blog much plus I was burnt out on Student Loan information. There is so much out there now about pushing for loan forgiveness, the Art Institutes, petitions and so on. Truth be told I got overwhelmed in it all and realized I had to make some really difficult decisions.

I want to post some of that information here in the near future. There has been so much going on this summer that it needs to be shared some more so that we can get the word out there. But I realized that none of this as far a loan forgiveness is going to happen anytime soon. I still have to protect what is left of my credit report and I have to move ahead and make every attempt I can to  pay down my student loans.

I made big progress on my other debt! And that is great and one reason my credit has not totally tanked. I did sign up for Credit Karma! Found at Creditkarma.com  and yes its really free. Its a helpful tool when working on credit repair. I can check it anytime I want too. I like this because once a year or every few months sometimes is not enough.

I used to like to coupon. I had time to coupon then. Couponing takes a lot of time. lol. While I love a good coupon bargain I also need to simplify a few things in my life as  well. I hardly been couponing in the last year. I been shopping at Aldi's instead. Also there is 3 adults now living in my house and we all work and we all are not home at the same time. So oddly enough I do not need as many groceries. I do not make a whole dinner during the week so our evening meals have become more simple. But I will still coupon for things like soaps and shampoos, deodorant, pet treats, paper products ect. A lot of the time I can find this kind of stuff or next to nothing and it does not expire as fast either. Save me time and money.

Seasons are changing and so does my budget. I am researching a few things to make over my budget. I been thinking about this for quite some time now. I need to reel in a few bills and get a payoff goal in place. And I want that done before the end of the year so that I can work on my student loans. These has caused problems in my marriage and I need to get a handle on it as soon as I can. Life for me may or may not change because of what happen to me. My husband just does not understand and I do not think he will ever forgive me for what happen.  I fear one day it might come down to me asking him to make a choice. Leave and move on.  I will only ask he help pay on the house. I'll pay everything else. Or he can stay and forgive me and help me get rid of this debt out of our lives. There is more to this also.  We do pay a huge price for the choices we make in life. I never thought that going back to school would be the worst possible decision I would make in my life. But it has. I wonder why God would want my marriage to suffer because of it. I'm not happy about it.  Its not that I do not love my husband but I am not sure how much longer I can live this way. Its not right. Its hurtful. I got in over my head because I thought I had to get educated and get a better job so just in case my husband got sick and could not work I would be able to support us. Him getting sick, having a heart attack, having diabetes are all reasons I decided to go back to school. Our daughter was also still in school and I worried how I would take care of her. Had I just trust in us and God I should've realized that we was Ok and that no matter what could happen we would find our way through it. Now here we are facing a huge problem and I am here by myself trying to find my way through it alone. It sucks.