At the end of last month, I updated my debt payoff plan with a goal towards paying off my credit cards by next April and my personal loan by next summer. After I underwent this exercise, I started to explore my other options for paying off this debt. I had already used virtually all of my emergency savings to pay […]
Case Study: Inherited IRA to Pay Off Credit Card Debt? Read Post »
I need to stop using credit cards. There, I said it. As I embark on my journey to FI as a “late starter” post divorce, I quickly realized that using credit cards is the fastest way to derail my journey to FI. I’m in the process of retraining myself how to live a frugal life. For 17 years I’ve been
10 Reasons I’ve Decided to Stop Using Credit Cards Read Post »
MAJOR UPDATE: This week (October 1, 2024) I withdrew enough money from my inherited IRA to pay off all my consumer debt, leaving only a few payments on my student loan, my car loan, and mortgage debt! But if you would like to read about how I had “planned” to pay off this debt in the next 8-12 months, read
My Debt Payoff Plan: The First Step to Financial Independence… Read Post »