Before I get started, I want to share a few frugal finds that might help your budget!
Here is a free budget guide with links and helps! Now onward . . .
How to Change
In Latin, Mea Culpa, means "through my fault." Debt is something, we must, like the Roman soldier, pound our chest and say, "Mea Culpa." By wrong choices, my husband and I have debt.
Here are our Top 3 Mistakes:
This was the situation we were in that lead to our Financial Freedom 101 changes!
How to Set-Up a Debt Snowball
Use this free debt-snowball calculator at Crown.
How to Do a 1 Year Debt Snowball
Before you start, try to eliminate any monthly payments that you can now! Cancel monthly subscriptions to all things! Try to have no car payment.
Here's how to do a 1 year debt snowball (with sample):
What if I owe $24,000 or more?
What if I want to pay-off even faster? Try the 1 month debt snowball.
How to Do a 1 Month Debt Snowball
The 1 month debt snowball is NOT for everyone, but it does work. We did it before (not for debt reasons) and we're doing it again. Selling the home! Here's what to ask:
Did my home value . . .
We answered yes to all of these, so it is to our benefit to do a 1 month debt snowball.
Here are a few more things we considered:
*A lot of greed has entered into the health care industry. Prices are so inflated that many people can not afford health care or health insurance. As we shopped around, we found that an echocardiogram could range from $200 to $800. Conroe Regional Medical Center turned us away from a very important heart procedure when we wouldn't pay them $8,000 upfront. We found out that Medicare pays about $400 for that same procecure. After confronted, they said we could pay $800. When we asked for itemized bills, we found that one hospital was charging $100 per tylenol pill! Take Action! Talk to your representatives! We need a federal law that limits how far over the national average a medical facility can charge.
Write something about yourself. No need to be fancy, just an overview.