Debt-free

No Good Debt, Part Two: Student Loans

January 20, 2012

If you want financial freedom, you need to get out of debt. And the easiest way to do so is to…drum roll, please…never get into debt in the first place. But we have been told that certain kinds of debt are “good”. Last week we talked about car loans; this week the focus is on [...]

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No Good Debt, Part One: Car Loans

January 13, 2012

If you want to get out of debt, questions like, “Should I get a car loan?” need to be eliminated from your conversation. Yes, yes, both Jerry and I carried a car loan on our second cars (I bought my first one – a very used Chevy Nova – with cash, and Jerry’s parents gave [...]

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The Evils Of Financial Independence

December 9, 2011

It’s likely that you have heard the terms financial freedom and financial independence used interchangeably. And you may have heard others argue that no, they are not interchangeable; each one means something different and don’t you dare ever forget it! Recently, I read another person’s blog post where they were arguing that financial independence should [...]

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SIYB Episode 13: Is There Such A Thing As Good Debt?

December 7, 2011
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Is any debt good? Can you attain financial freedom even if you still carry some sort of debt? In today’s culture – at least in the United States – many people would answer “yes.” How can you have a decent car unless you have a car payment every month of your life? In order to [...]

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Three Reasons You Should Be Working Toward Financial Independence

September 16, 2010

Financial independence can be thought of in two ways: You work for yourself, or own a small business, and therefore your income depends solely upon your efforts, not on the whims of corporations who decide who to hire and fire, promote and demote. You earn and invest until you have a nest egg in at [...]

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Three Steps To Out-Of-Debt

July 8, 2010

Getting out of debt is key to your fulfilling your potential. Why? Owing money to another person is bondage. Bondage means you are not free. And if you are not free, you will be restricted from taking the required actions to live out your dreams. Getting free of debt is neither easy nor fun. It [...]

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Your Road To Financial Freedom

February 15, 2010

Financial freedom can be yours within ten years. Perhaps even less. You don’t have to spend your whole life at a job you don’t like and wait forty years for your investments to grow to a comfortable level. And you don’t have to take huge risks to work toward that freedom. But before I go [...]

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