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Friday, May 23, 2008

Live Debt Free

Zen Habits is a blog I recently found while Stumbling and right off the bat I found myself reading and enjoying 73 Great Debt Elimination Tips. While I do not sanction each and every one of the 73, there are some very useful tips provided for anyone that is striving to become debt free. As for #7, while it may be necessary for some people to actually cut up their credit cards in order to resist the urge to overspend, credit cards can be a powerful tool to becoming debt free and financially secure when used correctly. Lack of maintaining revolving credit lines in good standing will actually lower your FICO score, which will have an overall affect on your ability to purchase a home or even get some jobs. Still, this post is an overall great find worth reading as long as you know that to become debt free is more about taking control of your spending habits than anything else. Of the 73, another tip that comes to mind is #12. A simple board game played by your entire family can provide countless hours of entertainment with a one time price.

7 comments:

Brandi Magill said...

Great tips!

David Tamayo said...

Everything is about taking control and making life what you want it to be. Your site gives useful tips on just how to do it. Thanks.

Mohamed Taher said...
This comment has been removed by the author.
Mohamed Taher said...

How does one submit a blog for review?
Are there any benchmarks that you follow? I am interested in supporting your cause. Will wait for your response.
I came here from a-- personalfinance.blogsome.com -- buddy's Blog

ANKIT GALA said...

Can u post a blog review of my blogs
http://blogforeducationnews.blogspot.com

Gaida said...

I discovered Zen Habits some time ago and really enjoy their posts.

They have a handy 10 popular posts in each by category at the bottom covering a variety of topics so you can see at a glance posts that can be of interest.

I haven't read the post you mentioned so will head over and check it out. I also agree that your credit card can be a powerful tool if used correctly....

Unfortunately a lot of us have the 'must have' now mentality.. only thing is it still has to be paid for when that bill arrives.

Casey Brown-Myers said...

Dave Ramsey(finanical peace) is a great course my wife and I are taking
to rid ourselves of debt. It is hard, but it will work over time.
http://caseybrownmyers.blogspot.com