A Straight Talk on Debt gives you the real deal on debt, straight from our employees and industry insiders. Learn more about our debt relief plans and important industry updates.
Every time I think about my personal financial situation I look back to the way I was raised and say to myself, "How did I ever get into the financial messes I have been in, my parents never seemed to have these troubles?"
I often wonder how my parents survived, raised us kids, sent us to college and built up a hefty retirement fund; together they made less money than I do today.
Of course there has been inflation, and maybe I don't know about all of the struggles they may have had a long the way. Still we always had what we needed and never went without.
My father saved up until he could pay cash for their home, cash for their cars, and cash for our college education. Sounds impossible right? I thought so, and I had to ask him, "How did you do it?"
My dad's timeless piece of advice, "If you can't afford it, you don't need it!"
If only I'd followed that advice...sigh.
Today's post includes some more timeless pieces of advice from some of my favorite personal finance blogs.
Stop the Cycle of Financial Debt and Future Mistakes @ReadyforZero "I fear that when I become completely debt free, I'll slowly find myself back in debt because I wasn't being careful. For a good part of my life I grew up thinking I will always have debt payments and that debt is "normal". It can take a lot of effort and time to reverse that wrong type of thinking. If you want to change your future, and avoid future financial disasters, these steps will help you along the way."
7 Basic Tax Strategies For Salaried Employees @TheDigeratiLife "There are but few words in the financial vocabulary that strike fear in me, and TAX is one of them. The annual chore of preparing and organizing my financial documents that comes around February or March never fails to raise forth in me just a tad bit of anxiety, perhaps because at the very end of the exercise, I find out, like in most years of my existence as an income generating individual, that I will once more pay out what seems like an enormous sum from my coffers - a sum that was just getting comfortable where it was situated in my savings account, kicking off a few nice rounds of interest and dividends."
Suzanne is a certified credit counselor and a Social Media Specialist for CareOne Debt Relief Services. Suzanne writes for Divorce, Debt and Finances and A Straight Talk on Debt. Follow Suzanne on Twitter @SuzanneCramer1 and @AskCareOne where she shares her insights on divorce and managing your finances.
Great list of posts! Thanks for including me!
Thanks for the mention!!!!