Blogging Away Debt

From Cashwiki.org.org, the Money Wiki

Blog Title: Blogging Away Debt

Blog URL: http://bloggingawaydebt.com/

Feed URL: http://feeds.feedburner.com/bloggingawaydebt/NCQi

Blogger name(s)/Alias(es): Tricia

Blog start date: February 16, 2006

About the Blog: "Thanks for stopping by my blog! My name is Tricia and my husband and I got into a little bit of debt in our 20s. Okay…it’s more than a little bit of debt. When we finally decided to shape up our financial life in February of 2006, our credit card debt was over $37,000. I know, I know…how can someone let their debt get that high?

Part of it was due to attempting to start our own business. It didn’t work out, but we spent the money on expensive equipment that we needed. Then, the rest of our debt accumulated throughout the years. Trust me when I say this, spending more than you earn is a recipe for financial disaster. Years of spening more than we earned is why we ended up in a pretty bad situation.

In February of 2006, I decided that things needed to change. We were close to being maxed out on our credit cards and with a young son, this wasn’t the life we wanted to lead. Worrying about being able to pay your bills and being able to afford groceries is not fun. It was also a little depressing that our net worth was a big negative number. We were almost 30 and we should have a positive net worth and be saving for retirement." -- from the About page

Approx post frequency: daily

Blog Categories (on this wiki): Personal Finance Bloggers, Frugal Bloggers, Debt and Credit Bloggers

Specializations: frugal living, personal finance, credit cards, saving, reducing debt quicker, spending

Highlights: Money and Relationships, Keeping Motivated

Memberships/Other Sites and Projects: Blogging Away Fat

This article is based on an article from Finwikian, available under the GFDL, content later converted into CC-BY-SA.