A single mom recounts her journey from a debt-riddled existence to debt-free living! She'll never go back! Receiving letters like the one below really make our day.We are so proud of you Marie—keep going!
Question: My daughter is a senior in high school and is preparing to head off to college. We have no money saved for her college expenses and feel like loans are the only option we have. What should we do?
Question: We never have enough money and always have a credit card balance. We’re constantly behind on bills. I’m thinking both my husband and I should get part time jobs on the weekend so we can finally get ahead. What do you think?
Answer: Working more isn’t the answer. Working together is.
If you don’t have a system for managing your income and expenses, and a habit of regularly maintaining and updating your finances as a couple, the extra money you earn will just get spent or be wasted.
Question: Our cell phone contract costs $120 per month for a voice, text and data plan. We are thinking about switching to another service. We need a cell phone in case of emergencies; we have a 3 1/2-year-old daughter. We also have a land line. We live paycheck-to-paycheck and are sick of it.
Answer: Wow — $1,440 per year for cell-phone service sure can put a crimp in a budget. You're smart to be looking for a different plan.