Baby Step Two, DONE!

Success has been achieved!  A mountain has been scaled and a once inconceivable objective is now marked done and DONE! Debt is largely accepted as normal and we’re so easily swept into that mentality.  Often we’re so numbed to debt as normal that thoughts of getting out of it don’t surface until it’s too late.  Getting out of debt then becomes an impossible task.  It is overwhelming. ...

Sallie Mae Can’t Count

I’ve shared before my opinion on handling frustrating customer service situations – rather than try to reason with a script reading, non-thinker in a cube half way across the country (perhaps half way around the world), if I’m materially aggravated, I’ll draft a letter to the CEO.  Admittedly my results have been mixed.  The CEO from Six Flags was wildly dismissive, and the CEO from U-Haul...

Views on Money – Part 2: Net Worth, Balanced Perspectives, and Opportunity Cost

Welcome back to our study on the Views of Money.  After resetting the contextual baseline, we’ll jump into Part 2 Net Worth, Balanced Perspectives and Opportunity Cost Money is important.  It is the lifeblood of our society.  It is our economy.  In the context of our modern culture it is a requirement for our day to day living.  If you doubt this notion, imagine yourself penniless for the next...

Views of Money – Part 1: Objective Setting and Simple and Advanced Cash Flow

Money is important.  It is the lifeblood of our society.  It is our economy.  In the context of our modern culture it is a requirement for our day to day living.  If you doubt this notion, imagine yourself penniless for the next 30 days. Money also is dynamic.  It is huge in the context of government spending programs or corporate initiatives.  Equally so, it is small measured against our next...

Dollars Spent

The other day I was about to grab lunch at work.  Lunch at work for me is a boring affair.  On Sunday evenings I run a sandwich making assembly line which churns out 5 identical turkey sandwiches for my daily noon time feedings. On this particular day I thought about the pattern I was weaving and I realized that it has been several weeks since I’ve spent money on lunch.  My guess was that it...

Mortgage Interest Is Tax Deductible, So What?

A couple weeks ago I was exchanging emails with a friend – and reader – and during the exchange he shared from a discussion he was having with a co-worker about tax deductible debt – think mortgage.  It seems that his co-worker – a CFO, trained in the ways of finance – was in favor of maintaining a mortgage for the purposes of the tax deduction rather than paying off the debt as quickly...

Year One

  Today marks DoYouDaveRamsey.com’s one year anniversary!  This is the milestone I’ve been targeting from the start.  I marked time by writing about my 1 month and 6 month anniversaries, but the 1 year mark was the unattainable goal in my mind. I say unattainable because writing to a recurring deadline is something of a challenge.  At least it has been at times for me in this busy year of transition. ...