From the monthly archives:

March 2007

my current debt

by debt kid on March 28, 2007

I’ll keep this post updated with the most recent screen shot of the basic form of my debt spread sheet

{ 16 comments }

the times they are a changin’

by debt kid on March 28, 2007

The Housing Situation (good news)

So, I’ve mentioned that I am trying to short-sell my home (with its over 4K a month mortgage payment). It got an offer this week, and now it will be up to the 1st and 2nd Mortgage companies to decide to approve it or not. If it goes through (which, I [...]

{ 7 comments }

nothing to lose, everything to gain

by debt kid on March 22, 2007

My whole life seems to be turning upside down these days.

I will be living in my office (for at least a short time…maybe longer) in 2-3 months, assuming I can get my house sold
I am no longer in the business I began 2 years ago, and though in the same market niche, am doing something [...]

{ 19 comments }

when life gives you lemons…

by debt kid on March 18, 2007

Make more money.
No, I am just kidding. I don’t believe money equals happiness (although I swear I saw some study about upper-income, but not super rich people being slightly happier…whatever). But in my situation at the moment, I can’t have any fear about trying to make lots and lots of money. In fact…I HAVE to [...]

{ 4 comments }

deed in lieu, short sales, and salsa…oh my

by debt kid on March 15, 2007

Thanks for all the positive comments as of late. I appreciate them, its good to hear some reinforcement that what I am trying to do seems to be the right track according to others. Not that I base all my actions on what others think, but you know what I mean.
Meeting with the consumer credit [...]

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pulling all nighters and loving ramen…

by debt kid on March 12, 2007

I pulled three all nighters at the office last week. And by that I mean I came home at:
noon (the following day), 6am, and 6:30am wed. thurs. and fri. of last week.
Needless to say I was pretty tired. But I got a ton done.
What did you do?
I moved my company webpage, where we host [...]

{ 12 comments }

a subway special and a batch of payments

by debt kid on March 5, 2007

So, I live for the subway special.
It’s not the cheapest way to have lunch (rice, beans, chicken would be cheaper…but that is usually my dinner), but its pretty close.
$2.99 for a 6″ sub. That and a little free water, and you’ve got yourself a good little lunch meal. And today’s special is turkey and Ham. [...]

{ 9 comments }

CitiFinancial….are they in love with me?

by debt kid on March 3, 2007

Sometimes I think the girls over at CitiFinancial are in love with me. I mean, they call me like 4 times a day, and yesterday they even sent me this overnite package with a single page inside! Wowee…
Then I remember they are calling for money. Sigh, oh well.
Check out this letter:

{ 2 comments }

to short sale or negotiate?

by debt kid on March 1, 2007

update 2008 ——> see my guide on short selling my home
I’ve been doing some research on short sales. Great article here:
http://www.inmanwiki.com/Real-Estate/Short_Sales%2C_Preforeclosure_Workout%2C_Short_Payoff
If I didn’t have my 4K in monthly mortgage payments, that would be huge. I have no emotional attachment to the house. In fact, I have more bad memories than good to be honest [...]

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