From the monthly archives:

January 2009

Get Stuck Or Die Trying

by debt kid on January 30, 2009

Are you stuck in a situation? Really, truly stuck?
When you are “stuck” in a situation, you have to deal with it. You have to face it. Confront it. And hopefully, overcome it.
You don’t have a choice when you are stuck. 
I’m stuck right now. I have been for the past few years. I’m stuck [...]

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Making Lots of Money? It’s Time To Shut Your Trap

by debt kid on January 28, 2009

Are you making tons of money right now?
If so, It’s time to shut your mouth about it.
That’s great that you are thriving right now. It really is. But with tens of thousands of fellow citizens losing their jobs every day, now is not the time to brag about how well you are doing.
On that [...]

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The #1 Reason You Can’t Get Out of Debt

by debt kid on January 26, 2009

The number one reason you can’t get out of debt is because you don’t want it bad enough.
Until getting out of debt is more important than:

That $4 latte
Those new running shoes
Happy hour with your friends
Netflix

you’re going to struggle.
Until you are willing to work 3 part time jobs, it’s not going to happen.
If you [...]

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Repairing my credit won’t be easy

by debt kid on January 21, 2009

One of my goals this year is to again try and buy a house. It will probably end up being a small place for my mother, but don’t tell her that yet!
My Current Credit Scores
To hit that goal, I need to have much better credit scores. I pulled my 3 scores from MyFico yesterday and [...]

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Missing My Office

by debt kid on January 20, 2009

While I definitely don’t miss living in my office by any means, lately I’ve been missing my office to work in.
I’ve totally gotten used to working from home, and I know it saves me a chunk of money. But does it really? I feel I’m not as productive as I used to be when I [...]

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Living For Now Without Sacrificing The Future

by debt kid on January 16, 2009

Do you have goals?
Of course you have goals. Do those goals prevent you from enjoying the present?
For the last few years, all I’ve been saying to myself is, “When this happens, then I’ll start living my life”
I’ve been up. I’ve been down. And I’m done always thinking about the future. Yes, I have a [...]

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Heading to Vegas plus some Saturday thoughts

by debt kid on January 10, 2009

The last few weeks have been a bit crazy. Lot of fun Lending Club work. Lots of just ‘life’ stuff (Christmas, New Years, new girlfriend, etc).
And now I’m heading to Vegas!
I’m super excited. I know Vegas is supposed to be this crazy, intense experience. But really, I’m just hoping for a nice relaxing time to [...]

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My Big Hairy Goal for 2009

by debt kid on January 7, 2009

My Big Hairy Goal for 2009…
Improve my net worth by 200K
Money Goals

Max out $12,000 in payback to Mother
Pay off IRS Debt ($30,000)
Pay off car ($10,500)
Settle old business debts (86,000)
Save $70,000 for house down payment (20% of 350,000)
Buyout old investors in my corp ($63,000)
Large emergency fund ($20,000)
Hire part-time employee to full-time ($55,000/yr)

Personal Goals

Get Private Pilot’s [...]

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So, now that I have a girlfriend, I figure I should share the love, right?
Anyway, eHarmony has a free communication weekend that started yesterday and goes until the 4th.
New year, new love maybe? My Dad met his wife online, so I won’t be a hater and say something lame about online dating. The reality is [...]

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2008 End of Year NetWorth Update: ($288,288)

by debt kid on January 2, 2009

Balance sheet as of Jan 1, 2008.

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