This is my online journal of my journey to get out of debt. I started with over 300K in debt and am slowly hacking away. Google+ Google+
Scott has written 31 awesome article(s).
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It’s been awhile since I did a debt update, so lets take a look at where I’m at vs when I started debtkid.com back in 2007. 2011 was definitely not my best year for earning, especially compared to 2010 and even 2009. I let my work slack off with moving to Portland 2010 and getting [...]
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Sigh, I’m still not a fan of the stock market. I guess being out of the market the last few years has probably cost me financially, but I still don’t think I could take the stress of the ups/downs. The funny thing is that I still watch quite a few stocks, daily even, but I [...]
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I’m fed up with my local bank. They close at 6pm, I usually work til 6pm. So I’m looking for an online checking account that I could use as my wife and I’s primary checking account. I’d prefer to have something with no fees and some sort of mobile deposit option. Here’s the options I’ve researched [...]
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A friend of mine was considering buying a used luxury vehicle (3-4 years old), and while it’s not a car I would ever buy, it fits his personality. However, he is thinking of now buying new because, “The interest rate on a new car is a lot lower, 1.9% vs 4 or 5%” Now, my [...]
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Why so much money? Well, it was just sitting in a savings account earning less than 2%, and I need to diversify my investments a little, but I’m not ready to go back into the stock market yet. I realize there is risk involved with holding a personal loan portfolio, but I’ve met the Lending [...]
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Well, It’s official. I’m married : ). And it’s awesome. : ) : ) : ) Yes, that was three smileys in a row on a blog. It’s a strange feeling…sometimes it feels strange, but I’d say 99% of the time, everything feels the same with my now wife, which is great, because we are [...]
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If you’re facing foreclosure, getting behind on your payments, or need to move but are “underwater” with your mortgage, help may be on the way. The new program is called: Home Affordable Foreclosure Alternatives After the government’s abysmal failure to modify loan mortgages, they are finally giving some help to the win-win situation: a short [...]
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Back in 2006, getting a mortgage to buy a home was about as easy as buying a tub of butter. Except, well, you actually had to PAY for the tub of butter upfront, whereas you could get a loan for the house. Even for the self-employed, there were NINA (no-income no asset) no-doc loans, or [...]
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Being engaged is a strange place in life. You’re no longer just “dating” and yet, you’re not yet married. It’s a heck of a lot of waiting. Waiting to move (more on this). Waiting to live together (til after we are hitched). Waiting for checks to come so I can pay off more debt (I [...]
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With the recent passing of my fiancee’s mother…and her subsequent life insurance policy squabble (we are not involved in it thankfully), I’ve been thinking…. do I need to buy life insurance? With a wife now in the picture, and the 105K or so I still owe my mother, I think it’s worth looking into to. [...]
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As a dumb 20-something, I day traded away over a quarter-million dollars and found myself deep in debt.
This blog documented my journey through bankruptcy, a short sale, living in my office and more. Now it's a resource for thousands of people in trouble every day.
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