DISQUS

Leigh · 4 months ago

Great tips! I've just recently started doing several of these things myself.

Baker · 4 months ago

Flexo,

Proving once again why you are the man! I love small actionable steps like these... they are a huge part of the struggle to overcome debt.

I personally like #26 ;-)

AJ · 4 months ago

Great list!

Flexo · 4 months ago

Thanks for the comments!

Jason H · 4 months ago

I have to take some issue with #41. If the hobby is what makes you happy and you can control your level of spending in that hobby, then you should keep doing it. I am a bicyclist and have a small stable of $1200+ bikes along with the assorted equipment for riding and servicing them. Not to mention the race entry fees. If I didn't have this hobby I know I would be a much less amiable person to be around. So while getting out of debt is great, if you make your life miserable in the process then you won't stick to it. Personally I have a small side account that I put money into each month that I buy my equipment from (except emergency repairs, they seem to crop up when I don't have immediate access to that account).

ReneeD · 4 months ago

Oh, I noticed this one too - I have 2 horses; one I have had since she was born (I had her dam until she passed) and the other is a 28 yr old "freebie" for my young son. (Yeah, yeah I know they aren't really free....). The younger horse will never leave me; the older one will die here of old age. But I bet my husband is gleefully rubbing his hands together, with an evil laugh as he sees this one! Bwuuuhahahah!

H Lee D · 4 months ago

#16: I would *love* to move into a less expensive house, but we bought during the boom and our house had major structural problems (that didn't show until we'd lived here about a year or so) which cost $65K to repair. We're not upside down (thank goodness for a large down payment), but it would a significantly long time before a move would pay off. (Instead, we're looking to refinance and go solar, which won't do anything to our mortgage but should do good things for the electric bill.)

#48: be careful about how early. If you pay *too* early, it won't "count" as your regularly scheduled payment. I'm not sure what the magic window is, though.

Carline · 4 months ago

#51 If you are not in debt, do these things to stay debt free!
#1 should have been STOP BUYING more stuff you do not need. Instead use what you have to make extra cash and get what you want without spending a dime with toolzdo.com