Research and Recommendations

It’s been quite a week! We’ve been so surprised at the support and encouragement from all of our friends – old and new – and people we’ve never even met.  It’s going to be an exciting road, and I’m looking forward to journeying down it.

I’ve received quite a few recommendations and interesting links this week from friends, and I thought I would share a few with you, along with a few financial sites I frequently visit. Some might be helpful for others in this situation, and some are appropriate for anyone interested in finance and debt issues.

Grocery Shrink

Good ideas on how to shrink your grocery budget.

All Financial Matters

A personal finance blog with good information on current financial events.

Step Away from the Mall

Nick writes a personal finance blog with a lot of good advice on spending.

Debt Reduction Planner & Calculator

A great tool for planning how to reduce/eliminate debt.

Eliminate My Debt

Great advice and an extensive list of suggestions for making extra money.

 

There are more sites that I’m investigating, and I’ll continue to share them as I come across them.

Where do you get financial advice and information?

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7 Responses to “Research and Recommendations”

  1. Jerry Ross says:

    I'm proud of you guy! We have been credit card free for a couple of years now and no car payment for about 3 years. Of course, we drive junkers, but it sure is nice not to worry about it. The only debt we have left is student loans and house payment. I thought that getting this job with General Cable was going to help with all that, but it hasn't. I'm still just making enough to survive. We have some plans to improve our income, so we should be able to be completely debt free in about 3 to 5 years.

    Keep up the good work. I wish I had started this plan when I was your age!

    Jerry

    • admin says:

      Thanks, brother! Just knowing that other people have done it lets us know it's possible – no matter how far away it seems right now. Y'all are our heroes. :)

  2. Louise says:

    thanks for the mention. You've done really well and so quickly which is great!

  3. Pam McCormick says:

    Totally impressive! Always a struggle but the freedom….we are closing in on 60.We made many mistakes but did some things right like,bought small cape cod in 1981 and paid it off as soon as we could.Chose to only have 1 child, worked opposite shifts to raise her(no child care costs), no expensive hobbies,cook most meals from local ingrediants bought at public market,do all the classic frugal things(pack lunches,drink water,coupons,free activities) yada yada but the most important thing is to keep compounding sort of like money.The more frugal things you do it sort of picks up steam and snowballs! Then lastly those actual saved dollars need to get put aside-saved in true fashion not hypathetically.Every dollar coming into a household has to have a claim on it.

  4. How we started four years ago – with a simple excel spread sheet – writing down our every expenditure and looking once a month where the money go.

    This is very simple, but will tell you thousand words! Good luck on your way to financial independence.

  5. B aaron C says:

    You may not be under 30 anymore, but its OK, the creator of http://www.moneyunder30.com/ isn't either. David's main debt teachings are similar to DR, but he doesn't preach deprivation and there's always new content.

  6. Nick says:

    Thanks for the mention with the other great sites! And great to see how well you're doing!

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