Debt to Dreams

Even before running the numbers for our household I can predict that 2008 will not be as financially successful for us as 2007.
In 2007 we were able to take advantage of having two incomes, one household and no children to pay down some debts and accumulate a comfortable cushion of cash for […]

I took a portion of my time off during the holidays to update my accounts in Quicken and analyze where we ended up spending our money over the past 12 months.
I was quite disappointed to find that we were $20,000 over what I had guessed our yearly expenses would be in 2007. […]

With 2007 now behind us I have been taking note of what we have accomplished in a year’s time. .
Last year was a year full of firsts for us:

It was our first year of marriage
It was our first year with a combined household of income and expenses
It was our first year of truly […]

After catching up on some reading this holiday weekend, I never envisioned that at the ripe old age of 30 that I would be out of touch but I just had to marvel at an article the most recent issue of Money Magazine.
Of course, all kids need stuff, and there’s no reason […]

I am currently in year 8 of my post college education and the only asset I have accumulated in that time is my ability to earn an income as a skilled worker. I am completely dependent upon my ability to work to repay my debt, pay my expenses and accumulate wealth(just like most other […]

After a steady start to the year, the market turbulence continues to make its presence felt.
Our balance sheet shows more outflows than inflows due to the renewal of family insurance policies and one time expenses related to the holiday season. This increase in spending made it difficult to offset out loses with […]

Yesterday marked the first full year of our journey from my six-figured educational debt to financial independence.
We have made quite a bit of progress over the past 12 months, increasing our net worth by almost $40,000.
We have been able to do this with the simple strategy of spending less […]

In the past 10 months that my wife and I have done an adequate job of limiting our expenses and accumulating capital in the form of cash savings. We are almost able to live off of one income and we have accumulated enough cash to pay our living expenses for 6 months in […]