Episode #1 – Welcome & Debt Elimination
Welcome to the first show!
Well this one is a bit rough, I hope I can smooth out the audio and whatnot in the next few episodes, I had to edit out a ton of “umms and ahhs” I have lost my touch since my days in the industry..
Today I discussed debt and getting out of it. Eliminating debt is one of the most important things you can do to improve your life, that is why I made it my first episode. It also has the most resources available if I screw this up.
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Today’s links.
- Great and motivational blog from a great friend Climbing Out
- Dave Ramsey’s Book The Total Money Makeover: A Proven Plan for Financial Fitness On Amazon, yes if you buy from this link I get a piece, feel free to buy it however you wish.
- Debt Snowball Calculator http://www.whatsthecost.com/snowball.aspx?country=us
- Great Podcast about “building a better life” don’t be alarmed by the title http://www.thesurvivalpodcast.com/ – The Survival Podcast, by Jack Spirko
I’ll try to get another show out by the end of the week but we have guests so working around them is difficult.
Good work. We have been working on the debt issue too, and using the snowball payment plan. I’ve heard of Dave Ramsey before but never read his books. That $1000 emergency fund is a good idea. We will implement it.
That emergency fund is critical to “keeping on the path”. It will give you the confidence and security you need to know that in most situations “everything will be ok”. Like if your refrigerator dies, or your wife’s computer dies, or her cell phone dies… Grrrr.
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[…] Oh remember this episode about debt elimination, yeah neither do I, perhaps we should check it out eh? https://www.momenttoponder.com/2010/08/07/episode-1-welcome-debt-elimination/ […]