In my quest to pay off my debt so I can trade live again, I just checked my credit card balance for Mission 2. I have made a little progress, but it is nowhere where I need to be in order to get it paid off soon. The reason is that I had to do [...]
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In my quest to pay off my debt so I can trade live again, I just checked my credit card balance for Mission 2. I have made a little progress, but it is nowhere where I need to be in order to get it paid off soon. The reason is that I had to do [...]  It’s been awhile since my last debt post so I thought I would provide an update. At the last update, the balance on my Mission 2 credit card was $12,181. That was back on March 28. Since then, I have realized I should be using every trick I can to bring the balance down as [...]  In my quest to get out of debt, I have been racking by brain to give myself every possible advantage. How do I pay everything off in the least possible time. Then I had a flashback… When I was investing in real estate, I learned about the concept of bi-monthly mortgage payments. The idea is [...]  Here is a post about how buying a motorcycle allowed me to cut my monthly expenses by about $314 and help put me on track to pay off all my debt. It is not something that I recommend, but it has been a great experience for me. [...] Mission one was easy with the help of my trading account, but Mission two will be a different story. Find out how much this mission will cost me and how I rewarded myself for reaching the first goal. [...]  For about the last three years, I have been trading the same $2,000. It’s been a little more at times and sometimes a little less, but my breakeven trading has allowed me to keep this money intact. During this time, I protected my trading stake at all costs. I felt like this was my ticket, [...]  There are two schools of thought when it comes to paying off debt. One is the debt snowball and the other is highest interest first. Find out why I won’t be doing either of these. [...]  In a post earlier in the week, I vowed to stop trading live money until I get all of my debt paid off. It is a tough decision, but I will not trade my best until I get that gorilla off my back. But it’s not as easy as it sounds. [...] |
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