I’ve moved to www.unchained55.com!
I’ve made the move from this WordPress.com hosted site to a self-hosted site at http://www.unchained55.com. I’ll still be posting excerpts here but please to pay me a visit!
Latest Entries
Net Worth Statement – August 2016 (and why we spent our Net Worth away)
If you track how your Net Worth is progressing month over month, you may consider how each purchase may affect your Net Worth results at the end of the month. I know I do. And if you’re trying to stick to a pretty tight budget, you may be on a Cash Diet to avoid overspending on your…
Net Worth Statement – August 31, 2016 (and why we spent our Net Worth away) was originally published on Unchained 55
Net Worth Statement – July 31, 2016
Spending in July Ever since we paid off our debt back in June, I’m embarrassed to admit that we’ve let our spending creep back up. We stopped going to the bank to withdraw cash for our Crash Cash Diet which we had started back in January in an attempt to curb our spending and get out…
Net Worth Statement – July 31, 2016 was originally published on Unchained 55
Should we save for our child’s post-secondary education?
The discussion around the dinner table a few nights ago started with Mr. Unchained’s simple question: When is one considered an adult? To his annoyance, I replied that it depended entirely on the situation. Despite his urging to just give him a number, I said that it depended on the given situation and the individual’s…
Private: Should we save for our child’s post-secondary education? was originally published on Unchained 55
How a simple mistake put us back in debt
It’s been a glorious month and a half that we’ve been debt free. It took a total of 10 months for us to achieve that status. But all it took was one simple mistake to put us back into debt. Related: How we paid off $16,000 of debt in 4 months The back story A few… … Continue reading
Net Worth Statement – June 30, 2016
Yikes, it looks like my Net Worth Statements are coming out later and later as the months go by! This last weekend has been exceptionally busy – despite it being a long weekend, it felt shorter than other “short” weekends. Over the 3 days, we managed to cram in one wedding, one birthday lunch, one… … Continue reading
How we paid off $16,000 of debt in 4 months
How we accumulated $16,000 worth of debt There were two major components to our debt. The first, which was the major focus for us, was our Home Equity Line of Credit (HELOC). We started off the year with a balance of $14,777.04, which was an accumulation and result of: Me not having worked for about…
How we paid off $16,000 of debt in 4 months was originally published on Unchained 55
Can this really be? We’re finally DEBT FREE!!!
At 7:30 Friday morning, with one eye still shut, I logged into our bank account to check how much I’d been paid. Last week, I had calculated that as long as my take home pay was over $1,300, we’d have enough to finally pay off our debt once and for all. To my surprise, our… … Continue reading
Net Worth Statement – May 31, 2016
(Oops, this post is a little late – thank you first trimester pregnancy! Also, is it just me, or are jellyfish the most hypnotically beautiful creatures ever?!) Ever since we learned of my pregnancy, our progress with our debt repayment has slowed way down, mostly because I’ve stopped working any overtime. The exhaustion is real my friends (and… … Continue reading
Even baby steps are steps in the right direction…
Ever since we found out I was pregnant just over 3 weeks ago, it seems like our progress on paying off our Home Equity Line of Credit debt has come to a screeching halt. Although that’s not technically true, in the last 3 weeks, we’ve only averaged a debt payment of $380.59 weekly, quite a bit…
Even baby steps are steps in the right direction… was originally published on Unchained 55
How pregnancy affects your finances
Two weeks ago, we were on such a roll in getting our debt paid off. In the 5 weeks prior, we had paid off $8,293.87 of our debt ($4,183.96 had been our tax refund). We had gone from $14,777 at the beginning of the year down to $2,594.23 and even though our original goal had… … Continue reading
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