Dream Crushing Debt Podcast

Dream Crushing Debt Podcast

dreamcrushingdebt.com
A place where we talk about all things money and budgeting. Get Dustin’s take on money management and become inspired to take control of your financial future! Support this podcast: https://anchor.fm/dreamcrushingdebt/support


Labor Day! A Quote To End The 3-Day Weekend
Sep 2 • 9 min
“It is only through labor and painful effort, by grim energy and resolute courage, that we move on to better things.” – Theodore Roosevelt —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
Don’t Get Sucked Into “Good” Labor Day Sales
Aug 31 • 12 min
We all love a good deal and who doesn’t want to save a bit money in the process of buying the things we want and need. However, some deals aren’t as good as they seem and some deals are designed purely to get you to spend money. For example, be wary of…
Ask For A Lower Interest Rate On Your Credit Card
Aug 19 • 14 min
If part of the debt your fighting is credit card debt, give your credit card company a call and let them know you’d like to negotiate your interest rate. It’ll take a bit of your time to make the call and work through any details, but you’d be surprised…
Side-Hustle Series: Downsize on Facebook Marketplace
Aug 17 • 9 min
This might be a great idea of someone who seems to have the knack of selling things online. They know how to price things and handle negotiations. It’s a great way to de-clutter your space, but your might also start offering up your skill to others for a…
Side-Hustle Series: Dog walker, Dog sitter, Landscaping, Window Washing
Aug 15 • 13 min
These are some side-hustles that can turn into some serious summer work. The only downside is you need to have the equipment to do the work. So there might be some upfront capital costs, but there are some great ideas that you can do to earn some extra…
Side-Hustle Series: Deliver Food to People
Aug 13 • 11 min
You might not be interested in doing airport runs for strangers or picking up late-night bar goers, but you can pickup food for people who are “too busy” to go get their own food. You can get up with services like Doordash, Grubhub, and UberEats. Walmart…
Side-Hustle Series: Some Simple Ways to Earn Money
Aug 11 • 9 min
With as often as we are on our phones, we might as well be productive by filling out surveys. There are lots of places out that will compensate you for your time in taking a survey to provide them with information. You can checkout places like…
Tips to running a marathon and achieving your dreams
Aug 9 • 12 min
DISMISS THE DISTRUCTIVE Never skip an aid station - Update budget. Listen to inspirational podcasts. Take a break. Celebrate the small wins. Comparison and Complaining will kill you! - Complaining is unattractive. The more you are critical of yourself,…
“Pay the price today so you can pay any price tomorrow.”
Aug 7 • 9 min
“Pay the price today so you can pay any price tomorrow.” - Grant Cardone. Put the time and effort into things the first time. And stop wasting weekends on nonsense. — This quote showed up while scrolling through LinkedIn (again) from an article of what…
How I went about buying my car
Aug 5 • 10 min
It occurred to me that I after talking about car buying tips, I never shared with you how I went about buying my car. Inspired by Ramit Sethi, I found email address for all the dealerships I was willing to buy a car from and emailed them. —- Support this…
Why You Should Automate Your Bill Payments
Aug 3 • 8 min
At the end of the day, you’ll save yourself some money if you do this. First, auto bill pay is great because you’ll always have a payment on-time with no late fees attached. Second, some loans will give you a discount on your interest rate if you enroll…
Don’t Buy Things You’ll Only Ever Use Once
Aug 1 • 13 min
Don’t waste your money on something you’ll only ever use once. If it’s an absolute must, see if there are renting options available to save you some money. An example of this might be with a home improvement project that requires a specific tool. Don’t…
What Is Zero-Based Budgeting?
Jul 30 • 10 min
This is an interesting concept, and much lesser known one, when it comes to the topic of how to budget. However, basically this method is that income and expenses balance each other out each month to zero. Sound a bit confusing, well, think of it as every…
Stop Guessing At Your Expenses! #budgetfail
Jul 28 • 11 min
One day at work, my first job out of college, I was sitting in a team meeting and the owner was discussing finances and where we were at with everything. After listening to him talk, I turned to my office manager and said, “I don’t know about you, but it…
Do You Thrive On Community? Check out LIFE Leadership
Jul 26 • 9 min
A few years ago I attended one of the LIFE Leadership conferences here in Salt Lake City and it was very motivational to say the least. There were some great keynote speakers and above all, a community of people all thriving on this concept of becoming…
I’m Saving Money But I’m Not Making Progress
Jul 24 • 11 min
This is a common feeling and one I’m feeling right now. I’ve been starting to get down on myself because with all my effort to save money, it doesn’t feel like I’m getting anywhere. Then it occurred to me… I’ve spread myself out a bit to thin into…
A Millennial’s Way of Saving Money: Qapial App
Jul 22 • 12 min
I came across this app because it was being featured in the App Store one day and I thought I would give a whirl to see what all the fuss was about. If you’re looking for creative ways to save money, then this your app. I want a new mountain bike someday…
Are Branded-Title Vehicles a Good Way To Save Money On a Car?
Jul 18 • 12 min
There is a lot of risk involved in buying a branded vehicle from either private party or a dealership. Branded titles indicate that the car has been in some need of extensive repair simply because the insurance company did not “total” the car. You’re…
If It Has A Motor In It - It Should Only Be Worth HALF of Your Salary
Jul 16 • 13 min
This is some great Dave Ramsey advice. It’s really easy to become car poor these days with the many options and variables. But, the rule of thumb is that all of your cars and recreational vehicles (anything with a motor) should add up to 50% of your…
Life Is Full Of Trade Offs
Jul 14 • 12 min
60 minutes working out: “I wish I had time” 60 minutes on Netflix: “Let’s watch another!” Therapist ($130): “Too Expensive” Trip to Walmart ($130): “Good Deals” Professional training course ($1000): “Can’t afford it” New iPhone ($1000): “A Necessity” 15…
Roadblock: I need help! I need someone to show me the way.
Jul 12 • 11 min
Well, you’re certainly listening to the right podcast for that. As the old saying goes, “Give a man a fish and he’ll eat for the night. Teach a man to fish and he’ll eat for a lifetime.” Or another one, “I can lead you to water, but I can’t make you drink…
Roadblock: Every time I think about a budget, I’m instantly overwhelmed.
Jul 10 • 15 min
Just knowing where to start is very daunting for sure! There are a lot of options out there that people have found success with. The best thing you could do is break it down and then focus on that one thing until you have all the information gathered…
Roadblock: Just when I think I can pay off debt, something breaks or I have a big expense that happens and shoves me down.
Jul 8 • 13 min
Yikes! Yes. This is a major roadblock and is sure to leave anyone defeated for sure. This was, in fact, my biggest fear of working towards paying off my student loans! I didn’t have a whole lot of room for error or surprises. But, that’s when a little…
Roadblock: My Friends Want to Do Things and I Hate to Say, “I Can’t.”
Jul 6 • 14 min
This roadblock I can big-time relate to. For sure! Most of the time, when friends get together it’s bound to be a good time and who wants to miss out on that? (Aka: FOMO). But sometimes, there just isn’t the extra money to go and do all the time. Rather…
Roadblock: I Was Never Taught, And My Family Always Spent Money
Jul 4 • 12 min
This is something I can relate to, a little bit. It’s not that there wasn’t any effort from my parents to teach me out to budget and track my spending - because there was - but it just never seemed to apply to me. Not to mention at the time, online…
Roadblock: I Don’t Want Others to Know I’m In Debt
Jul 2 • 12 min
Generally speaking, we are all very hush on the topic of money. We don’t want unsolicited advice from others who think we should be managing our money differently. We don’t want our friends or family to question our ability to buy a new car or go on a…
Why I Think People Fail Creating A Budget
Jun 30 • 13 min
There are 2 reasons I think people struggle with budgeting. 1) They still need to change their mindset about budgeting and essentially believe they have all that it will take to be successful with it. 2) They don’t want to track their spending. They want…
Why Can’t I Budget?
Jun 28 • 11 min
Budgeting is tough. There are so many different methods and approaches you can learn about. Each one claiming why their method is better than all the rest. In reality, what most fail to realize is that what works for one, doesn’t mean it’ll work for…
What Is It Like After Student Loans Are Paid Off?
Jun 26 • 16 min
It’s very surreal actually. Whether you’re focused at paying them off or going at them with minimum payments, in any case they will have been around for years. They’ll feel like they are a part of the family with has much as they hang around that once…
How Long Does It Take To Pay Off Student Loans?
Jun 24 • 12 min
Sadly, there is no set timeframe on this except for the set minimum payoff timeline that was established when you took out your loans. Which is typically has a payoff term similar to that of mortgages… 15-30 years. Paying them off sooner than that will…
Where Is My Money Going?
Jun 22 • 14 min
I started asking myself this question after college and started to sense the weight of my student loans. Where was my money going? I couldn’t account for most of my spending and still felt like I had nothing to show for all the money I was making at the…
What is the easiest way to track spending?
Jun 20 • 12 min
What might be easy for me, might not be the easiest or most efficient way for you. Everyone is different and some budgeting methods might come more naturally to you than they do for me. Which is okay, but until you explore or at the very least research…
What Is The Best Way to Save For Annual Bills?
Jun 18 • 13 min
Using a spreadsheet, I’ve listed out all of my annual bills (and even my semi-annual bills) and then added them all up. That gives me a total for the year, and then in another cell, I enter a basic math formula that divides that total by 12. I know have a…
Jump out of your comfort zone
Jun 16 • 12 min
Wow! This can be really hard sometimes. You probably already feel that you’re out of your comfort zone and can’t possibly handle any more than you are. That’s okay, but growth and change will only come when we keep putting ourselves out there - whether by…
Why is self talk important?
Jun 14 • 13 min
This is script we are using to frame our lives and guide are actions. When we are negative and doubt, we respond to life in that way. When we believe that we can do hard things, then we start to accomplish the impossible. —- Support this podcast:…
How to Celebrate on a Dime: Part 2
Jun 12 • 13 min
Throwing a party can be stressful, especially when you aim to impress. However, I have learned that most people just like getting together and are more than willing to bring something to contribute to the party if you just ask. But you have to have a plan…
How to Celebrate on a Dime: Part 1
Jun 10 • 5 min
How to celebrate a birthday without breaking the bank. Especially when celebrating a birth week. Going out to eat is often the least stressful way to celebrate, which means you might be eating out a lot around the week of your birthday. To save money, be…
How to Buy Gifts On A Budget
Jun 8 • 13 min
Buying gifts in the first place can be difficult, especially if the person you’re buying for isn’t very good at dropping hints at what they would like to have. However, if you have time to plan and shop, you buy gifts on budget. What I like to do is set a…
Keep it Simple and Still Play Hard
Jun 6 • 12 min
I love the summer time. There are so many different things you can do outside with your family and friends that will cost you next to nothing. I did things like float the river. Ride bikes along the Greenbelt. Attend local festivals and other events that…
How Do I Afford To Travel?
Jun 4 • 17 min
Traveling can be addicting and just as expensive. Without careful planning, any trip or vacation could seriously hinder your financial goals because things cost more than you were expecting and all your spontaneous spending went on the credit card.…
Plan Now For The Holidays
Jun 2 • 16 min
Thanksgiving, Christmas, and New Years seem to happen all at once! But planning ahead can really make a difference in being able to afford the travel, the food, the gifts, and all the festivities. Even having a quiet holiday season can cost a little bit…
How to Budget and Plan For Summer Fun?
May 31 • 12 min
With Memorial Day still in the rear view mirror, all of the pools and water parks are officially open - Summer is here! Here are some great ways you can still have all the fun in the sun while not breaking the bank. 1) Buy season passes on discount to…
I Can’t Get Out of Debt On My Own
May 29 • 17 min
I think it’s important to believe that this is a myth and a mental roadblock. What is your roadblock? What is holding you back from even just believing that you’re capable of getting out of debt? Once we are able to identify that (even if it’s multiple…
Getting Out of Debt- TIP #5- Go Gazelle (As Dave Would Say)
May 27 • 12 min
It’s time to dive in head first, or at least with both your feet. At this point, you have a budget and you’ve already identified different things you can do or change to create some extra money for you each month. It’s just a matter of putting it all into…
Getting Out of Debt: TIP #4: Let it Soak In
May 25 • 14 min
You probably weren’t expecting me to just say, “Take a chill! Soak up some sun.” Well, I am. Before committing to big lifestyle changes, it’ll be worth the time spent thinking through everything. This isn’t a time for doubt or to give up, it’s a time to…
Getting Out of Debt: TIP #3: Add Up Your Extra Money
May 23 • 12 min
Getting out of debt sooner than later relies 100% on the amount of extra money you’re able to put towards your debt every month. This tip basically requires you to add it all up. How much extra money do you have from your paycheck every month, and how…
Getting Out of Debt: TIP #2: Find Spending Adjustments
May 21 • 18 min
Now that you’ve created a budget, meaning, you’ve setup some spending categories and now know how much you’ve been spending in each of them. It’s time to evaluate what you’ve been spending money on and if there are any adjustments that can be made to save…
Getting Out of Debt: TIP #1: Create a budget
May 19 • 20 min
Creating a budget is no easy task. Don’t let anyone fool you if they are saying otherwise. The most important thing you need to figure out is which method you’re going to use to track your spending. You might even have to try a few before deciding which…
5 Tips to Getting Out of Debt
May 17 • 15 min
Knowing where to get started is tough, but if you can do these things, you’ll find success: 1) Create a budget. Know where your money is going. 2) Find areas you can make adjustments to with where you are spending money. 3) Add up how much extra money you…
What can I sell to get out of debt?
May 15 • 13 min
Oh man. What do you have?! Honestly, selling of random things is great for the sprint, but not the marathon. Sell your couch, but where will you sit? Sell your car, but how will you get to work? I believe its less about what we are able to sell as much as…
Where do I start getting out of debt?
May 13 • 14 min
A common roadblock is just knowing where to get started. Simply put, getting out of debt is paying more than your minimum every month. However, that proved to be much harder for me and I struggled over this concept because putting an extra $50/month…
Is getting out of debt worth it?
May 11 • 17 min
Unhesitatingly, yes! It is so worth it. In the last episode we talked about why it’s important, but is it worth it? From a self-worth perspective, getting out of debt is easily in my Top 3 of major life accomplishments. Sometimes the worst experiences in…
Why is getting out of debt so important?
May 9 • 11 min
There are a lot of reasons why this might be important, but for myself, getting out of debt was important to me so that I was no longer burdened every time life was turned upside down. Going along with the last episode of how do I get out of debt with no…
How do I get out of debt with no job?
May 7 • 12 min
The answer to this will vary greatly depending on individual situations. My experience of being unemployed while still trying to pay off debt was tough and everything was reduced down to paying only the minimums until I could sort everything back out. I…
How do I get out of debt with a low income?
May 5 • 11 min
A low income certainly makes us squeeze if we are trying to get out of debt. The good news is that it’s not impossible, but it will require some thought out sacrifices until your debt is paid off. Just remember, getting out of debt with a low income only…
Will getting out of debt improve my credit score?
May 3 • 12 min
You bet it will! There are two things that impact your credit score greatly: 1) Being on-time with your payments and 2) Using only a small portion of your credit line. The more you pay down your loans and get out of debt, the more you’ll improve your…
How do I get out of debt if I have bad credit?
May 1 • 10 min
I’m going to assume that you have bad credit because you had a rough go at paying back some borrowed money. Which might make it seem like history might repeat itself, but the good news is that paying off debt doesn’t require good credit - only borrowing…
What is a credit score and how does it affect me?
Apr 29 • 18 min
A credit score is basically a ranking system that tells lending companies how well you handle money that doesn’t belong to you. There are a bunch of things that affect your credit score such as: on-time payments, usage, average age, number of accounts,…
How do I change my mindset to be successful?
Apr 26 • 17 min
So much of this comes down to your ability to recognize the struggles and the fears that you have and addressing them one by one. You’ll be stopped dead cold in your tracks every time if you’re unable to get over the barriers that are there. We won’t be…
How can I change my mindset quickly?
Apr 24 • 17 min
Write down the positive things that are happening in your life everyday. Training your brain to see the positive will go a long ways in your ability to roll with the punches. Also, finding trusted outside perspectives can help us see the bigger picture.…
How long does it take to change mindset?
Apr 22 • 14 min
It’s a myth that creating a habit only takes 3 weeks. It takes a lot longer, especially with the habits that are deeply engrained within us. Start slowly and put things in place to help you become accountable. —- Support this podcast:…
Plan your after debt dream vacation
Apr 19 • 15 min
Getting out of debt deserves a celebration! Whatever that might be for you, but going somewhere you’ve always dreamed of (being debt free) and having the trip paid for sounds like a great reward! —- Support this podcast:…
Listen or Read other inspiring stories
Apr 18 • 13 min
While I’m not at all suggesting this so you can compare yourself against others, but rather know that you’re not alone. That there are others how there who can relate to you and more importantly, reassure you that the you too can do hard things. That you…
Remember why you’re getting out debt
Apr 17 • 12 min
Creating some type of visual reminder is a great way to keep in the front of your mind what your goals, dreams, and aspirations are and how debt is not going to help you get there, and instead, slow you down. —- Support this podcast:…
How do I quit comparing myself (or my debt)?
Apr 16 • 12 min
This is really really tough because we want or wish so badly that our situation was a little more like that of someone else we probably know. Just remind yourself that you can only work with what you have access too. And that’s okay! —- Support this…
How can I be patient to pay off debt?
Apr 15 • 12 min
It can be hard to see the light at the end of the tunnel some days. Reminding yourself how far you’ve come and where you want to be are great ways to keep focused. You can keep a journal of your journey and create a vision board of things you want once…
What happens if I don’t pay my debt?
Apr 12 • 11 min
Some states still use jail time to encourage you to pay debt. Some states allow debt collectors to chase after you for 4-6 years. Not to mention, you’ll be financially ruined and branded. Rebuilding your life after avoiding debt may very well feel…
What is a healthy debt to income ratio?
Apr 11 • 11 min
The magic number for this has been defined at 36%, with the max being at 43%. 36% DTI gives you some wiggle room for changes in your income. Debt included in this is for any money that you owe: Mortgage, car, loans, etc. Income your gross monthly income.…
What is considered good debt?
Apr 10 • 9 min
Good debt are loans with low interest rates and often considered as a type of “long-term” investment. Such debt would include mortgages, car loans and student loans. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
What is considered bad debt?
Apr 9 • 10 min
The simplest way to look at this would be anything with a really high interest rate. Such as credit card debt, personal loans, or payday loans. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
What debt should be paid off first?
Apr 8 • 9 min
You want to first tackle debt that has the highest interest rate first. Ideally, you would be paying extra on these types of loans first until they are paid off and then snowballing money spent on that loan into the next loan you have. You’ll probably…
How do I make a monthly budget?
Apr 5 • 11 min
The are countless ways a person can make a monthly budget. With so many options, it can be overwhelming to know which way is better or more successful. My advice: Research about many of them and take from each the elements or the concepts that you like…
How do you manage household budgets?
Apr 4 • 12 min
Money is a major stress point and is only compounded when more than just yourself relies on the same money. The best advice is to have open communication with the whole family to make sure they are onboard. —- Support this podcast:…
What should a monthly budget include?
Apr 3 • 10 min
A monthly budget, in my mind, tracks where all of your money is going every month. In other words, a monthly budget includes everything you’re spending money on. How you categorize your spending is where the art of budgeting is different for everyone. —-…
How do you budget your money the 50 20 30 rule?
Apr 2 • 9 min
This budgeting concept has been popularized by Senator Elizabeth Warren. You divide up your after-tax income: 50% on needs. 30% on wants. 20% on savings. This budgeting style is rather casual, but can be effective so long as you always know where your…
How do I pay off debt if I live paycheck to paycheck?
Apr 1 • 9 min
Living paycheck to paycheck makes it very difficult to find a way out of your debt. However, it is possible and it starts first with changing your mindset and believing you can make the changes needed to create a budget and live within your means. —-…
We all need a cheerleader
Mar 29 • 11 min
Often times our greatest achievements come when we’ve had the support and accountability of a friend or mentor. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
Saving monthly for annual expenses is the best thing I ever did
Mar 28 • 9 min
It’s so much easier to save a a couple hundred dollars a month than it is to come up with $1,000 for new tires or whatever. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
Be Charitable and be kind
Mar 27 • 11 min
Living on the side of having nearly nothing, it makes you appreciate the kindness and generosity of others. Whether directly, or indirectly. Everyone is fighting a battle we know nothing about. —- Support this podcast:…
Every expense feels amplified when unemployed
Mar 26 • 8 min
When I was unemployed, the amount of my monthly expenses seemed to tower over me like the Empire State Building. What seemed manageable, was suddenly daunting. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
No shame in claiming unemployment
Mar 25 • 12 min
Despite what some people might think, claiming unemployment was probably the best thing I did because it allowed me to focus on finding a job that was a good fit for me. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
What it feels like to get fired
Mar 22 • 15 min
It’s very much a surreal moment, no matter how much you might have wished for it, as you mind catches up and begins to tell you all the ways in which your life has just been turned upside-down. —- Support this podcast:…
My greatest relief when I was fired
Mar 21 • 10 min
After having been budgeting for a year and a half or more at this point, I was more than thrilled when I was accepted into the Unemployment program and that the money I would earn was nearly identical to the amount I was already budgeting and living…
5 year Anniversary of Me Starting to Pay Off My Loans
Mar 20 • 13 min
It’s not as big of a celebration of as actually paying off your loans, but it was pretty monumental for me to actually dive in and start paying off my loans, being committed to my new budget, and making needed lifestyle changes to make it happen. For me,…
Part-time vs Side Hustle
Mar 19 • 11 min
Earning extra money soon became priority-number-one. There are a lot of options out there when it comes to earning some extra cash on the side. What you decide to do needs to be conducive to your situation… for me, it was going after more side-hustle…
Finding ways to make extra money
Mar 18 • 13 min
This might be a whole other daunting task, but has the potential to greatly accelerate your end goal. My advice/suggestion to you is to evaluate what your talents and skills are. Try to make money off of it. If that’s not an option, you can always find a…
Sometimes the bigger picture is overwhelming
Mar 15 • 13 min
It’s daunting, believe me, but once you’ve seen, you’ve gotta zoom back in and focus on the things you can control for that day, or that week, or that month. As much as you might wish the time to fly by and be at the tail end of your debt, it doesn’t work…
Being grateful for what I do have
Mar 14 • 17 min
Find joy in the things you do have and have accomplished. Simple as good health, no car troubles, food on the table. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
For the days when life sucks
Mar 13 • 9 min
These days will come, but you can’t forget to take a look back to see how far you’ve come. Just remember, we aren’t going back or giving up, we are simply looking back to see how far we’ve come. To remind ourselves that we have made progress and that it…
Reevaluate and Recalculate Your Budget
Mar 12 • 10 min
Autopilot is nice because we aren’t constantly stressing over details, but every now and again, we need to stop and readjust. We need to make sure that we are in fact staying with in your budgets, and if we aren’t, make needed changes so that we can still…
Think of sacrifices as delayed gratification.
Mar 11 • 10 min
It can become extremely taxing on our mental selves to be constantly saying to different things or people all in the name of getting out of debt. It’s difficult. Even more difficult when you’re not feeling as if you’re making progress on your debt. Remind…
Don’t be dumb, take advantage of that 401K match!
Mar 8 • 11 min
If your company offers a 401K program, plus a match to go along with it… you should be signing up for that right now if you haven’t already. Getting a match on your own 401k investment is like getting free money. Ok, maybe not free but extra money from…
How do you know how much to set your budget to?
Mar 7 • 9 min
There are a lot of suggested methods out there, however, for myself personally I like to find an average of what I spend over a period of time for that specific category. This is often a much more realistic expectation of how much I’ll likely spend in…
If you don’t track your money, it’s as good as gone anyway.
Mar 6 • 12 min
While there are somethings I was able to justify spending my monthly paycheck on (Ie. Rent, Car, Gas, etc), but then… the remaining 50% of my paycheck goes unaccounted for. I couldn’t tell you where it went or how fast it went or if there was something…
Budget Categories are overwhelming with Mint
Mar 5 • 8 min
There are a lot of categories in Mint to choose from to track your spending, but I feel as if it’s too specific… to narrowed, when it needs to be a bit more board and more along the lines of where we spend our money and not what we spend out money on. —-…
Linking bank accounts with Mint Is Safe
Mar 4 • 8 min
Mint was created by Intuit - the creators of Quickbooks, TurboTax, and T-Sheets. So, when it comes to linking bank accounts, I think they’ve got it figured out how to handle sensitive information. Furthermore, with Mint, you can’t do anything with your…
Creating Goals in Mint
Mar 1 • 8 min
I like to create goals in Mint because it’s an easy way to account for the extra money in my paycheck that isn’t being used for my budget. I also like that Mint keeps track of how long it will take me to achieve my goals based on how much is in the…
Why I have multiple separate savings accounts
Feb 28 • 10 min
I have different savings goals with very different purposes for that money. To avoid getting things intertwined with different goals, I keep money separate so that at a glance I know how much I have available to spend on travel or for an annual bill that…
Make your Emergency Fund a Priority
Feb 27 • 10 min
Get at least $1,000 or, 1 month’s salary saved. Once you have that, circle back and focus on your debt until it’s gone. Being debt free, you can work on building up your emergency fund to have enough for 3 month’s salary and then 6 month’s salary. You…
Donating Plasma = Easy Money
Feb 26 • 12 min
When I was looking for ways to make some extra money every month to pay towards my loans, I wasn’t too keen on the idea of working a second job because I wanted a bit of a social life and flexibility. So, I started donating plasma earning a few hundred…
Stop financing your savings; it’s too expensive!
Feb 25 • 9 min
Some people will roll a balance on their credit card just so they can maintain their savings goals every month. When you roll a balance you are charged that insane interest rate, costing you more money than spent. If you have credit card debt, don’t save…
A Little Secret to Saving Extra Money On Your Trips
Feb 22 • 11 min
Booking your hotel, rental car, and sometimes even your flights through services that offer free cancellation allows you the opportunity to rebook at lower prices should they go on sale after you’ve booked. This is a great way to save on travel if you’re…
How I Budget For Trips and Vacations
Feb 21 • 15 min
I’m not a big fan of surprises when it comes to money. Surprises usually indicate some type of setback and I hate it. Budgeting for trips and vacations usually involve a few different rounds to determine if I can afford the trip, how much the trip will…
Premium Credit Cards offer Rental Car Insurance
Feb 20 • 11 min
A lot of credit cards come with additional benefits we often forget about or brush over when we first get our new credit card. One card benefit that will help save some money is Car Rental Insurance. This means you can decline car rental insurance the…
The Best Travel Rewards Credit Card
Feb 19 • 8 min
There are a lot of travel credit cards out there and most them are really only good for the promotional sign up offer that comes with them. However, I think the Southwest Priority Credit Card is probably the best of them out there for many reasons. —-…
The 2 Best Credit Cards I Have
Feb 18 • 8 min
There are oh so many credit cards out there for a person to choose from. In this episode I talk about what I think are the 2 best credit cards are from a “daily driver” standpoint. These credit cards might not work for you depending on where you shop and…
The Double-Edge Sword of Credit Cards
Feb 15 • 12 min
They get people into trouble, but if used right they can have great rewards. My advice for you though, pay off your balance every month and track spending easily with Mint.com —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
Fancy Credit Card Language
Feb 14 • 7 min
My brother told me how cheap his credit card was. And, I couldn’t help but *face palm* when I finally realized what he thought made it cheap. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
You bet there were compromises!
Feb 13 • 15 min
When I was evaluating my spending and categorizing it into my different budget areas, I had to ask myself the question, “How important is this to me? Are there alternatives?” —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
Yup, I sold my car too!
Feb 12 • 13 min
Inspired by Dave Ramsey, I sold a car that I loved for a lower payment. It was very difficult for me, but I did it so that I could have even more extra money to put towards my loans. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
Do you start with the smallest loan or highest interest rate?
Feb 11 • 11 min
For myself, I put together several scenarios using spreadsheets to determine which loan needed tackled first so that I could get out of debt faster. Believe it or not, it was my highest interest loan which was also my largest loan. —- Support this…
The Love & Hate I Have For Student Loans
Feb 8 • 11 min
Knowing what I know, would I still have taken out my student loans? I’m torn over this because I’ve felt just as much hate as I have love for them. I learned a lot from it and that’s something I can’t ignore. —- Support this podcast:…
Why I Never Used The Envelope System
Feb 7 • 10 min
Dave Ramsey suggests using an envelope system to help ensure that you don’t spend more than you have available. It makes sense to me, but that’s not what I did. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
What I love about conscious spending
Feb 5 • 10 min
Inspired by Ramit Sethi, the way I viewed budgeting changed when I learned about conscious spending. —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
What is the best budgeting app?
Feb 4 • 8 min
There are a lot of budgeting apps and solutions out there but my favorite is Mint.com. #dreamcrushingdebt —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support
I’m not your Dave Ramsey
Feb 1 • 12 min
I think Dave has a lot of great ideas, but I didn’t follow his suggested path of getting out of debt. #dreamcrushingdebt —- Support this podcast: https://anchor.fm/dreamcrushingdebt/support