Get out of debt, build wealth, and re-program life.
When I was brainstorming ideas for the name of this website, I ultimately chose “Debt Free Geek” because it described me perfectly:
a technology geek without debt
Just a few years prior, I had paid off over $150,000 in debt by age 28. And by starting this site, I hoped to share how I did it and help readers, maybe like yourself, achieve a similar feat.
Continue reading “I Went into Debt to Invest in Real Estate”
You’ve most likely heard of the envelope system before. It’s a money management strategy that involves labeling physical envelopes according to major budget categories and putting the actual cash amounts into those envelopes.
The benefit to this system is the real-time feedback you get about how much money you have left in a specific category. Once it’s gone, it’s gone. It’s very difficult to overspend if you follow this strategy.
But it can be high maintenance, and even risky, to keep all of your cash in physical envelopes inside your home, car, or wallet/purse.
Continue reading “How an Electronic Envelope System Helped Us Pay Off Over $150,000 in Debt”
This week, I am sharing a more relatable debt payoff story with you. Not everyone goes pedal to the metal or has an exceedingly high income in a city with low costs of living (elements of my story).
Jane from Cash Fasting paid off $35,000 in debt over a period of three years, most of which was paid while living in New York City. Not only did she accomplish this on a single income, but she did it while still taking some time to enjoy life.
If you have a debt payoff story you’d like to tell, awesome! Please shoot me an email at comment@debtfreegeek.org.
Continue reading “Debt Free Geeks – Interview With Jane at Cash Fasting”
What’s it like to be debt free? Short answer:
But why, exactly?
I’ll share my experience here.
Buying a car can be a stressful, time-consuming exercise. Have you experienced the kind of stress I’m talking about?
I’m going to share our recent car replacement experience and use it as a springboard for discussing the tenets we follow in this arena, which I believe have helped us be pretty darn successful. If you haven’t checked our net worth posts, you can get those here, or you can see the latest as of today: