Living Debt Free
My husband and I have been flipping homes for quite awhile now and loved what we were doing. Then the real estate fell completely out and we had 3 flip homes that were just sitting there and eating up all our capital we had worked so hard to earn.
As the months went on and the houses didn’t sell, we were slowly falling into debt that was hard on both of us. We called the banks, credit card companies and worked with them until we were able to sell the flip homes and get ourselves back on track. I think by getting help very early, we were able to stop the high interest on our credit cards and wait for the market to ease off.
We are still not completely out of the red, but are slowly seeing the light at the end of the tunnel. One of the things we looked into was to use debt help of our bills. After doing a little research, this would have been great for our credit cards we used to buy supplies for the flip homes. One bill, one payment, less interest and a lot less worry on our part.
Bills.com is a great place to get Debt Help, Mortgage Loans, Refinance Quotes, Credit Solutions, and help with your bills. Check out all this great information to help you before you get so far in debt, it will take much longer to get yourself out.
Debt help and taking a quiz is a great way to see if you are on the right track. I learned a very long time ago that Social Security was not going to take care of me, so on my own, I started my own Roth IRA. I was able to live on about $20,000 income, pay the rent, save in my IRA and pay my own insurance and I did all this in my 40’s. I didn’t have the newest and latest thing on the market, but I was happy, healthy and knowing that I could take care of myself on a low income. I learned very quickly how to shop CHEAP and not spend money that I didn’t mean too.
I so wish I had this advice about 10 years ago. I am in my early 40’s with three kids still at home and no where near any thing that resembles financial stability. I will have to live to be 100 and work every day of it!