Category Archives: Debt

Smiling Amid Screams: the Case for Being Cool, Calm, and Collected for a Happier and Debt-Free Life

Financial Freedom

Due to the epiphany that I had last week while at a McDonald’s drive-thru, let’s examine how our kids contribute to unnecessary debt. I say unnecessary because I am not talking about the debt incurred while meeting their needs such as food, clothing or shelter. Rather, the kind acquired for those trivial things; those little luxuries that seem to creep up with greater frequency than any of us would care to admit.

In my case, it showed up as the choice between two ice cream flavors. As we inched through that snake of a line, I mentally patted myself on the back, thinking, oh what a good mother am I. Here I was about to order that tasty little treat that I had exact change for; seventy-five cents to be precise. What could go wrong? Apparently, the call of chocolate so what happened next was painful. A full-throttle melt-down the size of special-order jeans.

Teaching Children about Money

teaching kids about money

As moms, we want to instill lifelong lessons about managing money into our children’s brains. Children gain self-confidence as they learn to manage their own money.

Set an Example

Children learn the most through osmosis. They observe and mimic adults from an early age. So how you spend or save money matters from the beginning. I want my children to follow my positive example, but not my negative example. If you need to improve, like me, you can begin now. We can show restraint and buy only what we can afford and set aside savings. Or work on getting out of debt.

Build Your Credit Score

raise credit score

Building your credit score can help save money on loans, lower deposits, and help you get a job or a place to live. However, you need to build your credit in a certain way without taking too many credit cards or loans. So how can you build a better credit score?

Getting into the Right Frame of Mind When it Comes to Debt


I almost had to reach out for my headache medicine after deciding to write about debt, a dreaded four letter word that rears its ugly head at us on a monthly basis everywhere we go.

Thankfully, credit card companies are still sticking to technological methods like mail, text, email, and credit scores. No need to fully freak out yet. They still haven’t made their way into nature, for instance (if you are debt collector kindly stop reading now). Since those on top haven’t figured out how to manipulate the clouds or legally be able to make embedded cut outs on our lawns you can go ahead and put your headache medicine back like I did as you continue reading.

School Loans: Invest in Education

college savings

My husband and I partially invested in our education with student loans. We only took out loans for necessary items. Because of this, we have doubled our earning potential. Here are some things we did or wished we would have done: