Financial Independence

ESL Couples & Credit Cards

Couples & Credit CardsWhen my husband and I started dating, he had no idea that I had credit card debt. He, fortunately, did not have any debt. In fairness to myself, I was working hard to pay off that debt. But as the years passed (six to be exact) and we neared our wedding day, I somehow still had credit card debt! He still did not. I believe I had at least a few thousand dollars on the cards at the time of our wedding. I was lucky in that my new husband wasn’t deterred by my spending problem. Although I know he wasn’t thrilled with it either. I say that I’m lucky because money problems are one of the biggest relationship crushers out there but we muddled through to that golden moment of debt-freeness. Couples and credit cards can mix as long as both parties are willing to communicate. So before you get too involved or if you are already with your partner for the long haul, you should really ask yourself and your loved one these basic but somehow much overlooked questions about their credit card habits. Continue reading

10 Things That Slow Down Your Progress To Financial Independence

10 Things That Slow Down Your Progress To Financial IndpendenceThinking about and putting into action ways to pay off debt, save money, and invest come naturally to those who are bent on bettering their financial situation. We tend to think if I do such and such then I will accelerate my savings by this or that amount. Perhaps by looking at what holds us back from accomplishing our financial goals, we can start to recognize what our weaknesses are and work on strengthening those weaknesses. Let’s look at 10 things that slow down your progress to financial independence. Continue reading

How 2 ESL Teachers Made $1000 Using Airbnb

How 2 ESL Teachers Made $1000 Using AirbnbHaving strangers sleep in your bed is a good way to make some extra money. Of course, you don’t actually have to be in bed when they are sleeping there. In fact, you really shouldn’t be in your bed at all when they are there. Let me explain. When you sign up as an Airbnb host, you are allowing guests to stay in your place for a fee. My husband and I decided to give it a try at our last apartment and our hosting experience turned out surprisingly well. I can’t wait to tell you how 2 ESL teachers made $1000 using Airbnb with the hopes that you, too, can do the same.  Continue reading

BUDGET WHAT? BUDGET HUH? BUDGET YEAH!

Budget What? Budget Huh? Budget Yeah!

** I am reposting this article because I somehow accidentally deleted it and of course I didn’t back up my stuff. Probably for the best because, actually, our budget has shifted due some big changes. So, very shortly I will be updating our monthly budget for all to see! You nosy-parkers.

You probably already know that debt is a jerk. It’s always up in your face talkin’ smack. We don’t want that, right? So what we have to do is make a plan of action. Just like any jerk, if you want them out of your life, you’ve got to prepare ahead. That’s why so many experts and non-experts sing from the mountain tops about making a budget. It’s sure-fire if you follow it. Continue reading

Teachers, Sell Your Body For Extra Money

Teachers, Sell Your Body For Extra MoneyNot that way. Geesh, get your mind out of the gutter for crying out loud. Alright then teachers, you can sell your body for money, but I’m heavily wavering towards the side of upstanding citizen type of way. If you want to make extra cash and are okay with needles and the possibility of a little blood, then this route to money making extra cash is for you.

First, let me just clear the air and say that I did take a crack at selling plasma when I was in college. I didn’t want to ask my parents for rent money. Needless to say, I was a crappy budgeter then and didn’t know how to stem the inflow of buying junk. Anyway, I digress. I went on four separate occasions to the local plasma center to earn my pay. I was paid after the fourth trip and I believe I earned about $100. That was back in 1999. (I think I should also note that my Mom found out and was t.o.’d that I just didn’t ask her for the money in the first place.) But money is money and it helped pay for rent or whatever else I had to pay at the time. Donating plasma is one way to get money using your body, but there are other ways as I will explain. Continue reading