From the category archives:

Dealing with Debt

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Is college worth it?

by Karen on May 19, 2011

Lately, there have been tons of headlines touting the idea that rising unemployment, high tuition costs, and overcrowding in the post-college job market have made college degrees a poor value. Proponents of this theory believe that other career tracks — such as internships and entry-level positions that don’t require a degree — may be a […]

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Why I’m a money multitasker

by Karen on April 19, 2010

Last week’s post about holding off on paying down debt sparked a little controversy in the comments. I wanted to clarify some of my views, because there seems to be some confusion about my financial philosophy. First of all, I am not debt free. I have never claimed to be. Like most 25-year-olds, my husband […]

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Why we chose to let debt-free living wait

by Karen on April 12, 2010

Update: I just wanted to clarify something. We are currently repaying our student loan debt slowly but surely. Our loans are not in forbearance. We just aren’t focusing our efforts solely on debt repayment. We’re splitting our extra income between debt repayment and savings. In January 2009, we paid off our credit card debt. Compared […]

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We’ve been doing some big planning again for the future. That’s always dangerous. :) But lately, we’ve been talking about a timeline for becoming homeowners. The closer Tony gets to finishing school (about 17 months now), the more confident we feel that we want to live near family. We’re pretty set on starting our own […]

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Why I’m using credit cards again

by Karen on April 21, 2009

Tony and I have been credit card debt free since January of this year. But for the past couple of months, we’ve started using our cards again every month. Don’t worry, it’s not what you think. We still don’t carry a balance, and we probably never will again. But we also don’t want to leave […]

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Now that I’m frugal, it’s hard not to look back on the choices I made in the past with regret. Luckily, I came to my senses pretty early in life. I could have done a lot more damage throughout my 20s if we hadn’t decided to change our lifestyle before we got married. But I’d […]

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Once we became credit card debt free, we had an extra $200 a month available. We decided to put some of that money toward retirement savings every month, so we only have $100 left to work into the budget. Yesterday, Tony and I looked at our budget, and talked about where we’d like to put […]

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Resolutions for another frugal year

by Karen on January 1, 2009

I’m so excited about the year ahead! For the first time, I feel like I’m looking ahead with a clear set of goals and the resolve to actually achieve them. In the interest of keeping myself honest, here’s what I hope to accomplish in the coming year: Finish building our 6-month emergency fund. We’re a […]

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Starting the new year credit card free!

by Karen on December 20, 2008

photo by b.franchina This morning I sent my final payment to American Express. We’re officially credit card debt free!! In the past year, we’ve paid off almost $5,000 in credit card debt. I’m pretty proud considering how low our income was for a big part of the year. :) Unfortunately, we still have quite a […]

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