Comments on: When I Woke Up and Smelled the Coffee http://beingfrugal.net/2008/02/26/my-financial-epiphany/ Saving money and getting out of debt from a Christian SAHM perspective Sat, 13 Mar 2010 22:37:46 -0700 http://wordpress.org/?v=abc hourly 1 By: Bankruptcy Laws http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-13300 Bankruptcy Laws Thu, 11 Dec 2008 16:23:08 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-13300 I affiance something, I do my darnest to do what I promised - even if is inconvient, stressful, etc. That is for both my professional, personal, AND banking relationships. I affiance something, I do my darnest to do what I promised – even if is inconvient, stressful, etc. That is for both my professional, personal, AND banking relationships.

]]> By: Petro http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-5149 Petro Tue, 11 Mar 2008 19:22:09 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-5149 Hi,Your post brought back memories for me I was also in the debt trap mainly through credit cards. My light bulb moment came when I realised that God in His word said: "owe no man any thing" Romans 13:8. We tend to buy things we WANT instead of buying things we NEED. God says He will meet our needs, but He never said He would meet our GREEDS. Makes you think doesn't it? Hi,Your post brought back memories for me I was also in the debt trap mainly through credit cards. My light bulb moment came when I realised that God in His word said: “owe no man any thing” Romans 13:8. We tend to buy things we WANT instead of buying things we NEED. God says He will meet our needs, but He never said He would meet our GREEDS. Makes you think doesn’t it?

]]> By: Carnival of Money Stories #50 http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-5106 Carnival of Money Stories #50 Tue, 11 Mar 2008 02:50:35 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-5106 [...] Frugal details her path into debt and the long road back. You’ll get there BF! Money Ning raced to complete his wife’s tax return in 13 minutes [...] [...] Frugal details her path into debt and the long road back. You’ll get there BF! Money Ning raced to complete his wife’s tax return in 13 minutes [...]

]]> By: Me vs Debt http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4904 Me vs Debt Wed, 05 Mar 2008 13:07:46 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4904 <strong>Blog Festivities!...</strong> I'm finally catching up with some writing AND reading this week.No Credit Needed hosted the Carnival of Debt Reduction. He included my post about how to handle a balance transfer in your debt snowbal...... Blog Festivities!…

I’m finally catching up with some writing AND reading this week.No Credit Needed hosted the Carnival of Debt Reduction. He included my post about how to handle a balance transfer in your debt snowbal……

]]> By: emilyg http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4889 emilyg Tue, 04 Mar 2008 22:52:08 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4889 That's a great story -- keep up the work! Staying positive and not having a defeatist attitude is so important with finances. I had my epiphany moment a few months ago. I was freshly out of college and on my entry-level salary for a few months, struggling to learn how to budget and make the money last all month. I was doing OK, but then the holidays hit, and then January had a lot of unexpected expenses. I was a total wreck and gathering debt, and amidst a fit of tears, I finally had a moment where I realized that isn't where I wanted to be. I want to travel and live comfortably -- not waste my hard-earned money on a pair of shoes I don't need and other miscellaneous purchases I realized I was slowly but surely spending draining my salary on. Since then, I've really gotten my act together. I try to keep my credit card balance at less than $200 at all times, I have started babysitting for some extra spending money, and I've started socking away money in both an emergency fund and travel fund. I'm finally getting the hang of budgeting. Whew! Getting to that epiphany moment sure sucks, but once you're there and realize what you have to do, it's pretty invigorating. That’s a great story — keep up the work! Staying positive and not having a defeatist attitude is so important with finances. I had my epiphany moment a few months ago. I was freshly out of college and on my entry-level salary for a few months, struggling to learn how to budget and make the money last all month. I was doing OK, but then the holidays hit, and then January had a lot of unexpected expenses. I was a total wreck and gathering debt, and amidst a fit of tears, I finally had a moment where I realized that isn’t where I wanted to be. I want to travel and live comfortably — not waste my hard-earned money on a pair of shoes I don’t need and other miscellaneous purchases I realized I was slowly but surely spending draining my salary on. Since then, I’ve really gotten my act together. I try to keep my credit card balance at less than $200 at all times, I have started babysitting for some extra spending money, and I’ve started socking away money in both an emergency fund and travel fund. I’m finally getting the hang of budgeting. Whew! Getting to that epiphany moment sure sucks, but once you’re there and realize what you have to do, it’s pretty invigorating.

]]> By: Carnival Of Debt Reduction #129 http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4847 Carnival Of Debt Reduction #129 Mon, 03 Mar 2008 10:02:25 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4847 [...] BeingFrugal has an interesting post about ‘waking up’ and a financial epiphany. [...] [...] BeingFrugal has an interesting post about ‘waking up’ and a financial epiphany. [...]

]]> By: pfblogsround 2nd March 2008 | plonkee money http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4837 pfblogsround 2nd March 2008 | plonkee money Sun, 02 Mar 2008 17:16:29 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4837 [...] @ being frugal didn’t so much have an epiphany as a slow and gradual awakening and is now thoroughly getting her act together despite recent trials and [...] [...] @ being frugal didn’t so much have an epiphany as a slow and gradual awakening and is now thoroughly getting her act together despite recent trials and [...]

]]> By: Saturday Roundup - March 1st, 2008 - It's Getting Warmer edition | Credit Withdrawal - Helping You Kick the Credit Habit http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4808 Saturday Roundup - March 1st, 2008 - It's Getting Warmer edition | Credit Withdrawal - Helping You Kick the Credit Habit Sat, 01 Mar 2008 14:55:15 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4808 [...] Being Frugal When I Woke Up and Smelled the Coffee [...] [...] Being Frugal When I Woke Up and Smelled the Coffee [...]

]]> By: Lynnae http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4751 Lynnae Thu, 28 Feb 2008 22:58:39 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4751 @Lee - I'm not sure I'd say we actually kept the budget with an up and down income. We tried, and I think if my husband were to go back to commission sales, we could probably do it with all we know now. Losing half your income is really difficult, and though I'm definitely not a fan of bankruptcy (is anyone really?), I think the bankruptcy laws were originally made for people who found them in situations like you did, where your income suddenly takes a dive. I think that today the laws are often abused. @Lee – I’m not sure I’d say we actually kept the budget with an up and down income. We tried, and I think if my husband were to go back to commission sales, we could probably do it with all we know now.

Losing half your income is really difficult, and though I’m definitely not a fan of bankruptcy (is anyone really?), I think the bankruptcy laws were originally made for people who found them in situations like you did, where your income suddenly takes a dive. I think that today the laws are often abused.

]]> By: Lee http://beingfrugal.net/2008/02/26/my-financial-epiphany/comment-page-1/#comment-4748 Lee Thu, 28 Feb 2008 20:26:54 +0000 http://beingfrugal.net/2008/02/26/my-financial-epiphany/#comment-4748 Thanks for telling your story. I must say, I admire the fact that you can keep a budget with your income so up and down. We had a budget when we had a set salary coming from the church that my husband pastors. But then, about four years ago, attendance dropped and our salary was cut in half. Because we had several credit cards and loans, and many bills, we were in trouble,in way over our heads. We ended up filing bankruptcy. I know many people oppose dealing with finances this way, but we really didn't have much choice, to be able to survive. Anyway, I guess God used it as our epiphany, because since then we've realized we don't ever want to be in bondage like that again. We still have our truck with a year of payments left, and our mortgage with 10 years left on it, so we still have those debts, but I know eventually we'll get those paid. I receive a lot of encouragement and ideas from this site and others in the network. Thanks again. Thanks for telling your story. I must say, I admire the fact that you can keep a budget with your income so up and down. We had a budget when we had a set salary coming from the church that my husband pastors. But then, about four years ago, attendance dropped and our salary was cut in half. Because we had several credit cards and loans, and many bills, we were in trouble,in way over our heads. We ended up filing bankruptcy.
I know many people oppose dealing with finances this way, but we really didn’t have much choice, to be able to survive. Anyway, I guess God used it as our epiphany, because since then we’ve realized we don’t ever want to be in bondage like that again.

We still have our truck with a year of payments left, and our mortgage with 10 years left on it, so we still have those debts, but I know eventually we’ll get those paid. I receive a lot of encouragement and ideas from this site and others in the network. Thanks again.

]]>