How I destroyed a $20,000 car

It was a cold wintery Illinois day on December 31, 2013. The last day of the year, and one of the supposed best days of the year to go car shopping. Dealers want to get rid of their inventories, and the holiday season means plenty of auto manufacturers are offering discounts. So what was I doingContinue reading “How I destroyed a $20,000 car”

Debt Update: $24,346.37

It’s been less than a month since my last debt update and here I am, with nearly $10,000 trimmed off the total balance since then! The Sonata is now sold and gone, and along with it the entire auto loan balance. It’s a great feeling. And it only makes me want to work harder now to getContinue reading “Debt Update: $24,346.37”

Debt Update: $34,030.34

It’s been about five months since my last post, so here’s an update. First of all, I’m no longer preparing for a wedding – my former fiancée and I decided it best to call it off as we both work on ourselves and deal with some personal issues that would prevent us from having a happy, long-lasting marriage.Continue reading “Debt Update: $34,030.34”

7 Secrets to Getting Out of Debt That You Don’t Want to Hear

You’re strapped with debt, up to your eyeballs in loans and don’t see a way out. What do you do? Pay it off! Duh, right? Recognizing the problem is the easy part. What’s next? You figure out how to get to the finish line. It seems so far away, but you’d do anything to getContinue reading “7 Secrets to Getting Out of Debt That You Don’t Want to Hear”

No credit card debt… Cool.

So, about the time I started Dimes to Dough, I had just signed up for a new credit card, my second credit card ever, an AMEX card. Years of 0% APR on my Citi Card had finally ran out, and I didn’t feel like negotiating for 0% APR again. So, I agreed to a seemingly niceContinue reading “No credit card debt… Cool.”

Introducing the Debt Payoff Meter

Starting today I’ve added a new graphic to my blog, and I’m calling it the Debt Payoff Meter. You can see it from just about any page on the site. It’s super straightforward – Each time I pay off debt (or each month, at least) I’ll update the meter to reflect how much money I’ve putContinue reading “Introducing the Debt Payoff Meter”