• Date Started: Aug 22, 2010
• Entries: 1
• Comments: 9
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Starting On the Path

August 22nd, 2010 at 01:53 am

I'm taking the plunge - going to see if this blogging thing can help me on my path to debt reduction.

And it's a big whopping pile of debts.

Including my mortgages (I have four - two each on two houses) I'm quite certain that my debt totals more than one million. I haven't added my balances up recently but last time I did it was over the $1M mark.

I read the SA forums regularly for quite some time but never paid much attention to the blogs. Then a year and a half ago I started blogging for my business (real estate) and became hooked on blogging (and had no time for any of the frugal living sites!). It dawned on me tonight that it might be a good idea to use a blog as a means to bring some order to my finances.

So here goes.

My intention is to check in daily to record my spending and income generating activities and to use the blog as a means to organize just where I stand with my finances and debts.

Self-employment in sales makes you both vulnerable and empowered. My income is to a great extent unpredictable - but I have the ability to increase my income. I worked for years in jobs where the oh-so-small annual raises did not keep up with the increases in my bill payments. But self-employment requires discipline and motivation to do what it takes to make more money. I'm hoping to use this blog to keep me on track in that respect too.

In fact, maybe just maybe I'll use this blog (love the anonymity!) to work on the whole mess - I'm an undisciplined clutterbug with a messy house and a whole lotta weight to lose. Let's see if blogging can help me get my life in order!

So, I'm off. Choosing the fork in the road towards a debt-free future (and the skinny new me in the clean house!).

Posted in Where I'm At | 9 Comments »

9 Responses to “Starting On the Path”

1. creditcardfree Says:
   August 22nd, 2010 at 02:15 am 1282443334
   1282443334
   Welcome! Just so you know...we can't see the picture you posted. It is likely not your fault. The SA site has had some issues lately. Keep blogging though!!

2. Looking Forward Says:
   August 22nd, 2010 at 02:24 am 1282443884
   1282443884
   Welcome!

3. New Day Dawning Says:
   August 22nd, 2010 at 02:35 am 1282444517
   1282444517
   Thanks creditcardfree! I know about the image but couldn't figure out where I went wrong (I bet the problem is on my end). Is there any section on this site with info about how the blog works? For ex - I'm not even sure what happens if I edit a post - does it create a duplicate post for example? That's one thing I was afraid of. Also - no spell check? And the draft preview didn't seem to work. Gotta get my sea legs here.
   
   Thanks Looking Forward! I really appreciate you stopping by.

4. Purple Flower's Says:
   August 22nd, 2010 at 02:42 am 1282444934
   1282444934
   Welcome! I look forward to reading your blog!

5. Homebody Says:
   August 22nd, 2010 at 03:57 am 1282449459
   1282449459
   Welcome to our world!

6. Ladya70 Says:
   August 22nd, 2010 at 02:42 pm 1282488144
   1282488144
   Welcome and congrats on getting started.

7. Ima saver Says:
   August 22nd, 2010 at 07:46 pm 1282506366
   1282506366
   Welcome, glad you have joined us!!

8. Jerry Says:
   September 3rd, 2010 at 07:50 am 1283500200
   1283500200
   Good luck with your efforts, and I hope that this blog gives you some insurance that you will be able to track your progress. I think it's a good idea, because even some anonymous sense of responsibility (to people on a blog site) can make a difference!
   Jerry

9. Wivom Says:
   September 21st, 2010 at 02:04 am 1285034694
   1285034694
   My intention is to check in daily to record my spending and income generating activities and to use the blog as a means to organize just where I stand with my finances and debts
   
   Off to a great start.

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