I love the name Bog of Debt. It just so fully encapsulates the feeling of being stuck in debt, and believing it’s hopeless, like there’s no way out. But just like Bear Grylls will strip down to his skivvies to show you how to get out of a real bog, Bog of Debt is mostly about THE PLAN. The Plan that will help her get out of debt and no longer feeling mired in.
One key way to motivate yourself is to write out the things you want to spend your money on. It looks like things are on track!
I enjoy American Debt Project. She’s honest about her situation, her goals, and when she messes up. In fact, I often think she’s too hard on herself. It’s a problem I’ve noticed with a lot of personal finance bloggers. Even though we start blogging because we have made mistakes, and we want other people to know that that’s okay, we start to expect perfection from ourselves. Well, none of us, not even the big name personal finance bloggers, are perfect. We all take our own road to financial freedom. I’m happy to be sharing the journey with American Debt Project.
Today’s featured blog is Money for College Project, a personal finance blog that tries to focus on ways to pay for school without getting student loans- something I am highly supportive of, though I don’t find student loans to be the boogeyman that some do.
This week the question was specifically asked: Is a College Degree Worth Taking Out a Student Loan?
It is not a rhetorical question. It is a question the Occupy folks are asking, though after the fact. It’s a question that we as a society need to be answering. Should an education require mortgaging your future?
topics explored in exactly 100 words