Conquer Debt Year Round

[ProfMoneyWise]

Conquer Debt Year Round
Friday December 9

If you're part of a couple, no presents at all for each other until you're out of debt. That's just the way it has to be.

 

[ProfMoneyWise]

Conquer Debt Year Round
Saturday December 10

If you're angry about what this calendar has pointed out to you, direct that anger elsewhere -- your mirror to start.

 

[ProfMoneyWise]

Conquer Debt Year Round
Sunday December 11

Service members Civil Relief Act (SCRA).

If you're in the military, active or reserve, know what is available to help you. Check out information on this legislation. I want you focused on your own safety, not debt.

Thank you for your service.

 

[ProfMoneyWise]

Conquer Debt Year Round
Monday December 12

Becoming debt-free is a great gift to your family. Write a letter to them, sign it, and put it under the tree to be opened and read on Christmas morning.

 

[ProfMoneyWise]

Conquer Debt Year Round
Tuesday December 13

Former smokers will talk of wanting a cigarette and those who have lost weight will admit a longing for chocolate cake.

But you won’t find anyone who dug their way out of debt lamenting no longer having to pay for spending money they didn't have.

 

[ProfMoneyWise]

Conquer Debt Year Round
Wednesday December 14

Money, in-laws, religion and kids.

Money is the number one cause of divorce. The others fall in line after. Christmas involves all of these. Have you at least got number one under control?

 

[ProfMoneyWise]

Conquer Debt Year Round
Thursday December 15

Make some deals. Tell anyone who is buying you a gift to pay down their debt instead. Tell them you'll do the same on your end of the arrangement.

Paid-For Christmas . . . spread the word!

 

[ProfMoneyWise]

Conquer Debt Year Round
Friday December 16

Christmas Gift Idea: Commit today to begin paying off your house.

Yes, you can live in a paid-for house. Our grandparents would shake their heads at us for not understanding this, and our great-grandparents would be shocked and disbelieving we don’t already know.

 

[ProfMoneyWise]

Conquer Debt Year Round
Saturday December 17

Do away with “yeah but” and “I want” gifts this year. Pledge that every gift you give will be purchased with money that is yours, and that you will have a “PAID-FOR” Christmas from this Christmas forward.

 

[ProfMoneyWise]

Conquer Debt Year Round
Sunday December 18

Christmas Gift To Self Idea: Instead of living paycheck to paycheck live on last month’s income.

It takes some discipline. You save up enough money to cover a month's worth of living expenses. When you have that amount saved you pay bills with that money.

At the same time you deposit your current paycheck in the same account.

You're always a month ahead and it’s a Christmas gift that gives all year long.

 

[ProfMoneyWise]

Conquer Debt Year Round
Monday December 19

You might think a new car is a great Christmas gift. But, ask yourself:

Would you rather have a $40,000 car and $5,000 in the bank or a $5,000 car and $40,000 in the bank?

Another thing nice about $5,000 cars is they are PAID-FOR in full, which is how your Christmas should be this year and forever more.

 

[ProfMoneyWise]

Conquer Debt Year Round
Tuesday December 20

We all have “stuff.” But do you own your “stuff” or are you just holding it for the store?

 

[ProfMoneyWise]

Conquer Debt Year Round
Wednesday December 21

Another Christmas Gift to Self Idea: Start a Home Maintenance Fund. Set it up to always total 1% to 3% of your home's value and keep it separate to handle all things related to home maintenance and upkeep.

If your home is older, lean toward 3% as your total. It's yet another shield against life’s happenings.

 

[ProfMoneyWise]

Conquer Debt Year Round
Thursday December 22

The Financial Ghosts of Christmas Past, Present and Future.

If you're not learning from the Past how to plan in the Present for a bright Future, your Christmases to come won't be worth looking forward to.

If you don't learn from the mistakes you made in the past you leave your financial future to chance and that's irresponsible, impacting not just you but those depending on you.

 

[ProfMoneyWise]

Conquer Debt Year Round
Friday December 23

Collect all your credit card statements, put them in a box, and put the box under the Christmas tree.

Open the box on Christmas morning and stare at those statements. Vow that next Christmas will be different.

This gift is for you and your family. Each Christmas from this point forward will be better financially. This is a great gift to give and receive.

 

[ProfMoneyWise]

Conquer Debt Year Round
Saturday December 24

Most people actually find money when they put pen to paper and do a real budget. Money always makes a nice gift. Why don’t you give yourself some this Christmas?

 

[ProfMoneyWise]

Conquer Debt Year Round
Sunday December 25

Merry "PAID-FOR" Christmas!!!!

 

[ProfMoneyWise]

Conquer Debt Year Round
Monday December 26

The difference between you and 70% of the population is that the gifts you gave yesterday were PAID-FOR.

Another difference is that next month they'll get billed for the gifts. You won't. It's a cold lonely walk from the mailbox to the house when you're holding a credit card bill. Good thing that isn't you anymore, huh?

In February you won't be out the interest they're paying. In March . . .you get the idea.

 

[ProfMoneyWise]

Conquer Debt Year Round
Tuesday December 27

Did you give debt as a gift this year?

Buying gifts on credit and handing them to someone else who lives in the same household, on the same income is nothing more than handing them more debt. How can this be characterized as “gift giving?”

This advice is given today for a reason. Pack up those debt-riddled gifts and return them immediately.

 

[ProfMoneyWise]

Conquer Debt Year Round
Wednesday December 28

Time to think about making some New Year resolutions. Here's one for you.

Resolve to use only your debit card next year. You shouldn't possess any credit cards. A debit card can do everything a credit card can except create debt.

Not a bad resolution, and not a bad tool to ensure your debt-free life stays on track. Following this advice ensures no new debt.