I’ve mentioned many times over how great it is to be out of debt (other than our home at this time). The feeling of financial freedom is unreal. Now, we did our Financial Makeover by reading Dave Ramsey’s books and figuring it all out on our own. We were both on board and 100% motivated before we even started reading. So, for us, getting on board and learning what to do to change our financial picture was relatively simple.
However, I know for so many, you don’t even know where to start to move ahead. Well, starting on January 1, 2011, I am going to be starting a Debt Free / Savings Challenge for Penny Pinchin’ Mom readers (and any other bloggers who wish to join in this event). I am going to help provide you with tools and information to help you eliminate the debt you have. If you don’t have debt, we can work on building your emergency savings account. We’ll keep a running tally and on December 31, 2011, I’ll share how much debt all of you eliminated and also how much money you were able to build in your savings accounts. I just know you’re going to knock my socks off!
Of course, January is still a couple of months away. I had a reason I wanted to mention it right now. If you feel that you would actually love someone to help you out, you can actually apply to be a family selected by Community America Credit Union for their Makeover program. What is great is that they sit down with you and help you one-on-one to take the steps to get ahead and stop living paycheck to paycheck. No matter you financial picture, how much debt you have or your income level, you can apply for this free service. You can head over here to get the details and sign up. I am mentioning this now as the applications close on October 31st and I wanted to allow you ample time to apply.
One thing that is great about Community America is that even if you don’t get accepted for their program – they will still help you — for free! You honestly don’t have to pay them a dime. You don’t even have to be a member of their Credit Union! They truly have a goal of eradicating America’s debt — one family at a time.
One thing that is great about Community America is that their vision of living a debt free life is exactly in line with my own beliefs. I had the opportunity to visit with them yesterday and shared my idea for the challenge and they want to help. So, during the next year, we are going to be able to access free tools, resources and worksheets to help everyone with whichever challenge you end up selecting.
During the month of December, I will start to make posts about information you need to compile and some pre-work that you can do so you’ll be ready to go on January 1st. Whether you have debt or not, saving money and living a financially independent life is something that is truly life changing! So, get ready to jump on board for the ride of your life…….your DEBT FREE LIFE!
Penny Pinchin’ Mom received no financial compensation for sharing this information. All opninions are her own and were not influenced by any parties. Penny Pinchin’ Mom is also not a Financial Consultant and if you require help beyond the tips shared, it is recommended you seek professional assistance.