You Too Can Be Debt Free
You too can be debt free like the Muldoon family in Washington state. They recently payed off over 46K in credit card debt. After mailing off the last check they held a party at a local community center with a cake that had the debt amount on it. Here’s an excerpt from the article on CNN:
Muldoon said the soaring costs of their nine credit cards left them with two options: Either file for bankruptcy or make a drastic lifestyle change. They opted for the latter, she told KUSA.
“We changed everything … to bare-bones minimum,” Muldoon told CNN. “Basically, if it wasn’t essential to support life, we didn’t do it.”
The Muldoons are part of a national trend in easing off credit card use.
Muldoon said she found a way to make money by doing extra jobs, including teaching fitness classes at night and cleaning office buildings on the weekends.
“Dan says I’m obsessed. I prefer the term ‘focus-driven,’ ” Muldoon told KUSA. “There were times last winter when dinner was white rice and gravy. That was what there was. We weren’t starving to death, but I can’t tell you the last time I had a steak.”
BMWK in these tight times have you cut back and how?
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