How I Changed My Life- I Won The Debt, Divorce, Drugs and Drinking Jackpot!

I won the debt, divorce, drinking and drugs jackpot because I wanted to take back what I gave away, me. My name is Cindy and in 2008, I decided to change my life and today I’m going to share with you my most compelling years in hopes of motivating others who believe there is no way out. I went from a single mom of 2 boys with a drug and alcohol addiction with no job and $10,000 in debt to debt free in less than 5 years. How I Changed My Life It all started when I was in a toxic relationship while living in the Southern United States. I quickly became addicted to alcohol and prescription drugs and driven into a life that seemed like it had no end in sight. We had every earthly possession that two people could want and a thriving real estate business, but it was never enough. We were toxic for each other. I didn’t have the strength or self-esteem to break away. He told me over and over I would never make it on my own. I felt trapped yet I kept telling myself I need to change my life. I needed a quick escape of the life […]

How I Turned My Passion and Skills Into Making Extra Money

Guest Post My friends always ask me how I make extra money and I tell them I took what I do best and turned it into cash! Until 4 years ago, working a full-time job was as easy as getting up, going to work, coming home and collecting my pay-check. Then I had my son, which made things a little more difficult, 19 months later my daughter joined our family, followed 4 months later by a divorce. Not so easy anymore……Many nights I laid awake thinking “how can I do this all on my own?” How can I make extra money so that the kids can do things like swimming lessons and soccer? I could not wrap my head around how I could go back to work full-time. I have over ten years experience in the landscaping industry, but now I have a life that makes that job impossible. I have always enjoyed working so I decided I would look for a part-time job instead. Part-Time Job I found the perfect part-time job while viewing an online posting board. No experience needed!! I got that job and for two years now I have worked as a merchandising representative for multiple companies, travelling […]

Three Best Things About Being Single When It Comes To Money

A year ago I would have never pictured myself as being a single mother. I’m sure no married mother actually pictures herself on her own raising her children. But life happens and there are just some things that we will never be able to change. Being single isn’t all that bad; there are actually many perks and being able to make your own personal financial decisions is one of them The three best things about being single for me when it comes to money are….. 1.)    You Can Make Your Own  Financial Plans. My ex-husband and I disagreed a lot when it came to managing our money. While he did let me have most of the control over the cheque book, he would often make comments like “I will work until the day I die.” Of course me being a personal finance junkie would just feel my eyes roll into the back of my head every time I heard this. Well of course, without a plan and some savings you will work until the day you die. I can now organize my game plan without having to beg somebody to jump on board. What I can Do Being Single…. If I […]

Taking My Life Back While Getting Fit On A Budget!

Guest Post: Bonnie Taking back my life and getting fit, You bet I am! My name is Bonnie and I’m a 53-year-old woman who has been overweight most of her life including childhood. I have a love hate relationship with food and used it as comfort source towards painful issues. I’ve been on many diet programs and have managed to lose some weight but no long-term successes. I realized the number one reason for the continued failures was my inability to embrace the healthy lifestyle as a “permanent change” and not a temporary fix. Where It All Began  It started back in 2007 when my husband took sick and diagnosed with end stage liver failure and liver cancer. I was so busy caring for him that my life was put on the back burner. I was filling my emotional void with fast and fatty foods, even if I wasn’t hungry. We eventually both lost our jobs due to his illness and I had to care for him as his memory was slowing drifting away. Shortly after we became homeless until our daughter and grandson opened their home to us. My husband was placed on the transplant list to hopefully get a new liver before […]

Why We Want To Pay Off Our Mortgage Early

Contributor: Nurse Frugal at Ladies Go First Paying off the Mortgage early, that’s what we’re doing and here’s why. I vividly remember the day when I came home from work and my husband was sitting behind the computer with a perplexed look on his face.  He looked up at me and asked “I don’t know, do you think we should pay off the house loan too?” Here Is Some Background………… A few weeks earlier we had just started listening to Dave Ramsey, a radio host and author that believes that becoming debt free is the key to financial freedom and building wealth.  We had just emptied out our savings accounts to pay off the two brand new cars we had just financed. My heart sank in my chest, was my husband taking crazy pills before I came home?  Did he realize that paying off the mortgage would mean that we would have to work lots of overtime for years and years to ultimately pay off the $233,346.60 owed on our mortgage?!?!  He proceeded to do a mortgage calculation that revealed that if we didn’t pay off the house early we would pay $118,123.78 in interest throughout the life of our mortgage, […]

Newlyweds: How We Avoided Debt on One Income

Although we avoided debt on one income it certainly was not easy as Newlyweds. By no means would I consider my husband and I “rich”, conventionally speaking, but we have been able to stay debt free, from paying for our wedding to buying a new car. With the exception of a mortgage, which we’re paying off at a crazy fast pace, we live debt free, on a single income. We don’t have a wallet-full of credit cards, we avoid financing anything, and we always have an emergency fund. My husband and I are very fortunate, in that we chose to live on one income, instead of being forced into this lifestyle through job loss. My husband and I decided early on in our marriage that I would be a stay-at-home wife, and he would be the traditional bread-winner. It was definitely difficult, a newlywed couple in their early 20’s trying to live on one income. There were times I considered getting a job, thinking how easy things would be with a second income. Eventually, I caved and took a job at a local shopping mall, getting home each night when my husband was just getting ready for bed. We might have […]

Young Newlyweds $0 Cash,No Food…Our Most Humbling Story

Photo: Our Very First Condo Town-home We All Have To Start From Somewhere: Our Most Humbling Story…. My husband Johnny and I (Zayba) were only 24 years old when we got married in Mississauga,Ontario.  In both of our cultures, it is customary for the newly married couple to live with the husband’s family. My husband’s family is Macedonian and Trinidadian and mine are from East India. Moving in with the parents, well that didn’t work out so well as we only lasted a few weeks before my husband said he wanted to move out.  We looked for a house within our budget but he miscalculated the closing costs in our budget and we were short $750. We didn’t feel comfortable asking my parents for the money so we took a small loan out to cover the cost which we eventually paid back. We ended up purchasing a 1100sq ft condo town-house  in a not so desirable area but it was all we could afford. Source As you are all aware the first trip to the grocery store can get quite expensive, so I opted for a discount grocery store.  I spent two hours shopping, the cashier rang it all in and told me […]