A Life Without Debt: Surviving the Pay Cut Made Easier

January 26th, 2010 admin

A couple of weeks ago we got the news that the company my husband works for is cutting pay by twenty percent for all employees, for an indefinite period of time. Once I got past the anger and frustration, I took stock of our situation and worked on damage control. While we do have a


Originally posted on PFAdvice

 
  Related Posts
Surviving Swine Flu
Surviving Swine Flu
By Andrea Dickson There’s no need to get terribly worked up about the swine flu. Fear-mongering news reporters love nothing better than a global pandemic to boost their ratings with sensationalist coverage of school shut-downs and hospitalizations. This is not to say that we shouldn’t take this flu seriously; we should. But we need... 
A Life Without Debt: I’ve Always Been Old
I’ll let you in on a secret: I’m really about fifty-eight years old. Mentally, at least. In actuality I’m in my upper thirties. But if you look at my lifestyle, my spending choices, and my account balances, I’m much closer to someone who is nearing retirement. Financially I’ve always been about twenty years older than... 
A Life Without Debt: Work Doesn’t Have To Be A Drag
My last “real job” where I worked full-time for someone else was a mess. There was sexual harassment, bullying, unfair hours and demands, and all sorts of other foolishness going on. I was young and hadn’t yet saved up a large emergency fund, so leaving wasn’t possible unless I had another job lined up. Not  Read More →
Learning to Love What You Have: A Life Without Debt
One of the best ways to become and remain debt free is to simply learn to love what you already have. It’s human nature to be swayed by the glitter and gloss of new items. You drive past a new car lot and think, “Wow, those cars are so great.” Or you walk into Target  Read More →
How to win at playing retirement catch-up
Consider this, if you have doubts about any lingering damage to your retirement savings from the financial crisis: Although stocks are up more than 60% since March, the 401(k) of a typical boomer at the same company for at least 10 years is still worth less than it was two years ago — even with additional contributions over that period and employer... 
A Life Without Debt: Engineering a Debt Free Life
Many people want to be out of debt. They talk about it and they may even take steps toward the goal. They may make up their minds that they will never have debt (again) and that may become their mantra. They may have the best can-do attitude out there. Yet they may still fail. Why?  Read More →
4 smart fixes for your 401(k)
With stocks up more than 60% since hitting bottom last March, the red ink is finally fading on the typical 401(k) account. Yes, it’s safe to look at your statement again: Balances for boomers who have worked 10 to 20 years at the same company are now down less than 3% on average, compared with pre-crash levels; younger employees and 45- to 64-year-olds... 
4 401(k) fixes
With stocks up more than 60% since hitting bottom last March, the red ink is finally fading on the typical 401(k) account. Yes, it’s safe to look at your statement again: Balances for boomers who have worked 10 to 20 years at the same company are now down less than 3% on average, compared with pre-crash levels; younger employees and 45- to 64-year-olds... 
A Life Without Debt: It’s Not a Poor Life
I’ve noticed that some respondents to my previous articles seem to think that I’m living a life of deprivation because I choose to save money aggressively and live debt free. I want to set the record straight: A debt free life is not a poor life; it’s not a life of deprivation and suffering. It’s  Read More →
A Life Without Debt: Charitable Giving and The Debt Free Life
The other day a friend asked me if I gave to any charities, or did I just save all my money in order to keep myself debt free. The questioner seemed to think that a debt free life automatically equates to a miserly life. There seemed to be a belief that one cannot be both  Read More →
  Related Tweets from Twitter
barcodedmail (Deb Oakley)  : Really...WHAT does Congress know about budgeting? Senate May Say No to Halting Saturday Mail Delivery: http://bit.ly/czL98T via @addthis..
Updated : 2010-07-29T20:09:49Z   |  Reply  |  View Tweet
kool_knight (x)  : Personal Budgeting - How to Make a Budget http://goo.gl/fb/fsA4R..
Updated : 2010-07-29T20:05:42Z   |  Reply  |  View Tweet
listpipetoo (ListPipe Too)  : Budgeting for Maintenance In Tallahassee Florida - http://listpipe.info/sxm..
Updated : 2010-07-29T20:00:44Z   |  Reply  |  View Tweet
YeahButStill (Alex)  : Budgeting allocation meeting was going so well, then Richard from PR had to stumble in drunk and piss himself. Ugh. #workplacehappenings..
Updated : 2010-07-29T20:00:18Z   |  Reply  |  View Tweet
healingspas (HL&S)  : Practical tips for budgeting and saving http://su.pr/6wYVAB..
Updated : 2010-07-29T19:55:26Z   |  Reply  |  View Tweet
  Related News from Digg
No comments yet.

Spam Protection by WP-SpamFree

TOP