Are You A B.A.B.E?

Are You A B.A.B.E?
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Tuesday, February 15, 2011

Debt Hanging You Out to Dry?

Watching the Today Show this morning & it's amazing: apparently people are starting to charge again & get into debt.  Hey...look now!  We still have 9% unemployment, most of us don't have Emergency Funds and you never know what can happen!  I love things as much as the next gal, but you gotta be smart.  You're a B.A.B.E! We're kinda like the Boy Scouts: always be prepared!  Save for a rainy day first, then buy the fancy rain boots.  Got it?  You have to take care of you  'cause no one else is gonna do it.  No will power?  Find someone to help you get it.  The gals here are HUGE fans of Dave Ramsey.  There are many financial guys & gals out there who are awesome, but what can we say, we're Dave groupies!  His plan has helped many of us get out of debt, organize our finances and stop being stressed about money.  Sound good?  Check out our site to follow some of our friends' struggle to get out of debt.  Until then heed these tips from Jean Chatzky on Today:
  1. Save First, Spend Second!
  2. Arrange your current debt so you are paying the least amount of interest; using home equity loans, etc.
  3. (This is from B.A.B.E) Get some willpower, a plan & work it, girl!

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