The mission of the Debt Guys is to help each person become Money Conscious resulting in eliminating their debt, living a debt free life and empowering them to achieve financial success by virtue of the universal principles discovered by us through our own financial mistakes, victories and professional training.
Tuesday, September 24, 2013
"In-sourcing" Will Be Good for the U.S. Economy
"Made in America" is gaining steam again and that bodes well for our economy. This has been trend for a while and industry insiders have been referring to it has "in-sourcing". It's good the media is catching up. Unfortunately much of this is attributable to "declining labor costs" from high unemployment, reduced hours and those who dropped out of the labor force. For those who benefit from this trend, pay yourself first, pay off debts and save, save, save.
Progress for Same-Sex Couples, but Things are Still Murky
There has been a lot of progress for same-sex couples, but there is still a lot of confusion. Accountants will be earning their pay over the next few years. We've been saying for years that marriage equality will finally be complete when either the IRS or private companies put pressure on the government to make things simpler.
Home Prices on the Rise
This is good news for the economy, but be careful if you're in a "bubbly" city. If you're in the market for a home purchase, you're best served if you buy less than what you can afford and especially don't spend more than three times your income, not including bonuses.
Know When to Keep Your Financial Guard Up
HuffPo has a great article about the five situations when we're most likely to overspend. These are good points to avoid spending more than you need or want.
Sunday, September 1, 2013
Welcome Back!
It's been a long time since we were posting on the blog, but we have decided to pick it back up again. We are live on Twitter at @DebtFreeGuys, join us over there for additional conversation. Remember to always be #moneyconscious!
Thursday, April 19, 2012
A little help saving
Here is a great article about 7 ways to save $1000. I am sure we can all think of at least 7 more. But as the book Poke the Box says, its not about thinking, its about doing! Set a plan and put it into action today.
7 Ways to Save
7 Ways to Save
Wednesday, July 13, 2011
Cash is King, right? It helps ourselves and small business owners and we both know we need as much help as we can get right now.
We’ve been doing solely streaming movies and streaming TV for several months now and don’t even miss the DVDs and legacy TV. We see a lot less commercials, too. Give it a try and prevent increased costs or even reduce your current costs.
More on that higher education bubble . . . well, more on the high financial cost of that higher education bubble.
It pays to read the fine print and ask lots of questions. With regard to cost number 9, we always suggest not taking a loan from your retirement plan. There are many reasons not to do so, the primary being that you get double taxed by Uncle Sam.
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