Dream Crushing Debt Podcast

Some people will roll a balance on their credit card just so they can maintain their savings goals every month. When you roll a balance you are charged that insane interest rate, costing you more money than spent. If you have credit card debt, don't save your money until it's paid off. Once you have paid off your credit card debt, make sure that you're only spending money within your allotted budget for the month so that you can pay them off every month. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

Booking your hotel, rental car, and sometimes even your flights through services that offer free cancellation allows you the opportunity to rebook at lower prices should they go on sale after you've booked. This is a great way to save on travel if you're more interested in having experiences that don't involve the high prices of hotels, cars, and flights.  --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

I'm not a big fan of surprises when it comes to money. Surprises usually indicate some type of setback and I hate it. Budgeting for trips and vacations usually involve a few different rounds to determine if I can afford the trip, how much the trip will cost, and then making sure everything is paid for before I leave. This method ensure that I have 100% of everything taken care before I leave so I can mentally enjoy the trip. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

A lot of credit cards come with additional benefits we often forget about or brush over when we first get our new credit card. One card benefit that will help save some money is Car Rental Insurance. This means you can decline car rental insurance the next time you rent a car when you pay for the rental using one of your premium cards that offer this protection. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

There are a lot of travel credit cards out there and most them are really only good for the promotional sign up offer that comes with them. However, I think the Southwest Priority Credit Card is probably the best of them out there for many reasons.  --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

There are oh so many credit cards out there for a person to choose from. In this episode I talk about what I think are the 2 best credit cards are from a "daily driver" standpoint. These credit cards might not work for you depending on where you shop and spend money the most. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

 They get people into trouble, but if used right they can have great rewards. My advice for you though, pay off your balance every month and track spending easily with Mint.com --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

 My brother told me how cheap his credit card was. And, I couldn't help but *face palm* when I finally realized what he thought made it cheap. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

When I was evaluating my spending and categorizing it into my different budget areas, I had to ask myself the question, "How important is this to me? Are there alternatives?" --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

 Inspired by Dave Ramsey, I sold a car that I loved for a lower payment. It was very difficult for me, but I did it so that I could have even more extra money to put towards my loans.  --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

For myself, I put together several scenarios using spreadsheets to determine which loan needed tackled first so that I could get out of debt faster.  Believe it or not, it was my highest interest loan which was also my largest loan. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

Knowing what I know, would I still have taken out my student loans? I'm torn over this because I've felt just as much hate as I have love for them. I learned a lot from it and that's something I can't ignore. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

Dave Ramsey suggests using an envelope system to help ensure that you don’t spend more than you have available. It makes sense to me, but that’s not what I did. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

Inspired by Ramit Sethi, the way I viewed budgeting changed when I learned about conscious spending. --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

There are a lot of budgeting apps and solutions out there but my favorite is Mint.com. #dreamcrushingdebt --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support

I think Dave has a lot of great ideas, but I didn’t follow his suggested path of getting out of debt. #dreamcrushingdebt --- Support this podcast: https://anchor.fm/dreamcrushingdebt/support