Hello Hello NYT Readers
Posted on February 17, 2007 by Him and tagged media, welcome
Today we've been featured in the New York Times in the article Debtors Search for Discipline via Blogs. Like, yay us. Before you leave, please subscribe to our rss feed, or hit our homepage and subscribe to our blog via email.
I'd like to say that the article incorrectly reports our net worth: it is actually -$66,274.27. Not the reporter's fault though, since I neglected to update the net worth thing on the right side there.
If I weren't sick today, I'd greet you with a proper welcome. Instead, I'm going to copy and paste something from a post a few weeks ago, and update where applicable. Please enjoy!
Here for the first time and need more backstory? Try my financial history, and then more of Her's. Hindsight is 20/20, so in the future we'll both be on the lookout for signs of trouble.
In the two years since we've revealed our finances to each other, we've done much to improve our finances, but we're far from perfect. In fact, we've been known to make mistakes. But that's okay, since the point of all of this is to learn from them. If you'd like to hear about our experiences with money, you can cruise the archives, or pick one of the tags over there on the right for more relevant topics. More specifics?
For example, when our savings eclipsed our credit card debt, we thought that was a little ridiculous. So this month, we've committed to paying off all of our non-0% credit card debt we've paid off all of our non-0% credit card debt, about $6,600. We're also on on track put half of the max into our Roth IRAs this year. We've made a nice foundation for achieving our 2007 goals. This is a far cry from where we were even one year ago.
On our site we like to discuss the intersection between relationships and finances, and we do this in a number of ways. Sometimes, readers ask a question that we answer. Other times they contribute content to our site. And, of course, we talk about how we deal with it.
Much to the chagrin of many, we tend to also take a lighthearted look at finances. See how we spent $26 so that I could get a more masculine license plate. Or my plans for what I'd do if I had all of the money in the world. Or just see how the personal finance blog community likes to kick our asses.
So again, welcome. Stay for some pie.
...and congrats to the other blogs that were also mentioned in the article:
Blogging Away Debt
Poorer Than You
Save Leigh Ann
We're In Debt
Defying Debt...in 2 Years
No Credit Needed (and of course the No Credit Needed Network)
Comments/Trackbacks
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Congratulations for being featured in the NY Times! Looks like more and more people really care about personal finances and we pf bloggers are on the right track not just concerning ourselves.
A Pile of Coins: […] The New York Times published an insightful article about the personal finance blogosphere today and mentioned some really good blogs I regularly read and enjoy myself: No Credit Needed and We're in Debt […]
Steve Consilvio | Feb 18, 2007
Investing in 401K's and other financial vehicles is a terrible idea. Your debt compounded because of Interest. As you now know, interest can be very painful. Why then would you do the same thing to someone else? If it is bad to pay interest then it is bad to collect it, too.
What you are doing is cost shiifting and creating inflation. The inflation is eating everyone alive and is why nobody can balance their books from huge corporations, governments to individuals.
While it may seem counter-intuitive because we have been indoctrinated to thinking manipulating currency is "normal," self-restraint is required. What you will do to others will come back to haunt you.
Robert E | Feb 18, 2007
Congrats on the NYT mention. I had no idea people were blogging on personal finance. My thought is that marriage creates debt; they go hand in hand. While I was married (18 years) we had a somewhat reasonable level of savings, appropriate mortgage debt, and credit card balances created by my wife. Once we got divorced, I paid off the mortgage, paid off the alimony, ran my savings from $200K to $2.7-million, and I'm having a ball! Ditch that albatross-round-your-neck marriage and your financial life will fall right into place!
I've been financially free for over 6 years. It is possible but difficult. Check out my blog:
http://neveragaindebt.blogspot.com
Never Again In Debt!
Leigh Ann | Feb 18, 2007
Thanks!
Keep up what you are doing...and feel better!
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