S. M. B. (bastet11191967) wrote in anticonsumerex,
S. M. B.

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Just joined

Hi, I came across this when looking up debt reduction and related communities. Back in college in the early 1990's, I had built up some debt and had struggled with it ever since. After having to buy a new car (along with the resulting car loan) and dealing with health issues, I signed up with Consumer Credit Counseling (now GreenPath) and had paid down a huge chunk of my bills. It was not easy, but I have gotten it down to a much more manageable amount and anticipate having almost all of it paid sometime in early 2006. GreenPath did not give me a loan, but helped to set up a payment plan and arranging deposits for me to make every payday while they took care of sending the payments on my behalf. They were helpful in negotiating with my creditors so that I did not have to deal with the creditor phone calls, which saved me considerable mental stress. I was able to pay off one card back in May, a couple months earlier than anticipated, and am down to two more to go.

However, the key thing was determining what my values were as far as spending. I used to spend on frivolous stuff, but not have enough money to cover a doctor visit copay. Even when I used to work lots of overtime at work, I would still never have "enough" money, and building up savings will be a challenge. When I go shopping for clothes nowadays, I do ask myself whether I truly do need this shirt, pants, etc., and see if I can buy it someplace else cheaper if possible or leave it. Do I really need this $15 conditioner, or can I get a similar one for $1.50? I have found some wonderful finds at local consignment shops for only $1.00, and some of this stuff is Liz Claiborne, which is far more expensive at the mall. Also, it is nice not to have that sick feeling, worrying whether there will be enough money to cover everything, in one's stomach when it comes time to check out. I enjoy either reading or simple get-togethers with friends where we play card and board games and hang out, and that, in my opinion, is far more priceless to me. I hope to pick up some good things here. Thanks.
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Anything that keeps us out of debtor's hell is always a good thing.

That's some pretty nifty stuff! My favorite boardgame is cashflow 101, which I'm afraid to say, doesn't come cheap unless you find a good deal at Ebay. But it's educational financially, nonetheless.
That sounds like an interesting game to try out.