Apr 21, 2008

Blogging Out Of Debt | Deciding To Get Out Of Debt

I decided to create Blogging Out Of Debt to record my feelings, thoughts and experiences in trying to get out of debt. Let me start this by welcoming you all here and hope you find some useful information. Let me explain a Little bit of my history. First, I'm a mid aged father of 3 teenagers who has been married for 20 years. Reading the title of this site should let you know I'm in debt up to my neck. Several things led me to get into a situation where I have accumulated way to many bills and am trying to get myself out of debt. I went back to school at the age of 35 and tacked on 30,000 in student loans, my wife also has about the same amount, and I'm paying for my first child to go to college. I dont have a whole lot of credit card debt as several years ago I had filed bankruptcy and refuse to use them any more. The bulk of my debt is regular monthly bills compounded by the student loans, home loan and the expense that 3 children bring. I'm not writing this blog for any sympathy, I got myself in this position and I will get myself out of debt. One of the ways I have come up with to eliminate my debt and pay off my student loans is by blogging. I have set myself a goal to get out of debt in 5 years using online money making means as well as some occasional side work. On this site I will record both my successes and failures at trying to get out of debt.