My Debt Blog

Getting to the bare all point here, I wanted to find out just how much I am worth? Turns out my own personal net worth is not bad. I’ll make it clear that this is my personal net worth and does not include the debt my wife has. For the sake of this blog, as I have always stated, I am focusing on my credit card debt.

Ordering of how I would like to do things:

1. Credit card debt - This debt pile has been sitting on me since college. I want to try to put as much focus into getting rid of credit card debt over the next year or two until it’s gone!
2. Offsetting student loan debt by investing - As much as paying off student loan debt faster, I think it would be wiser to offset it through investing in stocks or mutual funds. I do not see student loan debt as bad debt because the interest is tax deductible.
3. Saving emergency fund - Having a pool of money built up just incase something were to happen (i.e. job loss, disability, etc) it would be nice to have a few months living expenses available to use if needed.
4. 529 college savings plans - I will estimate by the time I get near this point in my life, I’ll be a father. College today is extremely important in order to have access to more jobs, more income, and more out of life.

This may not all necessarily happen in this order as life is never a straight road with no bumps, potholes, or speed limit. I would love to run my own business because I have that entrepreneurial spirit and dream of doing this some day. Doing the 9-5 regular W2 job gives me stability though in the sense that I know what I have coming in each month. I am trying to work out the details to get a business going on the side though, more on that later.

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For the amount of time this blog has been online, I wanted to see if I could find it in Google. I’m starting to get a lot more visitors from various places, just one of many personal finance blogs people I don’t know read what I have to say. At any rate, I show up on the first page at #10 when searching for ‘debt blog’.

Rather than just focus on my own blog I am constantly looking for other blogs out there that may just be getting started as well as those who are well established. My Debt Blog is only in its third month now of being online, and I think things are off to a great start. As more people frequent, for whatever reasons that may be, checking up on how I’m doing, looking for advice on something, hopefully there will be more discussion.

 Thank you for taking the time to visit and read my blog.

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