Category: Reader Questions

The Illinois Pension Problem: Should You Trust Someone Else With Your Nest Egg?

The Illinois pension fund is a mess. There is a real chance that people will not receive the retirement money that the state had promised them. In lieu of problematic pension funds across the country, is it safe to trust someone else on building your retirement fund? The Illinois Pension Problem For some people the aspects of having job that offers a pension can be a career deciding factor. In theory, pensions are a great source of retirement income. Older pensions, and still quite a few existing pension offers are written so that they provide a pretty generous fixed...

Read More

Minimum Wage Debate: Is It Becoming More Acceptable To Not Tip In Restaurants?

As minimum wage laws continue to increase, small businesses continue to pass on the buck to the consumer. Some argue passed on expensive make minimum wage increases completely ineffective. One such industry that is changing as minimum wage laws change is the restaurant industry. Many restaurants are changing the way their employees are paid. This begs the question, is it now okay to no longer tip in restaurants? When Is It Okay To Not Tip A Waiter? Minimum wage laws have changed the way many restaurants are conducting business. For example, here in San Diego some restaurants are increasing menu...

Read More

Earning More Money Or Decreasing Your Spending – What’s Better To Do?

­ When faced with a savings goal or working on paying down debt there seems to be two options on how to do that: earning more money or decreasing your spending. Which one is the better option? Should You Focus On Earning More Money or Decreasing Your Spending? For those of us who are in debt there seems to be a couple different schools of thought: earning more money or decreasing your spending. Some people tend to put a lot of effort into one or the other. However, I think people should focus both on earning more money AND...

Read More

Lending Friends Money: Is It Worth It?

We have all been in a situation where someone has asked us to borrow money – our hard earned money. Is friends money a good idea? Is lending money to a friend going to delay your debt payoff? These are all good questions to ask. Let’s talk a little bit about lending money to a friend. Is It Wise Lending Friends Money? Most of us have been in a position where we have had a friend come up to us and ask us to borrow money. If you haven’t, you soon will at some point. Not too long ago I...

Read More

Is It Possible To Save For A House AND Pay Off Debt?

This week I wanted to bring up a question for those people who are working on paying down their debt.  Is it possible to save for a house AND pay off debt at the same time?  Some people suggest getting a hold on your debt before owning a home. What if you want to do both? Can You Save For A House AND Pay Off Debt? For those that don’t follow my story or follow my blog on a regular basis, I live in the San Diego area. San Diego is in the top three of most expensive cities in...

Read More
  • 1
  • 2

Hello New Readers!

Thanks for stopping by. My name is Matt and I'm an ER nurse that started out with over 100K in student loan and personal debt. This blog is my journey to debt and financial freedom. Are you nursing debt too? I'd recommend starting here to learn more. You can also check out popular and recent posts:

Follow me on Twitter:

Are You Nursing Debt Too?

Are You Nursing Debt Too?

Join me on my journey to becomming debt free and financially independent. Through this newsletter you can receive monthly updates as well as debt paypack and money savings tips. Are you ready to stop nursing debt? 

You have Successfully Subscribed!