“Kissing” My Debt Goodbye
Buzzing About: Budgeting, Credit Cards, Daily Life, Dave Ramsey| No Comments »K.I.S.S. as most everyone knows is the acronym for “Keep It Simple Stupid” or “Keep It Simple Silly” or “Keep It Super Simple” which is my favorite because it gets the same message across without being insulting.
Dave Ramsey talks about K.I.S.S. the most when discussing budgets, but I’ve personally taken it a step further across all aspects of my personal money management, especially while I’m in the throes of Baby Step 2 – Debt Snowball, or as I like to think of it, my Debt Avalanche.
Having started my BS2 in February, I am nearing the end of my 7th month. So far, so good. I’ve paid off roughly 30% of my total debt and, despite Murphy’s best efforts, I am still on track to be debt free by sometime in 2010.
K.I.S.S.-ing works for me, so when something happens to make things more complicated, I naturally resist. I like keeping it simple. I like not having to look at all of my financial spreadsheets every day. I like not having to worry about multiple files and accounts. I like not having too many envelopes. I like doing things with actual, physical cash. I can do the details, but I don’t enjoy them. I hate balancing my checkbook – in fact I went for years without doing it until my sister found out and scolded me for it. And so one might easily see how keeping it simple would be a very appealing idea to me. Read the rest of this entry »
