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This is what happens when you get rid of 75% of your stuff
Market Watch ^ | Sept 27, 2016 | ALESSANDRA MALITO

Posted on 09/27/2016 10:13:41 PM PDT by aquila48

The way Cait Flanders got her financial house in order should probably come with a “Try this at your own risk” warning.

First, the Canadian blogger paid off $30,000 in student and credit card debt. A year later, Flanders threw out 75% of her belongings and put herself on a strict two-year shopping ban.

Since then, she’s learned a lot about money, budgeting, and why we spend — she even lost 30 pounds. Now she has some tips to share.

After becoming financially free, Flanders still didn’t feel satisfied with the way she was handling her money, so in 2014, she gave herself a short list of approved items she could buy outside of food, experiences and personal items, only allowing herself to replace necessities, such as a pair of ripped pants or worn out shoes. After her first year was a success, she went for a second year, this time keeping track of everything she purchased. She finished up her ban this past July.

Now Flanders, who is traveling the U.S. on a two-month road trip, is writing a book, to be published by Hay House, about her experiences and how to help others with their money. She is no longer adhering to the shopping ban, but is always aware of the lessons she learned from the past five years of debt repayment.

Here’s what she has to say about it all.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Culture/Society; Miscellaneous
KEYWORDS: finance; personalfinance; savings
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To: wita

“It could very easily happen if States stop allowing their citizens to send money directly to the IRS bypassing the State.”

You aren’t going to solve the big parasitic problem by creating 50 little parasites.


61 posted on 09/28/2016 4:16:21 PM PDT by sagar
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To: golux
I'm not that wonderful, I'm just low income. 😁
62 posted on 09/28/2016 6:15:47 PM PDT by Excellence (Marine mom since April 11, 2014)
[ Post Reply | Private Reply | To 57 | View Replies]


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