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Blogger Profile


Eric N.

Blog Info

Name:
Deserting Debt
Category:
Debt
Tags:
budgeting, financial independence, passive income
Start Year:
2018

Blogger Bio

Net worth:
$132,503.00
Location:
Boston, Massachusetts, United States
Age:
20s
Race:
White
Gender:
Male
Life stage:
SINK (Single Income, No Kids)
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Latest Blog Posts

There has been a lot of controversy lately over millennials seeking FIRE. Let's clear up some misconceptions and guide everyone in the right direction. The post FIRE vs FI: Views from a Millennial appeared first on Deserting Debt. ...
Posted: Nov 05 2018 @ 11:45 PM
From a financial perspective, this was a good month. My expenses weren’t quite at a sustainable place, but that was to be expected (more on that later). My investments lost money, but I managed to make a whopping $1.50 in passive income (50% beyond my target!). My biggest financial impact this month came from my… The post September 2018 Income Statement & October 2018 Budget appeared first on Deserting Debt. ...
Posted: Oct 14 2018 @ 10:31 PM
Getting started on your debt reduction journey can be incredibly overwhelming. The more research you do, the more you just get lost in technicalities. Let's find a simple way to figure this out. The post Debt Payoff Methods: Snowball vs Avalanche appeared first on Deserting Debt. ...
Posted: Sep 29 2018 @ 11:04 PM
You know those times when somebody says something so profound that it sticks with you for the rest of your life? A wise man once said to me: “There’s no such thing as work-life balance. If you don’t enjoy your work, you won’t enjoy life. If don’t enjoy your life, you won’t enjoy your work.”… The post Work-Life Balance is a Lie appeared first on Deserting Debt. ...
Posted: Sep 19 2018 @ 10:58 PM
When I started budgeting for this month, I knew I need to reduce my general spending significantly. It’s only halfway through the month, but I’ve already learned a few tricks to get my spending under control. Most of these might seem like common sense, but they were certainly causing issues for me. 1. Identifying triggers… The post 6 Simple Ways to Control Spending appeared first on Deserting Debt. ...
Posted: Sep 14 2018 @ 8:36 PM
Why are 43.9% of Americans in credit card debt? Because credit is too accessible. Spending it is too easy. And you keep it a secret. Do my friends and family know about my debt? Hell no. I don’t want their pity and/or judgment. This is my problem, not theirs. When you search for tips on… The post 4 Ways to Manage Your Debt Shame appeared first on Deserting Debt. ...
Posted: Sep 09 2018 @ 7:51 PM
Let’s have some fun today with recurring and subscription expenses. Yeah, they’re small, but you’re being ripped off by companies who are laughing while you pay the fees each month.  Do you really want someone else to be rolling in your dough? Why is this so important? Recurring expenses are especially dangerous. Does that $3.99/month… The post Subscriptions are stealing your money. appeared first on Deserting Debt. ...
Posted: Sep 06 2018 @ 9:22 PM
If you’re in serious credit card debt, it’s great to start out with some quick wins. Debt is a long-term problem, but progress at the beginning will make it physiologically easier to keep making improvements.  Before getting into the nitty gritty, I want to put down a few ground rules: No new accountsNo credit checksNo… The post 6 Quick Ways to Reduce Credit Card Debt appeared first on Deserting Debt. ...
Posted: Sep 04 2018 @ 10:15 PM
If you’re in serious credit card debt, it’s great to start out with some quick wins. Debt is a long-term problem, but progress at the beginning will make it physiologically easier to keep making improvements.  Before getting into the nitty gritty, I want to put down a few ground rules: No new accountsNo credit checksNo… ...
Posted: Sep 04 2018 @ 10:15 PM
If you read some of the successful blogs out there, you’ll see a lot of income statements showing how much money they’re making every month. This isn’t one of those. This is me dropping my pants to show you a realistic picture of someone trapped in debt. Hopefully I can show you a more rosy… The post August 2018 Income Review & September Budget appeared first on Deserting Debt. ...
Posted: Sep 02 2018 @ 11:19 PM

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