May
2
2008

A Quick Update - A Pretty Big Mistake

Under Debt By Dave

Things have not been going so well. I am still alive of course but I have practically nothing in my emergency fund right now. I made the huge mistake that I will not be making again…

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Apr
14
2008

The Best Savings Account For An Emergancy Fund - My Findings

After a little online and offline research and a lot of people contacting me with fantastic advice, I think the best option is to look for a high yield savings account that has a higher interest rate than inflation. Inflation where I am from is currently at 5% !!!

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Apr
4
2008

A (Non)Plan And A Baby Sept To Get Out Of Debt - My Emergency Fund

As of right now, I have very little of a plan. I think the only approach for me to take at the moment is creating a more solid plan as I learn. There are so many resources online that I think I can learn from and so many bloggers that I admire that I think can point me in the right direction.

I just finished Dave Ramsey’s “Total Money Makeover”. I don’t really like his tone but he has a lot of good tips and I can see how a lot of people could have made his method work. I have also completed the first “Rich Dad Poor Dad” book too. Both have some very conflicting views toward debt and wealth but I think both would agree that my first step is to create an emergency fund for myself…

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Apr
2
2008

Documenting My Debt

Under Debt By Dave

I’m all set up and ready to go. This post was surprisingly difficult to write because I have never in my life done a budget (despite being college educated) or documented my finances.

From the couple of books that I have read, and the abundance of amazing and inspiring blogs I have read, I think it would be a good idea to really get honest with myself and document here and now all my debts and get real about the hole that I am in. So here goes…

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Mar
31
2008

Welcome To Debtrepreneur

Under General By Dave

Who am I?
Hi. My name is Dave. I am almost 25 years old. I am flat broke and pretty heavily in debt. I rent a €200 a month room (I am very messy), and pretty much live and work from home on a … hybrid freelance type basis thing.

Why am I blogging?
This blog is going to be my diary and lifeline over the next three years documenting not only how I am going to get myself out of debt, but how I am going to get a house and pay off my mortgage in that time too…

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