10 July 2007 @ 10am


Raising a Pint to Laura

I know, I know. It’s been forever since you heard from me.

Sorry about that.

Life’s been good, but busy.

I think in my last PearBudget post, I mentioned that I had some news. I still have it, but I’m still holding on to it, to make sure it pans out the way I think it will. In the meantime, I have something else to share.

I’ve wanted to keep better track of success stories that people have had, using PearBudget to help get out of debt, to get a better handle on life, and to just be more in control of their money. A combination of factors has kept me from starting that up, but I saw a post today that compelled me to get going, and to start celebrating peoples’ successes. If you’ve worked hard enough to get out of debt, and PearBudget’s helped you do it, then I should certainly be able to write a blog post about it and congratulate you. Good gravy. I have the easy bit here.

So. I want to congratulate Laura Crossett, who blogs over at She’s just paid off her credit card debt, which was hovering around $3,000 – $5,000 dollars. She wrote about it in a post yesterday, accomplishments. While she paid off those debts, she also wrapped up her second Masters degree, in Library Science.

A couple of takeaways, in case you’re in a similar position, and trying to pay off debts:

  1. Use helpful tools.
    Laura used PearBudget and the debt calculators at to figure out what she needed to use for her monthly expenses (and emergencies), and to see what she could use to pay down the debt. PearBudget’s not for everyone. If it’s not working for you, try something else. E-mail me, and I’ll happily chat about alternatives. But the point: Laura found PearBudget helpful, and she used it to help her get her bills in order.
  2. Be realistic.
    Laura would work to pay down her debt, but it kept coming back, because she didn’t have cushions in place. Life can be expensive, and big bills can be unexpected. Sadly, they often seem to come at the worst times. As Dave Ramsey says, build up your $1,000 cushion as your first objective. Then pay down your debts. It took her some time to get her bills paid, but she did it.
  3. Don’t sacrifice everything you love.
    Paying off debt requires sacrifice. But some creature comforts help you through the day. Laura weighed her choices, and decided to give up certain things (new books, CDs), while still spending money on other things (goat cheese and good coffee). Consider your spending habits, but don’t sacrifice everything you love. Budgeting is tough enough. You should reward yourself with little things when you can afford to.

Laura, appropriately, notes that she’s pretty damn proud of herself. We’re pretty damn proud of her, too.

No Tags

No Comments Yet

There are no comments yet. You could be the first!

Leave a Comment

constraints Two unrelated things …