Monday, September 28, 2009


Hola Beautifuls!

I hope that your weekend was wonderful. I also hope that you did something for yourself. A mani, pedi, got massage...something. How's the weather where you're at? Guess Fall is really here. It's cooler here in the "A", which really makes me wanna lay in the bed and somewhat hibernate but alas, I must start my day.

Anyhoo, it's Monday and its time for some good news. Today's good news comes out of Wisconsin. It's a story of how a family became debt-free. How much debt did they become free of?.... $106,000. Yep.

Five years ago, the Hildebrandt family of New Richmond, Wis., was juggling more than $100,000 in credit card and personal debt. Through frugality, determination and hard work, they are now — other than a mortgage — debt-free.

At the time, Russell and Kandy Hildebrandts' credit card balances totaled about $89,000, and they owed $17,000 to a family member. While they were current on all the payments, the card companies had begun raising their interest rates, adding hundreds to their minimum monthly payments. Kandy acknowledges that they presented a higher credit risk, given how their balances had ballooned. Even so, with the bump in the required payments, covering the monthly payments was a struggle. "We had to change," Kandy says.

Change they did. For their debt-fighting prowess, the Hildebrandts were on Tuesday night named the winners of the Professional Achievement and Counseling Excellence (PACE) 2009 Graduate Client of the Year Award. This national award, given by the National Foundation for Credit Counseling, recognizes the hard work and commitment they demonstrated in repaying their debts, and their willingness to become effective managers of their money and change their lifestyle. (Disclosure: Senior Reporter Connie Prater served as a judge in the awards.)

Check the entire story here.

Just had to share that anythings possible if and when you put your mind to it.

Peace and blessings,

1 comment:

  1. Great article! Even if you are not in debt, this is a good article regarding money management. I love information about this, in this economy we can all save a little more and spend a little more wisely. That is what I am trying to do, I do a have debt but it is not that much and it would be nice to be debt free.


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