The house works are progressing like crazy and all walls are now up, the concrete roof terrace should be finished by the end of next week, leaving only the installation of sinks, shower, toilet… and the French door. I can’t really imagine how a 3×2 meters sliding door can be delivered in one piece after 6 miles of dirt road, but am certainly curious about how it turns out. An update is scheduled for next week, after the 13 money resolutions series end.
This is the buried room on the right.
As I mentioned last week, I was hesitating between repaying a loan early or keeping the money for investments. This loan had a 7% interest rate which is higher than my average weighted interest rate, and I was tired to see it standing there so I decided to go for it and make a big first step towards my 2013 financial goal to repay over $25K of debt. The paperwork went through and the loan is now closed! Using an early repayment calculator I was able to determine that I saved over $1200 in interest, which was great. My depleted current account reminds me every day that I need to work hard on finding extra sources of income.
Seeing all those great articles about the Debt Movement, and this crazy project to repay $10 millions of debt collectively in 90 days motivated me big time!
If you would like to join a community of people that will support you and help you crush your debt faster, have a look at the Debt Movement!
We are all in different financial situations and I was very lucky to have a windfall to help me take such a huge step towards debt freedom, I know it may be hard to face the daunting silhouette of debt and you may be struggling to make minimum payments. I wrote a few posts on the 13 money resolutions for 2013 series that can help you find a bit more breathing room in your budget and accelerate your payments, and will be happy to share more and help you with your debt journey!
Reminder: I am not a financial adviser and you should talk to one if you need bankruptcy or IVA Advice.
On blogging news I wanted to share a tip that will make your tweeting life easier. You probably already retweet all of your posts, and are doing this automatically, right? RIGHT!?
If you don’t, follow those steps, and save yourself an hour per week. You are welcome.
One of the easiest way to manage your Twitter account and multiple social accounts in general is Hootsuite. And Hootsuite has an option to pick up new posts directly from an RSS feed and retweet them for you. Here is how to proceed.
Create your Hootsuite account
Go to RSS/Atom under settings and add an automatic tweet every time you produce a new post. This option can check every 24 hours for example, and tweet your new post on your behalf.
You can add several of your favorite bloggers and their RSS feeds, like, ahem, ahem, Reach Financial Independence? Lovely, thanks!
PS: Don’t add too many websites, just the ones you RT daily anyway.
PS2: Not a free pass to skip your daily visit to your favorite blogs!
Thank you to everyone who shared my posts this week.
I was featured on Frugal Rules, Eyes on the Dollar, Carnival of Money Pros, The frugal farmer,Money Principle, Carnival of retirement, One Smart Dollar, Yakezie Carnival, Carnival of personal finance,
If I missed you, please let me know and I will add you next week.
Here are a few great posts for you to enjoy!
Why are bad habits so hard to break? at Untemplater
Money mistake #1 and lesson learned at Plunged in Debt
What happened to my allowance? at The Random Path
What causes hoarding? at Outlier Model
How to save money shaving at Edward Antrobus
The Frugal Portland philosophy at Frugal Portland
Improve your attitude: Turn negatives into positives at Eyes on the Dollar
Is it the right time for investing? at Money Principle
Have a great weekend!
Latest posts by Pauline Paquin (Posts)
- A quick guide to setting up a successful blog - May 24, 2013
- Friday recap, a new site and politeness - May 24, 2013
- Lessons learned from an investment gone wrong - May 23, 2013
- ‘Bad credit’ credit cards – everything you need to know - May 22, 2013
- 4 Mistakes I Made When I First Started Investing - May 22, 2013