tag:blogger.com,1999:blog-4921609404771984660.post4419851791664147551..comments2024-02-14T00:56:27.534-08:00Comments on Homeowner by 30!: What Makes You Feel Powerful?Jessica Fletcher-Fierrohttp://www.blogger.com/profile/04721145697646712842noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4921609404771984660.post-81561796395804874802011-09-14T16:02:48.385-07:002011-09-14T16:02:48.385-07:00giving it to the poor.giving it to the poor.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-72638277396791662372011-09-13T12:25:23.363-07:002011-09-13T12:25:23.363-07:00Love the post!!! (Thanks for the love!) I think t...Love the post!!! (Thanks for the love!) I think the empowerment is different case by case. For me, it is getting rid of Capital One! No other card or debt has made me feel as small as they have.Rhitter94https://www.blogger.com/profile/14730386238190105989noreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-61448747798908866942011-09-13T12:18:01.383-07:002011-09-13T12:18:01.383-07:00I am also surprised that he only suggests $1,000. ...I am also surprised that he only suggests $1,000. I've always hears it should ideally be 3 months pay.<br />What gives me power? Well, first it's putting the little things into our different savings accounts (we were putting it into furniture, now the little things are being set aside until we can make a big, bonus payment on our credit card.)<br />I also get a thrill when I see my savings accounts growing, especially when it jumps from $1,990 to $2,000 (for example)!<br />Finally (I guess I have a lot!) I love paying cash for large purchases. Sadly, it hasn't happened lately, but it will when we go to Hawaii, when we eventually buy furniture, and it did happen when we needed our first set of tires earlier this year.Anonymoushttps://www.blogger.com/profile/16800938470742958722noreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-43884425496414928932011-09-13T11:38:42.462-07:002011-09-13T11:38:42.462-07:00Currently I am feeling motivated to save for a hou...Currently I am feeling motivated to save for a house deposit (downpayment). We have no consumer debt, both have student loans and have booked and paid for in cash an overseas holiday so house savings are our major motivator. We got really inspired by watching a home renovation TV show. (P.S in New Zealand we are very lucky that while studying and living in New Zealand we don't pay interest on our student loans so the motivation is low but the feeling of having it paid off will be fantastic.)<br /><br />Kiwi girlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-23658088972352188042011-09-13T07:08:31.665-07:002011-09-13T07:08:31.665-07:00I'm with Red--I can't wait to get rid of m...I'm with Red--I can't wait to get rid of my student loans! Although I do agree with you that I don't regret them as much as I did with regards to my credit card debt when I had it. <br /><br />I love your idea of a power plan, too. And I agree that $1K in an e-fund is just too little.The Happy Homeownerhttps://www.blogger.com/profile/06500276819532232487noreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-26310592980267675252011-09-13T06:03:30.809-07:002011-09-13T06:03:30.809-07:00Paying off my student loans! ;) Really though, it ...Paying off my student loans! ;) Really though, it excites me to think of all the things my money can do for me when I'm completely debt-free. Even though I feel good about my student loan debt (as in, I don't regret taking out those loans), I still see them as this cloud hanging over me. I want to get that cloud out of the way so I can truly focus on and enjoy saving for retirement, saving for vacations, saving for a house. Not having the loans will also give me the freedom to take a lower-paying job should I ever be so inclined. I won't have to think, "Oh, crap, can I afford my expenses and student loans payments on this salary?" That's a powerful feeling for me. :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-78497407834127008662011-09-13T00:36:52.865-07:002011-09-13T00:36:52.865-07:00I'm surprised Dave Ramsey only suggests a thou...I'm surprised Dave Ramsey only suggests a thousand in savings. I think Suze Orman's idea of having several months' worth of expenses saved makes more sense.Éirehttps://www.blogger.com/profile/11271204150728680248noreply@blogger.com