My friend Greg emailed me a part of this blog post. I found Carey's leanings insightful and compelling. I hope it sparks conversation and action at your house. Here is a link to his de-brief.
My year long spending fast is over.
For the last year, I’ve been on a 12 month personal spending fast. The rules are here if you want to read them, along with two updates I gave along the way (at 3 months and 8 months). (The 8 month update includes the only case where I broke the rules.)
But basically it meant I agreed to purchase no new technology, music, apps, clothing or other discretionary personal items for a year.
I was inspired to begin it by my assistant Sarah, who had spent the previous year on a personal spending fast. You can read about Sarah’s fast here.
My twelve months came to an end on the weekend.
- See more at: http://careynieuwhof.com/2013/03/7-lessons-from-my-year-long-spending-fast/
Based on last nights FPU discussion I decided to put a Credit Freeze on my credit report with the 3 reporting agencies. It was pretty easy and cost me $30 ($10 each) With Equifax & Experian I was able to complete the process online without creating an account. With TransUnion the online process failed, the automated phone process failed, and I had to speak to a representative with a very thick accent that helped me complete the process. So at this point my file is frozen and I must "Thaw" it to allow any inquires, soft or hard. If your not ready to put a freeze on your account you might want to consider the identity theft insurance Dave recommends. He advocates it includes restoration services. Check your homeowners policy to see if this is already included. Below are detailed instructions on how to do so with each of the agencies courtesy of www.clarkhoward.com
We did not talk about this last night but a MUST for all FPU participants is to use the Optoutpressscreen service. I encourage everyone to do this immediately. It blocks credit issuers from doing a soft inquire against your credit file to determine if they want to send you unsolicited offers of credit. Who needs that! Use the link above to sign up today.
EQUIFAX CREDIT FREEZE - [Website]
EXPERIAN CREDIT FREEZE - [Website]
TRANSUNION CREDIT FREEZE - [Website]
FPU Clinton Twp Campus - Spring 2014 Class starts March 30th 10:30am in the in the Creuse Cafe @ the JPAC Click here to register
Class meets in the Creuse Cafe inside the John Armstrong Performing Arts Center (JPAC) Please purchase your membership kit online when you register. If your already a FPU member we would still like you to register online. Just indicate you already have your membership materials. New format workbooks are available here. The class materials for the first two weeks are available on the Resources page of this site. You can download and bring them to class if you want to check it out before purchasing a kit or if your kit has not arrived yet.
Dave Smith is part of the KCC finance staff and a Dave Ramsey Certified Coach.