Who I Am, Where I Stand

by Kevin on January 29, 2008

Who I Am

If you’re going to read this blog, you should probably know who you are reading, and where he comes from.

I’m a 23 year old happily married guy that lives in Birmingham, AL. Well, technically I live south of Birmingham in a suburb, but you get the point.

I’m not a professional personal finance adviser. I don’t hold a CPA, CFP, or any other certification. I’ve got a bachelor’s degree in business management and currently working on my MBA. My wife is a teacher. Everything you read on here is simply my opinion. I encourage you to visit a fee-only financial planner (NAPFA.org) for advice on any financial decisions you need to make.

Speaking of my wife, we got married on January 6, 2007. We’re completely in love. To boot, we’re on the same page with our finances. This has been one key in how smooth our first year has been. I want to help people achieve this in their marriages, too.

We lived in my apartment for the first 9 months of our marriage, and bought our first home in September of 2007. We put 5% down, and got two mortgages (80%/15%). We do not pay PMI, but our interest rate is slightly higher on the 2nd mortgage. Our excellent credit, monthly cash flow from our jobs, and the down payment allowed us to achieve this dream. We love our house. It may not have been the best decision on paper, but there is nothing like coming home to your house. Plus, we’re aggressively paying down the 2nd mortgage.

I like BMWs. My first car was a 1995 BMW 318is. I now drive a Honda Accord, but have a 1978 BMW 320i sitting in the garage. It’s in pretty good shape for a 30 year old car, and I paid cash for it.

I also love personal finance. I love budgeting. I guess I wouldn’t like it as much if we didn’t have significant positive cash flow at the end of every month, but thankfully we do. I love helping people setup their own budgets, too.

Where I Stand

As mentioned on the About page, I hate debt. It seems so easy to get in, and so difficult to get out. The personal finance world is a tricky place. There are indeed some unsavory characters out there that want to squeeze you for your last dime.

Yet I also believe in personal responsibility. No one put you into debt. No one put $20,000 of credit card charges on your account. No one forced you to sign the papers for your sub-prime mortgage. They may have made it seem easy and put a lot of things in the fine print, but you signed it nonetheless.

Once you are in the hole with debt climbing out seems nearly impossible. You are standing at the base of Mount Everest. You lack training. You lack tools. You think to yourself, “I’ll never get out.”

I’m here to help change that. Getting out of debt is easy when you look at the numbers. Income must be greater than expenses. You have to make some hard choices, but the process is simple.

If you ever have any questions, leave a comment. Comments don’t get posted without me looking at them first, so your personal information never hits the site. I’ll respond back via e-mail.

{ 1 comment }

Cindy September 9, 2008 at 1:29 pm

I am trying to get myself out of debt. I do not know where to begin in regards to finding out who I all owe or how to go about paying them back. Could you provide me with some resources of who I would contact to find out who I all owe.

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