Subscriber Swap Saturday: Master Your Card

by Kevin on February 7, 2009

This is the tenth edition of Subscriber Swap Saturday.

I highly encourage all of my readers to subscribe to Master Your Card for one week and see if you like what you find! Read more about Subscriber Swap Saturday at the link above. You can also read her questions for me.

Master Your Card is a personal finance blog that focuses mainly on getting and staying out of credit card debt. Originally created by Jonathan, Kristy joined the team and has brought her experience in banking and finance to the table, adding all areas of personal finance to the topics regularly discussed. You can subscribe to their blog by RSS or email.

Question (No Debt Plan): I believe Master Your Card was started by Jonathan, but you joined the blogging team shortly after that. How long have you been writing on MYC, and what’s your relationship with Jonathan? Any big plans for the blog in the future?

Answer (Master Your Card): I’ve been writing on MYC since May of last year. I’ve never actually met Jonathan, we’ve only conversed through emails and the blog. He posted an ad looking for a freelance writer and I showed up at the proverbial door ready to work. As far as plans go, Jonathan’s got a few things up his sleeve, but I won’t spill the beans just yet. I’ll let him tell everyone when he’s ready. Suffice it to say, his plans will give us a bit of an edge in the personal finance blogosphere!

Q:  Why do you write about personal finance? What clicked in your head one day to decide you loved personal finance so much that you would one day write about it?

A: I write about personal finance because I like helping people avoid the mistakes I’ve made in the past, and it’s what I know. I don’t think there was any one thing that clicked in my head that made me love personal finance. I mean, I enjoy my job and I love helping others, but finance was never my full-time passion. For me, I needed to find a better way to live. Constantly overdrawn and living paycheck to paycheck was no life. I needed something more. I got into banking and learned how to fix my problems, and then I discovered I was good at helping others with their financial problems, as well. It opened the doors to this opportunity at MYC and I’m thrilled at having the chance to share my knowledge and stories with a wider audience.

Q: What’s the craziest frugal thing you’ve ever done?

A: You know, to be honest I was never a crazy frugal kind of person. I’ve always tried to do the best I can with what I have. The craziest thing I can think of would be that I don’t use a full dryer sheet per load…ever. I split the sheet into three even sections and it works just as well as a full sheet. I know, I know. Hang on to your seats guys, because I’m a wild one!

Q: Do you think the proposed $15,000 free loan from the government for first time home buyers is worth approving and using?

A: I’m still on the fence with this new “economic stimulus package” for now. I think there’s a lot of pork and most of it won’t do any good, it’s just a waste of our money. That said, this tax credit you’re referring to may work. It’s worked in the past. In the 70s there was a similar housing crisis – though nowhere near what it is today. They issued a $2000 tax credit then and the vacant houses were purchased which had a huge impact on the market restabilizing itself. However, the factors this time around are pretty different. They’re spending money that doesn’t exist to try and stimulate a struggling economy, and while I think they’ll get some people into these vacant homes, if they don’t fix the economy as a whole it won’t make much difference. People being laid off from their jobs can’t make those mortgage payments, no matter how many tax credits you give them. I think the primary focus should be on creating jobs, then look at balancing the housing market. But, I’m not an economist so I could be way off the mark here.

Q: How much time do you spend blogging each week?

A: Well, I shoot for writing a new post every day and each post can take anywher from 30 minutes to a couple of hours – depending on the research I need to do. For the writing portion, I’d say on average I spend about 15 hours a week. But, then there’s the time I spend reading other blogs and commenting, combing the news for ideas and sources, and reading the comments on our blog and responding. I really consider this like a second job, so I’d say I spend roughly 20-25 hours per week on everything.

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Thanks, Krisy!

Want to be interviewed for Subscriber Swap Saturday? I’ve got a bunch of openings. Just drop a comment or e-mail my way.

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