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Get Out of Debt

Tracking My Increasing Debt and Sharing My Blog Income

Hi! Cat here. You probably saw on Erin’s post that I purchased this lil’ corner of the Internet from her.

Okay okay it’s a big corner of the Internet. And big shoes to fill. I know that I am only like 1% as funny as Erin, and that’s being generous to myself. She has such a hilarious personality and such an amazing writing style that I won’t even try to replicate what she’s done. Still, we’ll try to keep the spirit of her blog alive and just dive right in, even if we have to use every last animated gif on Earth Erin style…

So, what am I going to do with this site?

It’s a good question, one I’ve been pouring over for a while now. I’ve actually been searching for another website to purchase for several months now, but none of them were quite right. I saw lots of really good sites out there, and I came really, really close to purchasing a men’s fashion blog. Like, I made an offer and then I went into labor with my twins the very next day so it never happened!! Crazy, right?

However, I’m glad because what Erin’s been talking about here is important to me too, and I want to turn this into more of a place where lots of people can share stories. So that brings me to my first order of business:

1. I want to feature stories from YOU

A big goal of mine is to help people get all pumped up and sparkly and motivated about getting out of debt and getting on track. Man, it’s hard to save money, and being in debt sucks! Trust me, I know. As I write this I am over budget for the month of July, and all I want  in the whole wide world is a cookie. A COOKIE! But I’m being good right now.

If you’ve ever felt the same way, I want to hear from you. E-mail me your story, and if we decide to publish it, I’ll be sending ya $5 via paypal that you can either 1) put it towards your pesky debt or 2) buy me a cookie.

2. I’ll be showing you debt as it grows at insane speeds.

I can’t even begin to write about getting out of debt because I’m still going in it! Or rather, my hubs is. In case you don’t know my back story, I’m married to medical school student. Just the other day, with one click of a button, he took out $79,180 in loans just for the next 9 months. Medical school is freaking expensive, and there are all sorts of loan fees and exam fees in there too.

Scary, right? Even more so, healthcare is changing so much. There are far less residency jobs for new doctors, far less job resources for nursing LVN positions, and ever increasing insurance and healthcare costs for all of us. It’ll be interesting to see how we navigate this new world of healthcare and how it affects our ability to pay back our debt and succeed in life in general.

3. Showing Blog Income

I’ve never shared my business income, and I still am not comfortable sharing the entirety of it which spans blogs, writing jobs, affiliate sales, direct advertising, etc. However, I thought it would be fun to share just my RedDebted income. Although Erin had affiliate links throughout the site, those were all hers. Now, the site has been wiped clean in the transfer of ownership and so I will be building an income on here from scratch. I think it will be fun to show the highs and lows of making money with a blog though these income updates. Plus, I know I love reading them from other bloggers so I’m happy to share a slice right here.

Okay that’s enough rambling for now! I hope you’ll stick around and share your debt story with us or at least empathize with mine! See ya around. 🙂

Photo of author

Erin Thompson

Erin Thompson spent years managing her own blog about budgeting and debt. Because of that, she has great insights not only about managing spending and borrowing but also about running websites profitably. When she's not writing articles for us, she's traveling and looking for new types of wines to try.
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