Welcome!

Welcome to the Debt Free Father blog!

This blog will follow my family's efforts to free itself from the prison of debt. My wife and I have recently had a beautiful baby boy and we have realized that we can no longer continue to live with the poor choices that we have made over the past few years. I will outline the extent of our debt in a future blog (once I have the hours necessary to gather all of the information...because the debt is quite extensive). An estimation of our debt is as follows:

Credit Cards: $80,000
Student Loans: $270,000

Monthly debt payment: $2,500

Our goal is free ourselves in two years from the massive amounts of credit card and student loan debt that prohibits us from living freely. Through this blog, we will chronicle our efforts, successes and failures in paying off or settling the debt that we have incurred.

We believe that while we did incur this debt, it is our responsibility to take proactive measures to get out of the debt. We want to show others in the internet world that you can break free of debt by settling that debt for less than 50% of its current amounts. While I do not morally believe that everyone should be able to shirk their debt responsibilities, I also believe that our culture and the greedy banks have taken advantage of good people in order to make ridiculous profits and spend themselves into oblivion, only to end up with a government bailout. These same banks call any person that does not pay their debt a "deadbeat" and, most interestingly, refer to those who pay their debts on time as, likewise, "deadbeats." The banks make their money by drowning their customers in debt and collecting interest and ridiculous and unfair fees. If they can keep you in this prison for your whole life, then they have been successful in extracting not only every penny out of you, but in extracting your life from you.

Another issue that I will attempt to address in this blog is the issue of credit scores and how this concept runs and ruins our lives. If we can all live a cash only life, I think that we will all be much better off and, better yet, we will have the greedy banks out of lives.

I encourage all who read this blog to contribute any personal stories, anecdotes and advice as to how to best rid yourself of debt and begin to live a free life, the life that all Americans should endeavor to enjoy.

Talk to you later!