A couple of years ago when Facebook first started and it was exclusive to college students myself and a group of friends started a group called “The 700 Club”. We all had one goal in mind, doing whatever it took to get our credit scores above 700 and having developing healthy money habits to help them it there. Well, if that endeavour had of been a success I wouldn’t be writing this post right now. Yep, I failed. On March 25th, 2015 when I was just starting Broke on Purpose I decided to check my credit score and pull my…

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We all know the expression that “it’s better to give than to receive”, but lending money to family and friends can be a touchy subject. Loaning money to family members is a common practice in many households. The big question is whether or not it’s a smart practice. If you’re a natural giver like my husband is, you probably find that you’re more prone to sacrifice your own comfort to help others out. While this is certainly not a bad attribute to possess, it can easily cause you to get off the track of the plan that you’re working to get…

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You guys know me as the founder of Broke on Purpose. What you don’t know is that I know all about the cycle of debt. I’ve field calls from debt collectors calling our house all times of the day. I’ve bounced a check a time or two. I’ve even contemplated bankruptcy until I realized it didn’t whip out student loan debt. I did everything I could to try and get the debt off my back and nothing worked until I decided to face it head on. I decided that I would break the cycle of debt in my family tree…

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  First off Happy New Year! Wow, I can’t believe it is 2016. This is the first time I’ve been super pumped for a new year. So many great things happened for us in 2015 one of them being Broke on Purpose. I started Broke on Purpose when I realized we were in deep trouble financially if we didn’t change our habits. What started off as a challenge to myself turned into something so much bigger than I imagined. I wrote an Ebook that you can pick up (here), and I’ve been meeting with some amazing people through my Broke…

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  Money Challenges are a great way to motivate yourself to save money and get out of debt throughout the whole year. They range from the simple task of putting extra change a designated savings jar or to saving up $5000 towards a down payment on a house. The type of money challenge you choose is going to be largely based on your goals and financial ability, but if you stick with it the entire year you will see amazing benefits and hopefully learn healthy money habits. Below are the four money challenges you should probably try this year. The…

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