Touching Peoples’ Lives

When I started blogging, I’d never thought that my writing could possibly impact anyone. Above all else, it was a way for me to learn more about money management. It was more about me than it was about others. This all changed last Friday, when I read a blog post from Cootiehog: Monthly Bill Reduction – How We Did It.

In my last post I talked about how I was able to not only restore our Disney fund but send in a huge tithe AND pay off almost 20% of my credit card debt. You may wonder HOW I managed to do that, given the fact that I talk all the time about attempting to reduce our monthly bills.

The answer is easy: life insurance.

The author, Jaynee, went on to reference my series on life insurance:

Basically, Jaynee and her husband decided to trade in their whole life insurance policies for term life and use the difference to speed up their credit card debt repayment. I know that some will say it may not be the best move. But I think it’s a spectacular move with the credit card debt hovering over them.

Needless to say, I was quite speechless when I first read the post, and it took me a little while to regain enough composure to write my comment. It’s an awesome feeling to be able to touch someone in a positive way like that.

Good luck Jaynee. And be sure to use the money you saved to pay off debt!

This article was featured in:

Pinyo
Pinyo is the brain behind Moolanomy personal finance blog and a few other web sites. If you like this article, please subscribe for free daily email updates.

All posts by Pinyo

Get Free Email Updates

emailLike this article? Enter your email address and click "Subscribe" to get the latest articles sent to your email for free. Your email will only be used for this daily update and you can unsubscribe anytime.

Click here to learn more about this free subscription

12 Comments

  1. gravatar
    pete
    April 14, 2008, 6:09

    that’s awesome – you’re making a difference!

  2. gravatar
    No Debt Plan
    April 14, 2008, 7:29

    Isn’t that the best part of blogging? Sure you can earn an income on the side (or even full time), but its helping people that really is great.

    Swapping whole life for term life is the best life insurance someone cam make after deciding to get it. Nice job.

  3. gravatar
    Jaynee
    April 14, 2008, 7:31

    Hey Pinyo! Thansk for the shout out! =) Yes, we are definitely going to use the savings we are getting towards our debt. We’ll be using the $100/mo. we’re saving in life insurance premiums and the amount I WAS putting towards a credit card that is now essentially paid off. Those two things are now going towards my LAST CREDIT CARD that needs to be paid off. I predict I’ll have it paid off in about 3 years – maybe sooner once my husband’s van is paid off about a year from now. It’s very exciting because being debt-free leads to even more possibilities in our future – such as my being able to quit work and become an at-home mom when my youngest child enters first grade in 2010.

  4. gravatar
    Vered - MomGrind
    April 14, 2008, 8:53

    What a great, uplifting, inspiring story to read right at the beginning of the week! Thank you.

  5. gravatar
    Shanti @ Antishay Ventenne
    April 14, 2008, 8:53

    That is awesome and so inspiring! With term life being the way to go anyway, I think it was wise for them to speed up the debt reduction and get in life insurance plans that make sense. Way to give good advice to strangers, Pinyo! :D

  6. gravatar
    Kelli Myers
    April 15, 2008, 0:34

    A real good one…this will uplift anyone who reads the story.

  7. gravatar
    Bryce
    April 15, 2008, 0:37

    That is cool to find you’ve changed someone else’s lives for the better. Ditto on what others have said about you making a difference.

  8. gravatar
    Ron@TheWisdomJournal
    April 15, 2008, 18:20

    Great job Pinyo.
    It’s a wonderful feeling knowing that you’ve helped someone.

  9. gravatar
    Make Friends, Earn Money
    April 16, 2008, 3:05

    It’s always great to know that somewhere someone has found your blog posts useful and helpful in their own personal circumstances. It really makes you feel that what you are doing is much more than just a business and brings that human factor back into blogging. Great job Pinyo, keep up the good work.

  10. gravatar
    bunny
    April 16, 2008, 4:01

    Great job! The nice surprises in life is when you know about the people you touched :)

  11. gravatar
    Pinyo
    April 16, 2008, 11:43

    Thank you everyone. It’s an uplifting experience and it certainly affects how I view blogging.

  12. gravatar
    Jerry
    December 22, 2008, 0:41

    That’s fantastic! Congratulations on making a difference. Who knew blogging about insurance could lead to such a positive experience for someone else. Keep it up!!

Please share your comment:

Comment Rules:
Constructive criticism is fine, but if you're rude, I'll delete your comment. Please use your PERSONAL name or initials and not your business name or URL, as the latter comes off like spam and I'll most likely delete your comment. Have fun and thanks for adding to the conversation! Here's our comment policy and guidelines.


Please do not use the name of your site or keywords.

1 blogs that link to this article:

If your trackback does not show in 24 hours, please resend to this trackback URI.

  1. Weekly Roundup - Spring is Finally Here Edition

Banking and Investing

Your Credit Score

Best Credit Card Offers

Ask the M-Network

What's hot on PF Buzz?

Relevant Articles From Other Sites

Sponsored Links

Work From Home
Important Notice: I am NOT a financial professional and no content within this website should be considered financial advice. Please consult a certified financial expert before attempting any of the ideas described in this website. Please read the Disclaimer for more information.

Archives By Year

2007, 2008, and 2009

Personal Finance Blogs

A-F, G-L, M-R, and S-Z.
NETWORK
Proud member of the
Moolanomy Answers
Do you have a financial question? Join Moolanomy Answers today, ask your question, and get your answers. Sign up before July 15th for a chance to win iPod Shuffle!
Close