Getting out of debt

I Vowed to Write to You Once We Were Debt Free

Dear Scott, Ten years ago, my wife and I were drowning in debt, with a big mortgage and maxed-out credit cards. I came across a copy of your (first) Barefoot Investor book and vowed to change our circumstances and write...

Getting out of debt

I Owe MyBudget $1,250

Hey Barefoot, I signed up with a money managing agency MyBudget because I felt that some financial structure and discipline would be good, and also to make my parents happy. Unfortunately, the model did not work for me. I do...

Getting out of debt

Fighting in the Jungle

Hey Scott, My mother and her partner owe money left, right and centre — in fact the sheriff is chasing them for more than $100,000. But they live in a caravan and are ‘on the run’ (not so much Bonnie...

Getting out of debt

Bankrupt but They’re Still Chasing Me!

Scott, I am a 36-year-old single woman, earning $65,000 as an admin officer, and I have recently declared bankruptcy. However, one loan could not be erased, as it is a secured loan, and my car (a Mitsubishi ASX worth $8,000)...

The Barefoot steps

The Kind Landlord

Hi Scott, I would like to tell you about one of our tenants. She was an excellent tenant for four years, but fell behind during the last year and was not able to claw her way back. So I gave...

Getting out of debt

Confessions of an Afterpay Junkie

Dear Barefoot, As someone who fell down the Afterpay rabbit hole and got stuck in a cycle for three years, I completely agree with what you are saying. I added up every single purchase I had made and found I...

Getting out of debt

My Aunty Has 15 Credit Cards

Hi Scott, My aunty has got herself into trouble with credit cards. She is not savvy with money and I really do not think she understood what she was doing. After a lifetime of work, she has $10 in her...

Getting out of debt

I Faced My Financial Fire

Dear Scott, On November 23rd last year, I finally came to my senses and left a violent relationship ‒ then began my ‘financial fire’. My ex-husband immediately did three things: clear out our bank accounts, redraw on our mortgage, and...