Sunday, January 20, 2008

First Post

There is a great chance that no one, or at least no one but my friends and family, will ever see this. On the off chance you made you way here WELCOME!

Introductions are in order I suppose. I'm Nyte. No of course that isn't my real name. Maybe someday I'll be comfortable enough to give out my name, but for now we will just go with Nyte. I am a 28 year old single man, living in Dayton, OH. I've never been married and have no children. I recently bought a house and have a school loan payment. I'm in a really good financial place, compared to most people I know, but only recently have I begun to realize just how bad that "most people" situation really is. I have about $10k in credit card debt, about $30k in a student loan. I'm currently leasing my car, and have about 8 months left in the lease.

I hate being in debt, but until recently I didn't look at credit cards so much as debt. WRONG. Luckily most of that is on an interest free credit card, and the rest is on a zero % finance for my furniture. So I'm not paying any interest on that $10k credit card debt now. It still floors me to realize how bad I really am.

I've been reading a lot lately. Mostly Dave Ramsey, and couple other highly recommended books. The gives me the information. The motivation is coming from several financial blogs I've read.
So basically I'm going to blog about my financial situation and hope that it gives me some sense of worth, direction, and progress. Kind of like an online diary. Why blog, well that is the question. Why would I possibly think anyone out there cares if I am rich, in debt or dead? Well, at this point I think it's unlikely anyone will. Maybe someday, someone will, but at this point its mostly for me. I've recently discovered Jonathan's MyMoneyBlog. He and I are close in age, although vastly different in terms of finances and places in life. I thought if he can do it so can I. I doubt I'll be as popular, he knows his stuff and I am still trying to understand why it takes three days for money to move from my checking account to my online savings account.

In any case, greetings and salutations. I will sign off by saying a few things.

  1. I am a horrendous speller. The blogger site catches most things, but you can't cure stupid, so you will just have to deal with it. I have to be detail oriented at work, I don't want to do it at home. So just expect typos and poor grammar.
  2. At this point I'm not in anyway successful in managing my finances. So by all means, leave comments. I'm pretty thick skinned. If my ideas are terrible and you know for a fact it will ruin me, let me know. If you have better ones, then for the love of the light (a cookie for those who get the reference) POST THEM!
Here's to the Future,