• Are you a Money Hero?

    Lately I've been doing some searching for regular people who have done extraordinary things with their personal finances. I'm calling these people Money Heros.

    What is a Money Hero?
    A money hero is a person who has been in trouble financially and pulled themselves out of it. They've been in debt and paid off all of it and / or they've had very little savings and have stashed away a sizable reserve.

    Why are these folks heros? Anytime somebody goes above and beyond, I like to think of them as a good example.

    Example 1: Somebody who has got themself into $50,000+ worth of credit card debt and then decides to pay off these burdensome credit cards until there is nothing owing on them.

    Example 2: A family who has no savings decides to start putting money in to a savings account. Within a few years they accumulate $30,000 in savings.

    Example 3: A couple who is $50,000 in debt and has no savings. They decide to pay off their credit cards and put away an emergency reserve. After alot of cost cutting and scrimping and saving, they pay off their credit cards and put away $15,000 in cash savings.

    I found this link on fool.com of a person who has paid off $100,000 in credit card debt.

    I also found this blog that is dedicated to a person who is in the process of paying off $100,000 in debt.

    These people are money heros.
    I call these people heros as they set an example for the rest of us. They made a decision to better their financial situation and then worked the plan until they had success.

    I am looking for Money Heros!
    Are you a financial hero? I am looking for people who have done the extraordinary with regards to saving money, paying off debts or a combination of both. I would like to interview these people for my blog.

    If you've done one of these wonderful things let me know right away. We can set up an interview so that you can let your light shine to those who are not in as good financial shape.!

    If you're interested, leave a comment in this post.


    UPDATE: I found another blogger using the terminology Money Hero here


 
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