Personal Finance in Paradise – Let Me Introduce Myself

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My name is Mike

I’m the creator of Personal Finance in Paradise. The reason behind why I started this blog is because I hate debt.

Prior to getting into debt i had quite a bit of savings, and I used it all on trips and training in other parts of the country.

I’ve been in debt as far as $66,500 and having not much to show for it, and I felt that I needed to do something different with my life.

I looked and searched for all of the ways possible to get out of debt. I read online for specific tips and tricks, even paid for a program that said it would pay off $25,000 in debt be 24 months with an annual net income of $40,000. (Come to find out that program lied, and I believed the impossible). I continue to read both secular and non-secular ways of how people do with money.

I’ve been around the block. Making bad mistakes along the way, and trying to find out the best way possible to get out of debt.

A Few Examples of Bad Decisions

I cosigned two loans that the original payers defaulted on, and creditors came after me for that as well. I was able to fend off those creditors and point them into the right direction.

Creditors called me, and I was able to fend them off. They tried to subpoena me, and force me to tell them that I owed a debt that I didn’t own personally.

I’ve had an “a wide” set of experiences in my life. At the top that all off I do live in Hawaii. That’s one of the most expensive places in the world to live.

Sometimes you you may have seen that you get a two bedroom home here in Hawaii for the price that you would get a mansion out in Texas. The goal of this site is to keep not only myself accountable, but to also teach my experiences to help you get out of debt as well. My goal is to reach out to you who have been in my situation.

Some of this may sound not so “grammatically correct”, because I’m not a grammarian nor am I a grammar Nazi. I’m using a program called “Dragon Dictate” to record my voice  and put it down here on the website. So going to apologize ahead of time that this may not be completely grammatically correct.

I’ve heard it said that “smart people learn from their own experiences, and wise people learn from the experiences of others.” My goal is to help you to be wise.

I’m excited to hear from you, and I’m glad that were going on this journey together.

Author: Michael Subido @ Personal Finance in Paradise

my name is Mike and I live in Honolulu Hawaii. Living in paradise has his trials money happens to be one of them. I've had my financial problems, I've probably gone through all the major ones including student debt, credit card debt, dealing with creditors, and cosigning loans. I found myself in about $66,500 in debt in 2010 and over 28 months I had paid off close to $40,000 of debt making about $25,000 a year gross income. That's pretty hard to do considering the cost of living in paradise. After that I was able to purchase a car in cash, put away some savings, and also get married. What I want for you is to learn from my experiences so that you do not make the same mistakes. I heard it said that smart people learn from experiences and wise people learn from others experiences, and my goal for you is to become wise and teach others to be wise.

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