Maunderlust

Is there anything that Oprah Winfrey can’t do? She’s the most incendiary thing to happen to literature since the library at Alexandria, she generously unleashed upon the world the wit and wisdom of Dr. Phillip McGraw, and she’s wrestled dangerous madmen only to emerge unscathed. She is more than every woman, she is every super woman. That includes Wonder Woman, She-Ra, and possibly Jem.

And wouldn’t you know it, her talents extend to financial advice too! That’s right, by way of LifeHacker, I’ve discovered…

THE OPRAH DEBT DIET (yum!)

STEP ONE: HOW MUCH DEBT DO YOU REALLY HAVE?

Part 1 – Figure out how much debt you’ve got

Way ahead of you Oprah. I’m using a slightly different tracking method than the big O reccomends, because I’d like to track my debt over time. I’ve set up a google spreadsheet to handle it.

Part 2 – Get your credit rating

Got it. Last check my FICO was 720. Not the best. But, not the worst either. There’s a lingering blight on there that will be with me for awhile.

Part 3 – Prioritize your debt

This one’s pretty easy for me. I don’t have a mortgage. My car is off the road since I don’t really need it. And, I ate all the children. So that means after rent and phone, I can prioritize credit cards and student loans by interest rate. So far so good.

Next OBH post, I’ll move on to Oprah’s latte factor. Sounds delicious!
[tags]Oprah, Debt Reduction, Google Spreadsheet[/tags]