Hi all! Welcome to LifeAndMyFinances.com! My name is Derek Sall and I want to help you.
I want to help you develop a plan for your cash flow. I want to help you get out of debt. I want to help you beef up your emergency fund. I want to help you invest in your future. And, if you would like, I would love to help you become rich!
I earned my Bachelors in Finance in 2008 and followed that up a few years later with my Masters of Business in 2014. I’ve learned a ton about business and finance, and with this education (and also with trial and error…emphasis on the error) I’m ready to rock your world with financial goodness! 😉
My story isn’t pretty, but it’s mine.
It comes with highs, lows, and highs again. Thankfully, right now I feel like I’m standing on a mountain top. So high I couldn’t imagine being any higher. But, before I get too far ahead of myself, let me walk you through my story.
Young Bliss…for a second
When I started this website in 2010 I was married and had about $18,000 worth of debt. I tackled the debt head on and paid off every penny within 14 months.
My World Fell Apart
“I want a divorce”
I can still see her lips moving. I can still feel the wall rise behind me as I slunk down to the floor. It’s a day I’m sure I’ll never forget.
My wife left me in 2012 and wanted her half of our net worth…which equated to $21,000… I never thought it would happen, but I was back in debt.
Climbing From the Depths
I was depressed, angry, vulnerable, but I was also driven to just get the whole painful thing over with. So, I rolled up my sleeves and paid my ex the full amount – $21,000 – in just 6 short months.
After paying off that debt, I figured, “Why stop here?”, so I started chunking money toward my house debt. After 12 months in 2014 I had paid off all $54,500 of my mortgage loan. I AM NOW COMPLETELY DEBT FREE and it is simply amazing! No more payments whatsoever, so all of my income gets paid to me – not to my car, my house, or to my credit cards. My money goes to ME. It’s a fantastic feeling and I pray that you can experience it someday as well.
Rising to the Peaks of the Mountain
Today, I’m married to a beautiful, intelligent, and caring woman that I can’t imagine being without. We have two kids that we absolutely LOVE spending time with!
On top of this, our finances couldn’t be better.
- We’re still completely debt free,
- we own one rental property,
- and we’re currently looking for another!
What’s Next? You’d Better Follow Me to Stay in Touch!
Stay tuned for what’s next in this crazy life of mine! I can’t wait to share everything with you while we continue our journey.
I Have Been Featured On…
It is extremely cool to be featured by large publications. Not only do I get a spike in traffic because of it, but it also lets me know that I’m doing something right with my writing. A little pat on the back is nice every now and then.
Living on Only $460 a Month? Really? – MoneyTalksNews
25 Examples of My Extreme Cheapness – RockStarFinance
House Hopping Will Keep You Broke – GlobeandMail
How (and Why) I Dumped All My Debt Before Age 30 – About.com
Getting Out of Debt is a Lifestyle Change – LifeHacker
Pay Off Your Mortgage Early and Become Financially Independent – Huffington Post
Here’s How I Made $100k on the Side in 5 Years – The Penny Hoarder
Researches Say the Snowball Method is the Best Way to Pay Off Debt – Business Insider
This Spreadsheet Calculates When You’ll Pay Off Debt – LifeHacker
Cashback Credit Card Tips – Finder.com
How to Manage Money and Credit – CardRates.com
Budgeting, Earning, and Paying Off Debt – BadCredit.org
Disclaimers and Policies
The customary disclaimer: I would like to remind everyone that I am not a professional adviser and what I share here with you is based on my own personal experiences and research, and contains subjective opinion. Thus, I are not liable for the information you decide to use or take from this site. Read, learn, surf, and form your own conclusions. If you find anything on this site that you disagree with, please contact me with the form above.
My comment policy:
1. Readers are solely responsible and liable for their comments.
2. I will not publish comments I personally don’t understand (e.g. written in a different language), are irrelevant or are considered spam.
3. By commenting, you grant Life and My Finances license to use, modify, and delete all comments.
4. Link backs made by commercial sites may be deleted.
5. Policy subject to change at any time.
6. Reader questions to my email box may be reprinted and used as the subject matter in posts.
Most importantly, please be aware that the content on this site is for informational purposes only and should not be construed as professional advice. Rates and offers shown here may change without notice: please visit referenced sites for up to date information. Life and My Finances may also be compensated for our personal opinions and views on featured products and services.