Comments on: 5 Steps to Get Out of Debt http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/ Personal Finance. Investing. Wealth Building. Thu, 09 Feb 2012 18:55:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mr. Futures http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27684 Mr. Futures Mon, 07 Jun 2010 10:02:06 +0000 http://www.moolanomy.com/?p=2622#comment-27684 it's really a interesting post to get out of debt. however, i see that "Pay your highest interest debt first" not easy at all when you don't have enough money to pay for that. you're right! we should sell something to get more money..and someday we may get out of debt. it’s really a interesting post to get out of debt. however, i see that “Pay your highest interest debt first” not easy at all when you don’t have enough money to pay for that. you’re right! we should sell something to get more money..and someday we may get out of debt.

]]> By: corey http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27666 corey Sat, 05 Jun 2010 04:21:56 +0000 http://www.moolanomy.com/?p=2622#comment-27666 It's an perfect post to get out of debt.I agree with the term "Cut back and sell things to generate money". Why should we pay extra for thfor saving ose channels that we don't watch? This question come in mind first when we think about saving money . I have a solution for that now i have an i -pod net through which i can watch all the channels we need .Use HULU desktop and Boxex it 'll help u a lot It’s an perfect post to get out of debt.I agree with the term “Cut back and sell things to generate money”. Why should we pay extra for thfor saving ose channels that we don’t watch? This question come in mind first when we think about saving money . I have a solution for that now i have an i -pod net through which i can watch all the channels we need .Use HULU desktop and Boxex it ‘ll help u a lot

]]> By: Doug Warshauer http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27659 Doug Warshauer Thu, 03 Jun 2010 21:31:49 +0000 http://www.moolanomy.com/?p=2622#comment-27659 These five steps are spot on. I think they come before "investing in yourself" if that means investing in financial assets when you have credit card or other high interest consumer debt. Few people can invest well enough that their debt won't grow faster than their assets. The best investment in yourself is getting out of debt! These five steps are spot on. I think they come before “investing in yourself” if that means investing in financial assets when you have credit card or other high interest consumer debt. Few people can invest well enough that their debt won’t grow faster than their assets. The best investment in yourself is getting out of debt!

]]> By: Mrs. Money http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27657 Mrs. Money Thu, 03 Jun 2010 19:57:46 +0000 http://www.moolanomy.com/?p=2622#comment-27657 I think my favorite tip is to sell things and throw that money towards debt. Not only do you get extra money, you clear clutter! That's the best! I think my favorite tip is to sell things and throw that money towards debt. Not only do you get extra money, you clear clutter! That’s the best!

]]> By: ctreit http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27656 ctreit Thu, 03 Jun 2010 14:46:40 +0000 http://www.moolanomy.com/?p=2622#comment-27656 Another good piece of advice for people in debt is this one. "Learn how to delay purchases." Buying things that they cannot really afford was probably one of the reasons why they ended up in debt in the first place. That is why I think it is so important to change one's behavior. Another good piece of advice for people in debt is this one. “Learn how to delay purchases.” Buying things that they cannot really afford was probably one of the reasons why they ended up in debt in the first place. That is why I think it is so important to change one’s behavior.

]]> By: BT http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27653 BT Thu, 03 Jun 2010 04:26:56 +0000 http://www.moolanomy.com/?p=2622#comment-27653 You also need to consider the other side of the coin...investing in yourself. Building up personal assets will help pay down the debt in the long-term. yupfin.com gen-y's financial plan You also need to consider the other side of the coin…investing in yourself. Building up personal assets will help pay down the debt in the long-term.

yupfin.com gen-y’s financial plan

]]> By: Stephan http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27651 Stephan Wed, 02 Jun 2010 21:04:35 +0000 http://www.moolanomy.com/?p=2622#comment-27651 great tips! i never understood why paying the minimum was even considered by people, but now with the new statements hopefully people realize jsut how long you can be in debt for. and i definitely think your last tip about asking for a break is huge, noone does it because they expect to get rejected, but in these tough times credit card companies are trying to make sure you dont default and go into bankruptcy on their accounts. great tips! i never understood why paying the minimum was even considered by people, but now with the new statements hopefully people realize jsut how long you can be in debt for. and i definitely think your last tip about asking for a break is huge, noone does it because they expect to get rejected, but in these tough times credit card companies are trying to make sure you dont default and go into bankruptcy on their accounts.

]]> By: Craig http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27648 Craig Wed, 02 Jun 2010 15:36:43 +0000 http://www.moolanomy.com/?p=2622#comment-27648 I agree, paying the minimum is the worst thing you could possibly do. I agree, paying the minimum is the worst thing you could possibly do.

]]> By: Donny http://www.moolanomy.com/2622/5-steps-to-get-out-of-debt/#comment-27647 Donny Wed, 02 Jun 2010 15:04:41 +0000 http://www.moolanomy.com/?p=2622#comment-27647 I always pay above the minimum on my credit card because it helps to increase your credit score a lot faster I always pay above the minimum on my credit card because it helps to increase your credit score a lot faster

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