Comments on: 9 Important Reasons to Eliminate Personal Debt & Me Taking My Advice

By: Hesster

Hesster — Mon, 07 Dec 2009 03:06:31 +0000

Really good advice, except for the last one. I would seriously think twice about going without health insurance, no matter how much you have in liquid assets.

A former co-worker of mine broke his leg while uninsured, and the bone pierced the skin. Between the break and the infection that set in afterward, his hospital bills ended up costing over $50,000. The guy ended up having to declare bankruptcy and nearly ended up living on the street.

Health insurance might cost you, but not having health insurance might cost you a lot more.

By: Mitzi Reid

Mitzi Reid — Sun, 08 Nov 2009 04:05:24 +0000

9 Important Reasons to Eliminate Personal Debt & Me Taking My Advice http://tinyurl.com/yaa4ekp

By: N Cole

N Cole — Fri, 13 Mar 2009 09:42:47 +0000

This is a really interesting article.. Becoming debt free is not an easy task, especially with the amount of average unsecred debt increasing year on year.
Tips like this can really help people, keep up the good work with your blog.

By: tvo

tvo — Tue, 05 Aug 2008 05:57:07 +0000

I wish I was reading blogs like this a few years ago. I wouldnt be in the shit I am now, owing more than $1,200,000 to friends, family and banks. I would know all the right steps, I would get motivated and inspired… Now all I have left is a site called http://www.savemefromshit.com, which is more an example of what to avoid in life, rather than a cry for help…

By: Rob From My Debt Relief USA

Rob From My Debt Relief USA — Thu, 24 Jul 2008 13:41:24 +0000

Firstly, I’d like to say thank you for avery informative post.

We’ve found that a great way to rid yourself of debt is to apply the
snow-ball method to any bad debt.

The idea is simply, yet really effective…

You need to start of by compiling a list of all your debts with the least amount owed on top. You then put any spare cash you have available at the end of the month into paying back the SMALLEST DEBT FIST.

Once this has bee paid in full, you then move onto the next debt on the list, and so on until all your debts have been settled.

It’s called the snow-ball method because once the smallest debt has been paid, the extra money you will then have, gets added onto the next balance. The effect is like a snow-ball.

Really simple and yet anyone in debt can easily apply it.

Good Luck!

Regards
Rob.

By: July 4th Happiness & June Article Reminiscence » Persistence Unlimited - Goal Setting Blog

Fri, 04 Jul 2008 17:38:53 +0000

[...] 9 Important Reasons to Eliminate Personal Debt & Me Taking My Advice [...]

By: Richard Onebamoi

Richard Onebamoi — Wed, 02 Jul 2008 14:31:01 +0000

Everyone that I know anticipate to succeed in their enterprise and one of the limitations to that desire is PERSONAL DEBT. Thanks for sharing this timeless nuggets on Reasons to Eliminate Personal Debt. Richard Onebamois last blog post..Creating a Prosperity Mindset: By Randy Gage

By: Brad Isaac

Brad Isaac — Sun, 22 Jun 2008 18:54:39 +0000

Norman, congratulations. how long did it take you and how much did you pay off?

By: norman

norman — Sun, 22 Jun 2008 17:38:28 +0000

we all want clear our debts, and when i finally did i felt great... No more stress n pressure normans last blog post..Curing Liverocks

By: Eric S. Mueller

Eric S. Mueller — Thu, 19 Jun 2008 22:11:21 +0000

I've heard of Dave Ramsey before, but never gave him much thought. I had thought of debt as a tool. I followed a link to his website a couple weeks ago, found out that my wife had his book somewhere in the house, and I've been paying attention to him ever since. I like to listen to the calls he takes. I can't believe some of the questions people ask, but then again, I watched Suze Orman on CNBC for a little while, and she got asked some really crazy questions too. It's almost like people WANT to be beaten up on the show. I haven't started to read the book yet, but I will as soon as I catch up on a few other things. Eric S. Muellers last blog post..Deadliest Catch Websites & MySpace