Comments on: My Dave Ramsey Hybrid Approach to Paying Off Debt http://www.financegetspersonal.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/ Personal Finance Blog of a Girl Trying to Get Out of Debt and Change Careers Tue, 02 Dec 2008 04:31:22 +0000 http://wordpress.org/?v=2.5.1 By: Finance Gets Personal » Need Some Extra Motivation to Meet Your Financial Goals? http://www.financegetspersonal.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/#comment-664 Finance Gets Personal » Need Some Extra Motivation to Meet Your Financial Goals? Wed, 01 Oct 2008 03:03:00 +0000 http://financegetspersonal.wordpress.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/#comment-664 [...] read about this in The Oprah Magazine, and it’s a great idea! Whether you’re trying to get out of debt, lose weight or be on time to work, it helps to have some sort of punishment and reward system. For [...] [...] read about this in The Oprah Magazine, and it’s a great idea! Whether you’re trying to get out of debt, lose weight or be on time to work, it helps to have some sort of punishment and reward system. For [...]

]]> By: JoeTaxpayer http://www.financegetspersonal.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/#comment-400 JoeTaxpayer Sat, 05 Jul 2008 21:50:29 +0000 http://financegetspersonal.wordpress.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/#comment-400 You seem to have adjusted for the issues where I disagree with Dave. That's great. Missing on the company match makes little sense. If the first steps take little time, well there's not much issue, no need to pay the debt off a month or two sooner and miss the match. You also saw the mistake of his "pay small debt first" flaw. Pay ten accounts that are $1000 @8%, but leave the $5000 card that charges 24%? Never made any sense to me, sorry. Joe You seem to have adjusted for the issues where I disagree with Dave. That’s great. Missing on the company match makes little sense. If the first steps take little time, well there’s not much issue, no need to pay the debt off a month or two sooner and miss the match.
You also saw the mistake of his “pay small debt first” flaw. Pay ten accounts that are $1000 @8%, but leave the $5000 card that charges 24%? Never made any sense to me, sorry.

Joe

]]> By: Finance Matters http://www.financegetspersonal.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/#comment-3 Finance Matters Wed, 27 Feb 2008 04:13:00 +0000 http://financegetspersonal.wordpress.com/2008/02/16/my-dave-ramsey-hybrid-approach-to-paying-off-debt/#comment-3 Great job on paying off the car debt. We are in the process of doing that right now and are taking a similar approach. I can't bring myself to stop retirement contributions, because I'm afraid I just don't have the full intensity it will take to pay everything off in less than 2 years. Good Luck! Great job on paying off the car debt. We are in the process of doing that right now and are taking a similar approach. I can’t bring myself to stop retirement contributions, because I’m afraid I just don’t have the full intensity it will take to pay everything off in less than 2 years. Good Luck!

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