Tips to get out of debt

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7 posts
Re: Tips to get out of debt

cp_coder
New MMEX User

Posts: 4
Joined: Fri May 29, 2009 2:50 am
That is a really awesome set of advice, especially how to create a "Debt Snowball"! :mrgreen: This is the first I've heard of it!
Re: Tips to get out of debt

jeff123
New MMEX User

Posts: 2
Joined: Mon Feb 13, 2012 4:46 pm
These advises are good for the people who are facing such debts issues.I have never face such type of issue.But i think if you face something like this then you may consult such type of advise where from you can get lots of fruitful advises in order to avoid such type of hectic.
Re: Tips to get out of debt

cbhattarai
New MMEX User

Posts: 5
Joined: Thu Mar 29, 2012 5:22 am
I agree that insted of having new debt, it is better if you clear old one..
Re: Tips to get out of debt

Nikolay
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Location: Sankt-Petersburg, Russia
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Re: Tips to get out of debt

kia0205
New MMEX User

Posts: 2
Joined: Sat Sep 08, 2012 2:57 am
Many individuals have likely heard of the “snowball” debt method, a debt reduction technique which stresses results-based reinforcements. A study was recently released that signifies there is some merit to it. The researchers examined account activity at a debt management company, and found people using the snowball method were able to close more open debts than those who stuck to the more traditional method of paying off the debt with the highest interest rate first.
Re: Tips to get out of debt

nitishtrifid
New MMEX User

Posts: 3
Joined: Wed Sep 12, 2012 6:43 am
Such a great tips . this tips are really helpful for those one who are in very deep debt. i am sure these tips are very helpful for them
Re: Tips to get out of debt

Asahi1937
New MMEX User

Posts: 1
Joined: Thu Jan 03, 2013 11:18 pm
These are great tips on how to get out of debt. Although it is quite impossible to stop spending, just like what you said spend money on what is necessary and not on what you merely want to have. :)
A Penny saved is a Penny Earned. - Benjamin Franklin
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