Comments on: Which Debt Should You Pay First? http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/ Money Management, Small Business, Career Thu, 09 Feb 2012 19:08:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Know The Ledge http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/#comment-6779 Know The Ledge Sat, 29 Mar 2008 20:31:05 +0000 http://cashmoneylife.com/2008/03/13/get-out-of-debt-reduction-dave-ramsey/#comment-6779 Paying fees for being late on debt payments is an easy way to waste money (and hurt your credit in the process). Definitely get current on those credit cards first, then start paying stuff down. Paying fees for being late on debt payments is an easy way to waste money (and hurt your credit in the process). Definitely get current on those credit cards first, then start paying stuff down.

]]> By: Get Out Of Debt Squirrel http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/#comment-6484 Get Out Of Debt Squirrel Tue, 18 Mar 2008 15:23:39 +0000 http://cashmoneylife.com/2008/03/13/get-out-of-debt-reduction-dave-ramsey/#comment-6484 K, The most important thing is that you have started to clear your debts. I wish you and your family the best of luck for the future. K, The most important thing is that you have started to clear your debts. I wish you and your family the best of luck for the future.

]]> By: sara l http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/#comment-6427 sara l Sun, 16 Mar 2008 21:21:42 +0000 http://cashmoneylife.com/2008/03/13/get-out-of-debt-reduction-dave-ramsey/#comment-6427 I think the post was good. In the event that K doesn't read all of the baby steps post one thing wasn't stated explicitly. Her family needs to make a commitment to paying the minimum on all three credit calls each month. Good luck K. I think the post was good. In the event that K doesn’t read all of the baby steps post one thing wasn’t stated explicitly. Her family needs to make a commitment to paying the minimum on all three credit calls each month.

Good luck K.

]]> By: fathersez http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/#comment-6386 fathersez Fri, 14 Mar 2008 09:32:57 +0000 http://cashmoneylife.com/2008/03/13/get-out-of-debt-reduction-dave-ramsey/#comment-6386 This seems to be sound advice. Once our friend K gets the high from eliminating one debt, she should really be fired up. K's real fortunate she has people like you to highlight her problems, and get advice that has worked for so many others. This seems to be sound advice.

Once our friend K gets the high from eliminating one debt, she should really be fired up.

K’s real fortunate she has people like you to highlight her problems, and get advice that has worked for so many others.

]]> By: Ron@TheWisdomJournal http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/#comment-6372 Ron@TheWisdomJournal Thu, 13 Mar 2008 15:37:18 +0000 http://cashmoneylife.com/2008/03/13/get-out-of-debt-reduction-dave-ramsey/#comment-6372 Agreed, we need more info. But, good heavens, get current. You won't be able to get into another car at a decent interest rate if you're behind on three credit cards anyway! Pay those off with the rebate (if it's enough) then start attacking that car loan. Get current, get on a budget, get an emergency fund, and you'll be further along than 90% of the people you know. Agreed, we need more info.

But, good heavens, get current. You won’t be able to get into another car at a decent interest rate if you’re behind on three credit cards anyway! Pay those off with the rebate (if it’s enough) then start attacking that car loan.

Get current, get on a budget, get an emergency fund, and you’ll be further along than 90% of the people you know.

]]> By: paidtwice http://cashmoneylife.com/get-out-of-debt-reduction-dave-ramsey/#comment-6357 paidtwice Thu, 13 Mar 2008 12:18:30 +0000 http://cashmoneylife.com/2008/03/13/get-out-of-debt-reduction-dave-ramsey/#comment-6357 I know I talk a lot on my site about interest order, but when you are paying late fees, you are effectively paying a *mush* higher interest rate on those cards in the form of those late fees. So getting those knocked down some so you aren't paying overlimit fees etc is very important. As for what to do next, without details at Ryan said it is hard to decide, but looking into getting rid of the car regardless of the economic stimulus check is a good idea I think. If you can find a reliable used car to buy with some of the stimulas check as down payment tgat could work out too. Good luck!! I know I talk a lot on my site about interest order, but when you are paying late fees, you are effectively paying a *mush* higher interest rate on those cards in the form of those late fees. So getting those knocked down some so you aren’t paying overlimit fees etc is very important.

As for what to do next, without details at Ryan said it is hard to decide, but looking into getting rid of the car regardless of the economic stimulus check is a good idea I think. If you can find a reliable used car to buy with some of the stimulas check as down payment tgat could work out too.

Good luck!!

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