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	<title>Comments on: Avoid 10 Common Debt Reduction Mistakes</title>
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	<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/</link>
	<description>Debt Reduction Rocks - We Are Living Debt Free!</description>
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		<title>By: Jonathan Paul</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-177239</link>
		<dc:creator>Jonathan Paul</dc:creator>
		<pubDate>Wed, 14 Oct 2009 09:45:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-177239</guid>
		<description>Stop buying what you cannot afford Pay cash for normal expenses 
Do not buy what you do not need Create an Emergency Fund Stop Getting Credit Cards .Just paying careful attention to the amount of debt you accumulate and of course, paying it back, will yeild postive results for you and your future!

:-)
Keep blogging</description>
		<content:encoded><![CDATA[<p>Stop buying what you cannot afford Pay cash for normal expenses<br />
Do not buy what you do not need Create an Emergency Fund Stop Getting Credit Cards .Just paying careful attention to the amount of debt you accumulate and of course, paying it back, will yeild postive results for you and your future!</p>
<p> <img src='http://www.ncnblog.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /><br />
Keep blogging</p>
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		<title>By: Seth</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-158537</link>
		<dc:creator>Seth</dc:creator>
		<pubDate>Wed, 29 Apr 2009 04:19:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-158537</guid>
		<description>#10... that&#039;s inspiring. We all need to realize that we can choose our desired outcome!
Thanks.
Seth
&lt;a href=&quot;http://www.reducecreditdebt.org&quot; rel=&quot;nofollow&quot;&gt;Reduce Credit Debt&lt;/a&gt;.org</description>
		<content:encoded><![CDATA[<p>#10&#8230; that&#8217;s inspiring. We all need to realize that we can choose our desired outcome!<br />
Thanks.<br />
Seth<br />
<a href="http://www.reducecreditdebt.org" rel="nofollow">Reduce Credit Debt</a>.org</p>
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		<title>By: Bill</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-139425</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Thu, 11 Dec 2008 21:18:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-139425</guid>
		<description>Debt reduction is huge business these days.  Be leary of someone who promises you the world without telling you the pitfalls.  A good company will be accredited by the Better Business Bureau, will be low-priced, and will explain the advantages and disadvantages.</description>
		<content:encoded><![CDATA[<p>Debt reduction is huge business these days.  Be leary of someone who promises you the world without telling you the pitfalls.  A good company will be accredited by the Better Business Bureau, will be low-priced, and will explain the advantages and disadvantages.</p>
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	<item>
		<title>By: Presenting the 74th Carnival of Debt Reduction &#187; Blogging Away Debt</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-75448</link>
		<dc:creator>Presenting the 74th Carnival of Debt Reduction &#187; Blogging Away Debt</dc:creator>
		<pubDate>Sun, 20 Jan 2008 18:52:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-75448</guid>
		<description>[...] presents Avoid 10 Common Debt Reduction Mistakes &#8220;If you want to get out of debt (and stay out of debt) pay close attention to the [...]</description>
		<content:encoded><![CDATA[<p>[...] presents Avoid 10 Common Debt Reduction Mistakes &#8220;If you want to get out of debt (and stay out of debt) pay close attention to the [...]</p>
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	<item>
		<title>By: Dave Mason</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-56968</link>
		<dc:creator>Dave Mason</dc:creator>
		<pubDate>Fri, 30 Nov 2007 01:02:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-56968</guid>
		<description>One thing that I have done well with is a little mantra when I am about to make a purchase.  Live by your needs and not your wants.  I know it sounds easy but it can be tempting not to follow this.  I am debt free today but 10 years ago it was a different story.  I enjoy piece of mind more than worrying about how I am going to pay for something.

Debt Free Dave
http://getprequalified.com</description>
		<content:encoded><![CDATA[<p>One thing that I have done well with is a little mantra when I am about to make a purchase.  Live by your needs and not your wants.  I know it sounds easy but it can be tempting not to follow this.  I am debt free today but 10 years ago it was a different story.  I enjoy piece of mind more than worrying about how I am going to pay for something.</p>
<p>Debt Free Dave<br />
<a href="http://getprequalified.com" rel="nofollow">http://getprequalified.com</a></p>
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	<item>
		<title>By: (Almost) Everything I Know About Debt Repayment!</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-26382</link>
		<dc:creator>(Almost) Everything I Know About Debt Repayment!</dc:creator>
		<pubDate>Thu, 02 Aug 2007 19:17:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-26382</guid>
		<description>[...] 10 mistakes that I would try to avoid while getting out of debt. [...]</description>
		<content:encoded><![CDATA[<p>[...] 10 mistakes that I would try to avoid while getting out of debt. [...]</p>
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	<item>
		<title>By: Death Insurance WebLog &#187; Blog Archive &#187; Debt Help - (Consolidation, repair, save money)</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-24806</link>
		<dc:creator>Death Insurance WebLog &#187; Blog Archive &#187; Debt Help - (Consolidation, repair, save money)</dc:creator>
		<pubDate>Sun, 22 Jul 2007 09:54:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-24806</guid>
		<description>[...] No Credit Needed » Blog Archive » Avoid 10 Common Debt Reduction &#8230; Plus, who wants to risk their home for the sake of paying off unsecured credit card debt? 8. Try not to make major &#8230; But ill hold off for a couple more months to see what happens. Thanks for the &#8230; http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/ [...]</description>
		<content:encoded><![CDATA[<p>[...] No Credit Needed » Blog Archive » Avoid 10 Common Debt Reduction &#8230; Plus, who wants to risk their home for the sake of paying off unsecured credit card debt? 8. Try not to make major &#8230; But ill hold off for a couple more months to see what happens. Thanks for the &#8230; <a href="http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/" rel="nofollow">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/</a> [...]</p>
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	<item>
		<title>By: No Credit Needed &#187; Blog Archive &#187; NCN Reaches The FINAL FOUR!</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-24400</link>
		<dc:creator>No Credit Needed &#187; Blog Archive &#187; NCN Reaches The FINAL FOUR!</dc:creator>
		<pubDate>Fri, 20 Jul 2007 01:10:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-24400</guid>
		<description>[...] the DEATH! (OK, maybe not to the &#8220;death&#8221;&#8230; but it would be cool to win!) My post, Avoid 10 Common Debt Reduction Mistakes, has made it to the final four. My competition, Five Cent Nickel, is a great blogger, and a good [...]</description>
		<content:encoded><![CDATA[<p>[...] the DEATH! (OK, maybe not to the &#8220;death&#8221;&#8230; but it would be cool to win!) My post, Avoid 10 Common Debt Reduction Mistakes, has made it to the final four. My competition, Five Cent Nickel, is a great blogger, and a good [...]</p>
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	<item>
		<title>By: Why I Don&#8217;t Have An Emergency Fund &#171; Bourgeois and Broke</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-21678</link>
		<dc:creator>Why I Don&#8217;t Have An Emergency Fund &#171; Bourgeois and Broke</dc:creator>
		<pubDate>Tue, 03 Jul 2007 04:41:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-21678</guid>
		<description>[...] it would seem the reasoning behind the argument in favour of an emergency fund is actually either for people who aren&#8217;t in debt (keeping some liquid reserves), OR in order [...]</description>
		<content:encoded><![CDATA[<p>[...] it would seem the reasoning behind the argument in favour of an emergency fund is actually either for people who aren&#8217;t in debt (keeping some liquid reserves), OR in order [...]</p>
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	<item>
		<title>By: Steve "The Debt Reduction Man" B</title>
		<link>http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/comment-page-1/#comment-15661</link>
		<dc:creator>Steve "The Debt Reduction Man" B</dc:creator>
		<pubDate>Thu, 07 Jun 2007 17:13:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.ncnblog.com/2007/02/09/avoid-10-common-debt-reduction-mistakes/#comment-15661</guid>
		<description>I totally agree especially with point number 7.  Many people that I speak with that used a home loan to pay off their unsecured debt, ends up right where they were before except now they have a much higher mortgage and have a high risk of losing their home.  By using a home loan you are not reducing your debt but simply converting it from a not so risky unsecured debt into risky secured debt.</description>
		<content:encoded><![CDATA[<p>I totally agree especially with point number 7.  Many people that I speak with that used a home loan to pay off their unsecured debt, ends up right where they were before except now they have a much higher mortgage and have a high risk of losing their home.  By using a home loan you are not reducing your debt but simply converting it from a not so risky unsecured debt into risky secured debt.</p>
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