Comments on: The Good And Bad Of Five Cent Nickel On Dave Ramsey http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/ Debt Reduction Rocks - We Are Living Debt Free! Sat, 21 Nov 2009 11:44:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: tim http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/comment-page-1/#comment-631 tim Tue, 13 Feb 2007 19:17:15 +0000 http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/#comment-631 NCN I agree. Although I did it in reverse, you need definable goals and to see success. if you try to tackle an entire mountain at once, you are sure to fail. if you break up the climb up, it is much easier to manage. it may take you longer, but you are more likely to succeed. the reason why people get into debt is because of compulsive spending, so being impatient in getting out of debt, will more than likely cause you to be in farther debt. the first time i paid off debt, i wanted to do it quickly and get it over with; however, i went quickly back into debt, because i didn't establish foundation for post-debt. it's all fine and good to focus on getting out of debt, but you must plan for post-debt. perhaps one of you pf bloggers can write some good things about post-debt planning. Something like, ok so you paid your last 50% credit card, now what?, article. NCN I agree. Although I did it in reverse, you need definable goals and to see success. if you try to tackle an entire mountain at once, you are sure to fail. if you break up the climb up, it is much easier to manage. it may take you longer, but you are more likely to succeed. the reason why people get into debt is because of compulsive spending, so being impatient in getting out of debt, will more than likely cause you to be in farther debt. the first time i paid off debt, i wanted to do it quickly and get it over with; however, i went quickly back into debt, because i didn’t establish foundation for post-debt.

it’s all fine and good to focus on getting out of debt, but you must plan for post-debt. perhaps one of you pf bloggers can write some good things about post-debt planning. Something like, ok so you paid your last 50% credit card, now what?, article.

]]> By: fivecentnickel.com http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/comment-page-1/#comment-630 fivecentnickel.com Tue, 13 Feb 2007 19:04:06 +0000 http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/#comment-630 Your awesome bright green site is clearly better. You rock. :) Your awesome bright green site is clearly better. You rock. :)

]]> By: Sam http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/comment-page-1/#comment-629 Sam Tue, 13 Feb 2007 18:49:44 +0000 http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/#comment-629 Dave Ramsey is bad at math, but his baby steps are an easy to understand and easy to follow plan. Someone who follows his plan will likely pay more in interest, but they will pay a lot less in interest by paying of their debts. Dave Ramsey is bad at math, but his baby steps are an easy to understand and easy to follow plan. Someone who follows his plan will likely pay more in interest, but they will pay a lot less in interest by paying of their debts.

]]> By: MERLE SNEED http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/comment-page-1/#comment-627 MERLE SNEED Tue, 13 Feb 2007 18:12:03 +0000 http://www.ncnblog.com/2007/02/13/the-good-and-bad-of-five-cent-nickel-on-dave-ramsey/#comment-627 NCN, From time to time I have minor issues with Dave's advice, but you can't argue that the man is on to something big. On the matter of the debt snowball he is dead on. People deeply in debt need a place to start and trying to overcome $20K crerdit card debt is not the place to start. The $350 one is. Merle. NCN,

From time to time I have minor issues with Dave’s advice, but you can’t argue that the man is on to something big.

On the matter of the debt snowball he is dead on. People deeply in debt need a place to start and trying to overcome $20K crerdit card debt is not the place to start. The $350 one is.

Merle.

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