Monthly Archives: March, 2007

Money Blogger Podcast: Author Agrees With NCN?

One of my fellow podcasters, Scott from the Money Blogger Podcast, recently interviewed Janine Bolon, author of Ditching Debt. Before the interview, Scott asked me to submit any questions that I might have for Janine. Two of my questions were used. In what order should you pay off your debts? (I paid off my debts [...]

Free Money Finance: Elite 8 Includes NCN!

Free Money Finance has been running a “March Madness” style match up of personal finance posts. One of my posts made it through to the ELITE EIGHT! Yes! Please take a second to read all eight awesome posts over at Free Money Finance. My post is Avoid 10 Common Debt Reduction Mistakes. To be honest, [...]

Roth IRA Contribution Limits, Tradeking, Emergency Fund

I recently setup two Roth IRAs with Tradeking.com. After some debate, I have decided to withdraw $8000 from my savings account so that I can fully fund both IRAs for 2006. While I dislike the idea of depleting my emergency fund, I HATE the idea of missing out on 2006′s contributions. If you’ve ever wondered, [...]

Making Multiple Payments: Visual Aids!!!

I used Dave Ramsey’s “Snowball Method” to get out of debt. Basically, you list your debts “smallest balance-to-largest balance,” pay your minimums, and then pay extra towards the smallest debt balance. This method focuses on the “psychological impact of getting rid of those smaller debts.” There are several OTHER methods for debt reduction. The MOST [...]