Comments on: Getting Out Of Debt: 10 Ideas About How To Begin http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/ 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: 2007 - No Credit Needed Year-End Review (May) http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-62905 2007 - No Credit Needed Year-End Review (May) Tue, 18 Dec 2007 22:10:11 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-62905 [...] May 6 - Getting Out Of Debt: 10 Ideas About How To Begin [...] [...] May 6 – Getting Out Of Debt: 10 Ideas About How To Begin [...]

]]> By: Claudia http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-49575 Claudia Mon, 12 Nov 2007 08:07:48 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-49575 I cannot live without a credit card. But I managed to reduce my debt. I tried to <a href="”http://www.requestcredit.com/Immediate-credit-card-care-service-881973-page_62.php”"> learn more about credit deals </a>, I found out all the details I could. Now I use my credit cards more wisely and I am not afraid of debts. Now I don’t think that credit cards are evil any more, but find them very useful and convenient tools that let to make life easier. I cannot live without a credit card. But I managed to reduce my debt. I tried to learn more about credit deals , I found out all the details I could. Now I use my credit cards more wisely and I am not afraid of debts. Now I don’t think that credit cards are evil any more, but find them very useful and convenient tools that let to make life easier.

]]> By: I’m Frugal, So Why Can’t I Save More Money? » Money and Personal Finance Blog In Silicon Valley http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-27343 I’m Frugal, So Why Can’t I Save More Money? » Money and Personal Finance Blog In Silicon Valley Thu, 09 Aug 2007 14:08:19 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-27343 [...] regardless of additions to their family — take for instance Nickel from Five Cent Nickel, NCN from No Credit Needed and Trent from The Simple Dollar, all of whom have been successfully navigating the financial [...] [...] regardless of additions to their family — take for instance Nickel from Five Cent Nickel, NCN from No Credit Needed and Trent from The Simple Dollar, all of whom have been successfully navigating the financial [...]

]]> By: Trans Union WebLog » Blog Archive » Changing Your Life Through Better Money Management http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-24626 Trans Union WebLog » Blog Archive » Changing Your Life Through Better Money Management Sat, 21 Jul 2007 04:00:42 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-24626 [...] No Credit Needed » Blog Archive » Getting Out Of Debt: 10 Ideas … I created a plan to get out of debt that was realistic AND challenging. In fact, I “missed” my … I hope that you are excited about getting out of debt and living debt-free. Click here for a … http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/ [...] [...] No Credit Needed » Blog Archive » Getting Out Of Debt: 10 Ideas … I created a plan to get out of debt that was realistic AND challenging. In fact, I “missed” my … I hope that you are excited about getting out of debt and living debt-free. Click here for a … http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/ [...]

]]> By: Low Interest Credit Cards WebLog » Blog Archive » Mortgage Loans | Get Out of Debt | Homeowner Loans | Debt Elimination http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-24356 Low Interest Credit Cards WebLog » Blog Archive » Mortgage Loans | Get Out of Debt | Homeowner Loans | Debt Elimination Thu, 19 Jul 2007 19:53:11 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-24356 [...] No Credit Needed » Blog Archive » Getting Out Of Debt: 10 Ideas … Search … I hope that you are excited about getting out of debt and living debt-free. Click here for a collection … http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/ [...] [...] No Credit Needed » Blog Archive » Getting Out Of Debt: 10 Ideas … Search … I hope that you are excited about getting out of debt and living debt-free. Click here for a collection … http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/ [...]

]]> By: No Credit Needed » Blog Archive » The 88th Edition Of The Carnival Of Debt Reduction Hosted By No Credit Needed http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-13214 No Credit Needed » Blog Archive » The 88th Edition Of The Carnival Of Debt Reduction Hosted By No Credit Needed Mon, 21 May 2007 12:02:31 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-13214 [...] 10 Ideas About How To Begin [...] [...] 10 Ideas About How To Begin [...]

]]> By: Carnival of Personal Finance #100 Recap - Part 1 at Clever Dude Personal Finance & Money http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-12353 Carnival of Personal Finance #100 Recap - Part 1 at Clever Dude Personal Finance & Money Tue, 15 May 2007 01:54:30 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-12353 [...] (No Credit Needed) posted 10 ideas to begin getting out of debt. I actually was able to just stop using credit cards for a couple years until our wedding came. But [...] [...] (No Credit Needed) posted 10 ideas to begin getting out of debt. I actually was able to just stop using credit cards for a couple years until our wedding came. But [...]

]]> By: Sam http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-11538 Sam Mon, 07 May 2007 20:56:34 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-11538 Good stuff, I found NCN's step #2 to be the most important part of my debt repayment plan. Figuring out how much total debt we had was a serious wake up call. Good stuff, I found NCN’s step #2 to be the most important part of my debt repayment plan. Figuring out how much total debt we had was a serious wake up call.

]]> By: Moneymonk http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-11517 Moneymonk Mon, 07 May 2007 16:37:00 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-11517 I myself don't have a credit card as well. With our $1500 mini emergency fund and 4 months of expenses saved. Who needs a credit card!!! I myself don’t have a credit card as well. With our $1500 mini emergency fund and 4 months of expenses saved. Who needs a credit card!!!

]]> By: db http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/comment-page-1/#comment-11508 db Mon, 07 May 2007 15:01:54 +0000 http://www.ncnblog.com/2007/05/06/getting-out-of-debt-10-ideas-about-how-to-begin/#comment-11508 Just to reiterate -- I too have been climbing out of debt following most of NCN's steps myself. I started doing this long before I met NCN. It's the steps that work! Not anything magical about NCN or myself. My use of the steps reflect the fact that I'm single. So the only person I need to consult with is me. This is both a blessing and a curse, since I only have to convince myself, but at the end of the day I have nobody to blame but myself if I fall off course or WANT to fall off course. NCN's steps are a good solid plan to getting rid of the debt. I'll add one more step: 11. Audit your current monthly expenses and look for creative ways to cut costs. For me this led to several things: --Taking public transportation to work, substituting a monthly $54 bus pass instead of $150 in monthly parking fees (and also meaning I buy gas much less frequently) --Raising car insurance deductibles since I hardly drive anymore, lowering my insurance by over $200/year. (I don't advise this if you drive a lot or on the freeway though.) --Cutting my cable to the basic $14 package. --Eliminating a lot of magazine subscriptions and hobbies where I was paying to take classes. Eliminating a costly gym membership. --Eliminating dry cleaning from my laundry expenses. When you are spending less each month, you have more to pay on debt. Do what makes sense for you! Make War on Debt! DB www.debtblitzkrieg.com Just to reiterate — I too have been climbing out of debt following most of NCN’s steps myself. I started doing this long before I met NCN. It’s the steps that work! Not anything magical about NCN or myself.

My use of the steps reflect the fact that I’m single. So the only person I need to consult with is me. This is both a blessing and a curse, since I only have to convince myself, but at the end of the day I have nobody to blame but myself if I fall off course or WANT to fall off course.

NCN’s steps are a good solid plan to getting rid of the debt. I’ll add one more step:

11. Audit your current monthly expenses and look for creative ways to cut costs. For me this led to several things:

–Taking public transportation to work, substituting a monthly $54 bus pass instead of $150 in monthly parking fees (and also meaning I buy gas much less frequently)

–Raising car insurance deductibles since I hardly drive anymore, lowering my insurance by over $200/year. (I don’t advise this if you drive a lot or on the freeway though.)

–Cutting my cable to the basic $14 package.

–Eliminating a lot of magazine subscriptions and hobbies where I was paying to take classes. Eliminating a costly gym membership.

–Eliminating dry cleaning from my laundry expenses.

When you are spending less each month, you have more to pay on debt. Do what makes sense for you!

Make War on Debt!
DB
http://www.debtblitzkrieg.com

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