Comments on: From Overwhelmed To In Control http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/ 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: How To MIG Weld http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-170809 How To MIG Weld Mon, 27 Jul 2009 22:18:38 +0000 http://www.ncnblog.com/?p=2268#comment-170809 The most important thing to do is to make sure you work through your debt, starting with the highest interest rate that your paying. Once you eliminate these high interest loans, you'll notice that it becomes much more easy to get your debt under control. Once it's under crontrol, it was much easier to keep it there. The most important thing to do is to make sure you work through your debt, starting with the highest interest rate that your paying. Once you eliminate these high interest loans, you’ll notice that it becomes much more easy to get your debt under control. Once it’s under crontrol, it was much easier to keep it there.

]]> By: Alex http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-152970 Alex Sat, 21 Mar 2009 08:20:40 +0000 http://www.ncnblog.com/?p=2268#comment-152970 Hello from Romania :) I never thought there is such a great community of "debt reducers". I've seen plonkee's blog, then ipaidittwice's one... And here's yours - a fantastic one! Although Eastern European incomes cannot compare to the American ones, I still have this sort of problems. With a consumer debt of about 70% of my annual net income, I'm about to panic. ...That's why I find your articles and advices very (very!) useful. Thanks a lot for them and best luck to you and the community! Hello from Romania :)

I never thought there is such a great community of “debt reducers”. I’ve seen plonkee’s blog, then ipaidittwice’s one… And here’s yours – a fantastic one!

Although Eastern European incomes cannot compare to the American ones, I still have this sort of problems. With a consumer debt of about 70% of my annual net income, I’m about to panic.

…That’s why I find your articles and advices very (very!) useful. Thanks a lot for them and best luck to you and the community!

]]> By: auto loans http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-151967 auto loans Mon, 16 Mar 2009 16:27:11 +0000 http://www.ncnblog.com/?p=2268#comment-151967 I believe the key is taking one task at a time. Many times we get overwhelmed because we try to fix everything all at once. Handling your finances is an ongoing task that you must visit regularly if not you will get overwhelmed. I believe the key is taking one task at a time. Many times we get overwhelmed because we try to fix everything all at once. Handling your finances is an ongoing task that you must visit regularly if not you will get overwhelmed.

]]> By: B Simple http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-150445 B Simple Tue, 10 Mar 2009 02:45:46 +0000 http://www.ncnblog.com/?p=2268#comment-150445 Really great tips. I believe the key is taking one task at a time. Many times we get overwhelmed because we try to fix everything all at once. Handling your finances is an ongoing task that you must visit regularly if not you will get overwhelmed. Really great tips. I believe the key is taking one task at a time. Many times we get overwhelmed because we try to fix everything all at once. Handling your finances is an ongoing task that you must visit regularly if not you will get overwhelmed.

]]> By: Sherry http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-150214 Sherry Mon, 09 Mar 2009 02:16:50 +0000 http://www.ncnblog.com/?p=2268#comment-150214 I wish more would think ahead and create a financial inventory for the spouse that is not taking part in the day to day financial management. Many leave everything to their partner to manage. It may make sense in that one might have better management skills, but I've seen far to many cases where something did happen. The surviving partner has enough to deal with without being hopelessly lost in regards to what their financial status is. At the very least they should have knowledge of where to find the information. I wish more would think ahead and create a financial inventory for the spouse that is not taking part in the day to day financial management. Many leave everything to their partner to manage. It may make sense in that one might have better management skills, but I’ve seen far to many cases where something did happen. The surviving partner has enough to deal with without being hopelessly lost in regards to what their financial status is. At the very least they should have knowledge of where to find the information.

]]> By: Vic http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-149901 Vic Sat, 07 Mar 2009 02:33:56 +0000 http://www.ncnblog.com/?p=2268#comment-149901 I am self employed and it's habit for me to keep an emergency fund. Just keep it in my savings account. Also I don't spend more (with my credit cards) than what I can pay off in full the next month. I am self employed and it’s habit for me to keep an emergency fund. Just keep it in my savings account. Also I don’t spend more (with my credit cards) than what I can pay off in full the next month.

]]> By: Liz http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-149885 Liz Fri, 06 Mar 2009 20:52:31 +0000 http://www.ncnblog.com/?p=2268#comment-149885 Thanks for the info on the emergency fund mine is under $1000 but I am going to work on adding to it and do the snowball especially since my car is 20 years old. Thanks for the info on the emergency fund mine is under $1000 but
I am going to work on adding to it and do the snowball especially since my car is 20 years old.

]]> By: Jonathan http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-149862 Jonathan Fri, 06 Mar 2009 16:09:08 +0000 http://www.ncnblog.com/?p=2268#comment-149862 If you had to do it over again, would you first full fund your emergency savings or pay off the debt first while maintaining a smaller emergency savings or work on both simultaneously. I currently have an emergency fund of a little over $1000 and CC debt with a CU of $9000 at 8.9% fixed. Trying to decide if it's better to up the emergency fund or plow everything at the debt first. It's just me and a two year old child and we have great health coverage, thankfully! Haven't used a CC in 2 years, so I'm not adding any new debt. If you had to do it over again, would you first full fund your emergency savings or pay off the debt first while maintaining a smaller emergency savings or work on both simultaneously.

I currently have an emergency fund of a little over $1000 and CC debt with a CU of $9000 at 8.9% fixed. Trying to decide if it’s better to up the emergency fund or plow everything at the debt first.

It’s just me and a two year old child and we have great health coverage, thankfully!

Haven’t used a CC in 2 years, so I’m not adding any new debt.

]]> By: NCN http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-149854 NCN Fri, 06 Mar 2009 14:53:49 +0000 http://www.ncnblog.com/?p=2268#comment-149854 @Liz I always maintained my mini-emergency fund, before and during my snowball... @Liz I always maintained my mini-emergency fund, before and during my snowball…

]]> By: Jerry http://www.ncnblog.com/2009/03/05/from-overwhelmed-to-in-control/comment-page-1/#comment-149847 Jerry Fri, 06 Mar 2009 14:08:18 +0000 http://www.ncnblog.com/?p=2268#comment-149847 Reading this reminded me that I need to update my term life insurance policy. These are great tips. It's so good to remember to surround yourself with supportive and like-minded friends. I've seen it make a difference in my life and it's obviously make a difference if yours. Having the right friends can lead you to make better decisions. You are who your friends are, as they say. Best wishes and continued success. Jerry www.leads4insurance.com Reading this reminded me that I need to update my term life insurance policy. These are great tips. It’s so good to remember to surround yourself with supportive and like-minded friends. I’ve seen it make a difference in my life and it’s obviously make a difference if yours. Having the right friends can lead you to make better decisions. You are who your friends are, as they say. Best wishes and continued success.
Jerry
http://www.leads4insurance.com

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