Comments on: I’m In Big Financial Trouble – Where Do I Start? http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/ Simple, applicable personal finance advice for the modern world Fri, 10 Feb 2012 07:17:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ashton http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-927518 Ashton Fri, 15 Oct 2010 01:36:39 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-927518 I never want to be in credit card debt. But $10,000 isn't that bad. I have $8,000 left on my student loan. Just a few more years and it is gone! I never want to be in credit card debt. But $10,000 isn’t that bad. I have $8,000 left on my student loan. Just a few more years and it is gone!

]]> By: mac http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-923990 mac Fri, 10 Sep 2010 07:52:23 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-923990 If you pay $200 every month to pay off the $10,000 credit card debt, it will take about 4 years to eliminate it. How did you manage it in only a few months? If you pay $200 every month to pay off the $10,000 credit card debt, it will take about 4 years to eliminate it. How did you manage it in only a few months?

]]> By: David http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-851046 David Tue, 26 Jan 2010 23:06:45 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-851046 For people who really need financial help, that are really in trouble, check out this site, and click on the "Who Needs One" for one tool to survive financial problems. http://investmenttrustcompanyofcalifornia.com David For people who really need financial help, that are really in trouble, check out this site, and click on the “Who Needs One” for one tool to survive financial problems.

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David

]]> By: Leanne http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-34193 Leanne Tue, 12 Jun 2007 16:11:25 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-34193 I agree with cutting non-essentials. The easiest way to stay out of debt is to stay away from credit cards. I pay 100% cash for everything, including going out to eat. If I can't pay for it then, then I don't need it. I raise a fzmily of 6 (1 in college) on $24,000 a year. Its not easy but it can be done. I agree with cutting non-essentials. The easiest way to stay out of debt is to stay away from credit cards. I pay 100% cash for everything, including going out to eat. If I can’t pay for it then, then I don’t need it. I raise a fzmily of 6 (1 in college) on $24,000 a year. Its not easy but it can be done.

]]> By: Trent http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-771 Trent Thu, 07 Dec 2006 23:13:12 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-771 I paid cash 100% for essential expenses. I refused to incur any debt at all while in this stage. I paid cash 100% for essential expenses. I refused to incur any debt at all while in this stage.

]]> By: Mukesh http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-770 Mukesh Thu, 07 Dec 2006 23:09:17 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-770 I understand how you reduced non-essential expenses, but in your essential expenses, aren't you considering food, gas, utilities, clothing (other than your loans)... if you did, how did you pay for them without increasing your dept on your credit card? Did you just simply pay with cash 100%? I understand how you reduced non-essential expenses, but in your essential expenses, aren’t you considering food, gas, utilities, clothing (other than your loans)… if you did, how did you pay for them without increasing your dept on your credit card? Did you just simply pay with cash 100%?

]]> By: Trent http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-8 Trent Tue, 31 Oct 2006 18:38:32 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-8 I managed to actually keep my bills paid pretty well even through my financial crises, so my credit score survived well. Transferring my balance was one piece of the puzzle of escaping, but the first and hardest piece was really switching to the appropriate mindset to do it. I managed to actually keep my bills paid pretty well even through my financial crises, so my credit score survived well. Transferring my balance was one piece of the puzzle of escaping, but the first and hardest piece was really switching to the appropriate mindset to do it.

]]> By: Frugal Frugalson http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/comment-page-1/#comment-4 Frugal Frugalson Tue, 31 Oct 2006 16:53:31 +0000 http://www.thesimpledollar.com/2006/10/31/im-in-big-financial-trouble-where-do-i-start/#comment-4 You don't say what your credit score is like, but have you considered applying for some new credit cards that offer 0% balance transfers? This would allow you to save some money and pay down your credit card balances sooner since you wouldn't have to deal with that 10% credit card interest. You don’t say what your credit score is like, but have you considered applying for some new credit cards that offer 0% balance transfers? This would allow you to save some money and pay down your credit card balances sooner since you wouldn’t have to deal with that 10% credit card interest.

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