Comments on: A Guide For Getting Out Of Credit Card Debt http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/ Frugal, Simple, Debt-Free Living, and Generous Giving Sat, 11 Feb 2012 21:06:49 +0000 hourly 1 http://wordpress.org/?v= By: Sean @ Laguna Beach Real Estate http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-15076 Sean @ Laguna Beach Real Estate Fri, 05 Aug 2011 08:13:49 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-15076 Hey Craig, Great Post; it's really key that people get organized with their credit cards. I'll pass this on to a number of young adults. The best thing we can do is teach our younger generation on being responsible on using Credit Cards for positive ways before they get in debt. Hey Craig,

Great Post; it’s really key that people get organized with their credit cards. I’ll pass this on to a number of young adults. The best thing we can do is teach our younger generation on being responsible on using Credit Cards for positive ways before they get in debt.

]]> By: Craig http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-14971 Craig Sun, 10 Jul 2011 11:06:06 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-14971 Nicole, I think your psychological DNA really impacts what makes you feel more energized. I have a cousin who likes boxing - it gets her adrenaline pumping. Not me. What really energized me to get rid of debt was high interest rates and the loss one every dollar. There simply is not a right way to do it, but you're right that lots of people have found the debt snowball to be an effective method. Nicole,
I think your psychological DNA really impacts what makes you feel more energized. I have a cousin who likes boxing – it gets her adrenaline pumping. Not me. What really energized me to get rid of debt was high interest rates and the loss one every dollar. There simply is not a right way to do it, but you’re right that lots of people have found the debt snowball to be an effective method.

]]> By: Nicole Couloute http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-14967 Nicole Couloute Sun, 10 Jul 2011 05:36:18 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-14967 The debt snowball works for alot of people. Some people might not even attempt to pay off their debt if they started with their high interest rate debt first. The debt snowball psychologically makes you feel that you are accomplishing something and then in turn you pay off more debt. The debt snowball works for alot of people. Some people might not even attempt to pay off their debt if they started with their high interest rate debt first. The debt snowball psychologically makes you feel that you are accomplishing something and then in turn you pay off more debt.

]]> By: OC Home Renters http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-14965 OC Home Renters Fri, 08 Jul 2011 23:20:58 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-14965 Hi Craig, you have some good suggestions about getting out of debt. With the real estate bubble bursting , a lot of people here in Orange County, CA have lost their homes, maxed out credit cards, and have been forced into renting a home instead owning. Their credit has taken a major hit and they are going to have to work to rebuild it. I think that for many people, paying off the lowest balance first may be the best thing to do. It can be a small but important bit of positive affirmation that they still have some control over their life and that they can move forward through these difficult times. For many people, renting a home will be the best and possibly only option for a while. It may take two to seven years for them to rebuild their credit to a level allowing them to buy a home again at a decent interest rate. Thanks Hi Craig, you have some good suggestions about getting out of debt.

With the real estate bubble bursting , a lot of people here in Orange County, CA have lost their homes, maxed out credit cards, and have been forced into renting a home instead owning. Their credit has taken a major hit and they are going to have to work to rebuild it.

I think that for many people, paying off the lowest balance first may be the best thing to do. It can be a small but important bit of positive affirmation that they still have some control over their life and that they can move forward through these difficult times.

For many people, renting a home will be the best and possibly only option for a while. It may take two to seven years for them to rebuild their credit to a level allowing them to buy a home again at a decent interest rate. Thanks

]]> By: Laguna Beach Real Estate http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-14647 Laguna Beach Real Estate Thu, 19 May 2011 03:06:57 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-14647 Great article. This is really beneficial in today's economy. Keeping yourself orgainized and out of debt will allow you to do a lot of things and not stress out on a day to day basis. Great article. This is really beneficial in today’s economy. Keeping yourself orgainized and out of debt will allow you to do a lot of things and not stress out on a day to day basis.

]]> By: Craig http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-13697 Craig Tue, 01 Feb 2011 19:23:43 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-13697 Norma, I would just highlight the column. You don't want to delete it because it would be a good reminder of what you've already accomplished. Norma,
I would just highlight the column. You don’t want to delete it because it would be a good reminder of what you’ve already accomplished.

]]> By: Norma Jean http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-13689 Norma Jean Tue, 01 Feb 2011 14:29:17 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-13689 I have downloaded the snowball spreadsheet. Is there a way to mark it off once you make a payment? Delete a column?? Thanks I have downloaded the snowball spreadsheet. Is there a way to mark it off once you make a payment? Delete a column?? Thanks

]]> By: Getting out of debt - step by step guide | Financial freedom through information http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-13185 Getting out of debt - step by step guide | Financial freedom through information Thu, 06 Jan 2011 18:27:00 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-13185 [...] Get out of credit card debt guide @ Money Help for Christians [...] [...] Get out of credit card debt guide @ Money Help for Christians [...]

]]> By: 5 Responsible Ways to Use Credit Cards | Invest It Wisely http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-12825 5 Responsible Ways to Use Credit Cards | Invest It Wisely Sat, 01 Jan 2011 03:50:25 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-12825 [...] fire, credit cards are a useful tool when used responsibly and within proper bounds. If you need to get out of credit card debt, then I recommend you focus on that first. The best personal finance software may help out with [...] [...] fire, credit cards are a useful tool when used responsibly and within proper bounds. If you need to get out of credit card debt, then I recommend you focus on that first. The best personal finance software may help out with [...]

]]> By: If the Worst Happened… « Budgeting In the Fun Stuff http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/comment-page-1/#comment-12099 If the Worst Happened… « Budgeting In the Fun Stuff Wed, 15 Dec 2010 11:02:57 +0000 http://www.moneyhelpforchristians.com/getting-out-of-credit-card-debt-a-how-to-guide/#comment-12099 [...] accounts, and stock invesments that could cover another 2-3 years.  We also never had or needed to get out of credit card debt and have no other consumer debt either.  So if one of us died, the other one could very easily [...] [...] accounts, and stock invesments that could cover another 2-3 years.  We also never had or needed to get out of credit card debt and have no other consumer debt either.  So if one of us died, the other one could very easily [...]

]]>