Comments on: How to Fix Your Rotten “Get Out of Debt” Plan

By: Good Reads From Around the Web - PF Link Roundup.

Good Reads From Around the Web - PF Link Roundup. — Thu, 01 Nov 2012 16:51:26 +0000

[…] came across a very interesting article from The Free Financial Advisor titled: How to Fix Your Rotten “Get Out of Debt” Plan. What made this post so interesting to me was the comparison it draws between how businesses manage […]

By: Five Money-Saving Tasks That'll Help You Cha-Ching! in the 4th Quarter - The Free Financial Advisor

Thu, 04 Oct 2012 18:01:35 +0000

[…] you’re going to be successful in your financial life, treat it as if it’s a business and you’re trying to hear that awesome cash register sound. If you don’t, you’ll always prioritize yourself behind more “important” activities like […]

By: Weekend Wind Down 9/29/2012 – Angry with SB1040!

Weekend Wind Down 9/29/2012 – Angry with SB1040! — Sat, 29 Sep 2012 10:01:33 +0000

[…] Do you run your family finances like a business? You may want to after reading Average Joe’s post How to Fix Your Rotten “Get Out of Debt” Plan. […]

By: 4000 Millionaires Don’t Pay Taxes – Uncommon Money News (Round Up) | Watson Inc

Fri, 28 Sep 2012 11:48:39 +0000

[…] you think about your finances like a business? Joe provide some spot-on wisdom about how to fix your get out of debt plan through objective assessment and planning. (Free Financial […]

By: My Money Design

My Money Design — Thu, 27 Sep 2012 16:50:46 +0000

Joe, I love this! If more people started running their family finances like a business rather than something they just mush together, we’d have a lot fewer problems on our hands! We could all learn something about having a 1) annual budget, 2) cash flow plan, 3) ROI!

Obviously I feel like the MMD stock is going up!

By: DC @ Young Adult Money

DC @ Young Adult Money — Wed, 26 Sep 2012 17:40:44 +0000

“Companies manage interest rates and terms effectively, while most people don’t.”

Interest rates are so important to take into consideration. They make a huge difference. Great post.

By: Marissa @ Thirtysixmonths

Marissa @ Thirtysixmonths — Wed, 26 Sep 2012 16:23:14 +0000

I took the half and half approach. While I expedited my debt payments, I still made sure I took advantage of the markets.

By: Jeremy @ Modest Money

Jeremy @ Modest Money — Wed, 26 Sep 2012 15:47:15 +0000

In reply to Average Joe. I think it really depends on a person's situation. Cutting expenses enough can make a person wealthy in some sense. Some people are truly stuck in jobs where they only get a minimal raise despite how hard they work and sometimes people work in an industry with little potential outside of their current job. It's not always practical to assume you can earn more money. I do agree that extreme couponing is a big waste of time considering the return on investment.

By: Kathleen @ Frugal Portland

Kathleen @ Frugal Portland — Wed, 26 Sep 2012 14:53:59 +0000

Thanks for asking — my stock is rising! I’m rushing to pay off a student loan that’s at nearly 5%, and I know that’s the one place where I can get a guaranteed return. My car loan, at 3%, is not something I’m going to prioritize because maxing out my IRA is more important.

By: Christa

Christa — Wed, 26 Sep 2012 14:45:15 +0000

I am so happy to hear that not using coupons can make me rich! Call me Non-Coupon Queen: I can find any and all excuses not to enter the couponing madness game. Now I just need to spend more of that non-couponng time making money…