Comments on: Bad Money Decision Confession Time #4 http://www.bloggingawaydebt.com/2006/07/bad-money-decision-confession-time-4/ Our Journey to a Debt-Free Life Thu, 29 Jul 2010 16:18:17 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Dan and Marlis Williams http://www.bloggingawaydebt.com/2006/07/bad-money-decision-confession-time-4/comment-page-1/#comment-517189 Dan and Marlis Williams Tue, 23 Sep 2008 01:49:26 +0000 http://www.bloggingawaydebt.com/?p=263#comment-517189 Paying big on a big debt is good. Best thing we did though was if we got paid every two weeks, we made 1/2 a payment every two weeks. You actually wind up paying more in 12 months plus you reduce your monthly interest on the balance by making a payment half way through. We just wrote a book called "Does God Prefer Paper or Plastic" and have laid out the entire 6 step plan for eliminating debt. Persistence is the key. Paying big on a big debt is good. Best thing we did though was if we got paid every two weeks, we made 1/2 a payment every two weeks. You actually wind up paying more in 12 months plus you reduce your monthly interest on the balance by making a payment half way through. We just wrote a book called “Does God Prefer Paper or Plastic” and have laid out the entire 6 step plan for eliminating debt. Persistence is the key.

]]> By: Tricia http://www.bloggingawaydebt.com/2006/07/bad-money-decision-confession-time-4/comment-page-1/#comment-349 Tricia Tue, 04 Jul 2006 02:34:00 +0000 http://www.bloggingawaydebt.com/?p=263#comment-349 Yeah, Kim - I think your right. It's probably not a bad money decision in itself. I think though, that if I didn't have the attitude of going big all the time our debt would be a little smaller right now. I probably would have been sending money to the cards here and there and that would have added up. It is so hard to get used to a new schedule! I'm jealous that you get paid every week :) I had one job in the past that did that and I LOVED it. Yeah, Kim – I think your right. It’s probably not a bad money decision in itself. I think though, that if I didn’t have the attitude of going big all the time our debt would be a little smaller right now. I probably would have been sending money to the cards here and there and that would have added up.

It is so hard to get used to a new schedule! I’m jealous that you get paid every week :) I had one job in the past that did that and I LOVED it.

]]> By: Kim L. http://www.bloggingawaydebt.com/2006/07/bad-money-decision-confession-time-4/comment-page-1/#comment-348 Kim L. Mon, 03 Jul 2006 22:37:00 +0000 http://www.bloggingawaydebt.com/?p=263#comment-348 I wouldn't say that is a bad money decision at all! It's just a different way of doing things. You tried one way, and now you are trying another way. Good for you for seeing if something is going to work better for you. Personally, I pay money to my cards every week. I get paid every week though so it's just easier for me to do it that way. That and I like to see weekly decreases in my debt! I bet you will come to like seeing the numbers go down more frequently! I wouldn’t say that is a bad money decision at all! It’s just a different way of doing things. You tried one way, and now you are trying another way. Good for you for seeing if something is going to work better for you.

Personally, I pay money to my cards every week. I get paid every week though so it’s just easier for me to do it that way. That and I like to see weekly decreases in my debt! I bet you will come to like seeing the numbers go down more frequently!

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