Comments on: How to Fight Discouragement About Debt http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/ Our Journey to a Debt-Free Life Sun, 21 Mar 2010 12:23:03 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Tony http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-98516 Tony Sun, 22 Jul 2007 19:35:35 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-98516 I agree that once you start to pay off your debt and you are watching the pennies it really does get exciting to see your debt go down and more so it gives you hope and something to work towards. The longer debt is swept under the carpet and not acknowledged the more you can let debt grow. A simple excel spreadsheet and a debt plan can really make the world of difference. I agree that once you start to pay off your debt and you are watching the pennies it really does get exciting to see your debt go down and more so it gives you hope and something to work towards.
The longer debt is swept under the carpet and not acknowledged the more you can let debt grow.
A simple excel spreadsheet and a debt plan can really make the world of difference.

]]> By: MVP http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-97402 MVP Fri, 20 Jul 2007 23:05:12 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-97402 Keep it up, it's so worth it to be out of debt. And if you and your wife are working as a team, it's even better because there are times when one of you will be really down about the finances, and the other can bring you back up, and vice versa. You can lean on and encourage each other when you're tempted to overspend on non-necessities. Plus, it's great to explore together what's really a necessity and what's just a want. Can't wait to weigh in on the cc-free vacation posting - bring it on! Keep it up, it’s so worth it to be out of debt. And if you and your wife are working as a team, it’s even better because there are times when one of you will be really down about the finances, and the other can bring you back up, and vice versa. You can lean on and encourage each other when you’re tempted to overspend on non-necessities. Plus, it’s great to explore together what’s really a necessity and what’s just a want. Can’t wait to weigh in on the cc-free vacation posting – bring it on!

]]> By: Lenny Tumbarello http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-96950 Lenny Tumbarello Fri, 20 Jul 2007 16:37:45 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-96950 My wife and I dug out of a $67,000 debt about twenty years ago in just over 41 months. The tough parts were committing to it. Even after we started - keeping the commitment and changing the mind-set was tough. Once we started to see some progress - it became almost an obsession. We didn't know what were we going to do at first or how we'd do it but we committed to it. ONE- We got around a few people without debt - and found out that ninety-percent of the people that are debt-free, had debt at one time. They can help you and be a coach for you. Yes we changed our friends. Those old friends are still working stiffs. TWO- We went back to using cash as a means of exchange again. No checkbook and no cards on our bodies as we walked planet earth. THIS WAS MAJOR ! THREE- We started paying ourselves FIRST. Even when we had nothing but bills. We paid ourselves. Only one percent to start, but we paid ourselves one percent of our take home pay into the savings every single month. Lenny Tumbarello My wife and I dug out of a $67,000 debt about twenty years ago in just over 41 months.

The tough parts were committing to it. Even after we started – keeping the commitment and changing the mind-set was tough.

Once we started to see some progress – it became almost an obsession.

We didn’t know what were we going to do at first or how we’d do it but we committed to it.

ONE- We got around a few people without debt – and found out that ninety-percent of the people that are debt-free, had debt at one time. They can help you and be a coach for you. Yes we changed our friends. Those old friends are still working stiffs.

TWO- We went back to using cash as a means of exchange again. No checkbook and no cards on our bodies as we walked planet earth. THIS WAS MAJOR !

THREE- We started paying ourselves FIRST. Even when we had nothing but bills. We paid ourselves. Only one percent to start, but we paid ourselves one percent of our take home pay into the savings every single month.

Lenny Tumbarello

]]> By: Steve Herman http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-96688 Steve Herman Fri, 20 Jul 2007 13:18:05 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-96688 Interesting blog, my wife and I had several credit cards and an auto loan about 5 years ago but we were able to pay it off in less than a year. Alot of people we know are still struggling with debt. The key is to have a plan and stick with it! Steve Herman Interesting blog, my wife and I had several credit cards and an auto loan about 5 years ago but we were able to pay it off in less than a year. Alot of people we know are still struggling with debt. The key is to have a plan and stick with it!
Steve Herman

]]> By: Nate http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-96545 Nate Fri, 20 Jul 2007 11:24:16 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-96545 <p>I agree with what you said about frugal living. Giving yourself the challenege to see how little you can spend in a week has gotten somewhat addicting for me. I also do just what you do about brown bagging it, skipping the coffee (Can you say Latte Factor? Google it!) and the driving slower. Debt can be a nasty thing but once you have a grasp on it and you are dilligenet enough you can get out of it!<br /> I agree with what you said about frugal living. Giving yourself the challenege to see how little you can spend in a week has gotten somewhat addicting for me. I also do just what you do about brown bagging it, skipping the coffee (Can you say Latte Factor? Google it!) and the driving slower. Debt can be a nasty thing but once you have a grasp on it and you are dilligenet enough you can get out of it!

]]> By: kimi http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-96192 kimi Fri, 20 Jul 2007 05:00:34 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-96192 I do this as a game, too. How much food can we buy with $50? How long can we make a tank of gas last? It's a good distraction from feeling like you have no money. I do this as a game, too. How much food can we buy with $50? How long can we make a tank of gas last? It’s a good distraction from feeling like you have no money.

]]> By: Emma http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-96178 Emma Fri, 20 Jul 2007 04:06:16 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-96178 When my debt level was higher than it is now, I preferred to focus on how much I'd paid, rather than how much I had left to pay... and also tracked it on a graph so it was nice and visual. When my debt level was higher than it is now, I preferred to focus on how much I’d paid, rather than how much I had left to pay… and also tracked it on a graph so it was nice and visual.

]]> By: Maria http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-96159 Maria Fri, 20 Jul 2007 03:19:17 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-96159 Thank you for posting this! :) Thank you for posting this! :)

]]> By: Louise http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-95969 Louise Thu, 19 Jul 2007 20:48:43 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-95969 I initally felt frustrated with the idea of being frugal again but it has now changed to a feeling of competing with myself to make those numbers come down! what changed it for me was deciding to blog every day. it has really given me a focus and the support from readers really helps. I now look forward to the bills and the end of the month so i can tally everything and see my progress. There is definetely the feel of trying to win a very difficult personal challenge for me. Without the pf community and blogging I probably would be discouraged. Good post! I initally felt frustrated with the idea of being frugal again but it has now changed to a feeling of competing with myself to make those numbers come down! what changed it for me was deciding to blog every day. it has really given me a focus and the support from readers really helps. I now look forward to the bills and the end of the month so i can tally everything and see my progress. There is definetely the feel of trying to win a very difficult personal challenge for me. Without the pf community and blogging I probably would be discouraged. Good post!

]]> By: AJ - IAmFacingMillions.com http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/comment-page-1/#comment-95859 AJ - IAmFacingMillions.com Thu, 19 Jul 2007 16:31:00 +0000 http://www.bloggingawaydebt.com/2007/07/how-to-fight-discouragement-about-debt/#comment-95859 That is so true, Rob... I found that once I got started in paying down debt, I couldn't wait to make the next payment ... and the next ... and the next ... Eventually, I was taking out of my spending allotment just to be able to make extra payments on debt. Because I wanted to. It was exciting to see the numbers going down. It still is :) Of course I'm about to buy a house and I know that's a good thing but it will be so discouraging to see a new BIG debt on my list :( That is so true, Rob…

I found that once I got started in paying down debt, I couldn’t wait to make the next payment … and the next … and the next …

Eventually, I was taking out of my spending allotment just to be able to make extra payments on debt. Because I wanted to. It was exciting to see the numbers going down. It still is :)

Of course I’m about to buy a house and I know that’s a good thing but it will be so discouraging to see a new BIG debt on my list :(

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