Comments on: How Much Our Debt Costs – January 2010 http://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/ Debt Credit & Personal Finance | Bible Help Sat, 31 Jul 2010 16:08:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: sarahhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7420 sarah Tue, 09 Feb 2010 21:42:41 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7420 Ahh what great motivation!! thanks for the spreadsheet and helping to keep us all on track! Ahh what great motivation!! thanks for the spreadsheet and helping to keep us all on track!

]]> By: Frank @ Turn Key Consultinghttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7406 Frank @ Turn Key Consulting Tue, 09 Feb 2010 10:25:45 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7406 Hrm, I should run this calculation, but my student loans haven’t gone into repayment yet. I’ve been putting the money that would go to paying my loans towards building a small cash cushion.I’ll have to bookmark this and do it after Christmas, when all my loans have been paid once. Hrm, I should run this calculation, but my student loans haven’t gone into repayment yet. I’ve been putting the money that would go to paying my loans towards building a small cash cushion.

I’ll have to bookmark this and do it after Christmas, when all my loans have been paid once.

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7258 Matt Jabs Fri, 05 Feb 2010 14:58:04 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7258 Okay... I will write something up. Look for the post to go live tomorrow (probably in the a.m. hours.) Okay… I will write something up. Look for the post to go live tomorrow (probably in the a.m. hours.)

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7257 Matt Jabs Fri, 05 Feb 2010 14:57:26 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7257 Yep, 30 year note. Plus we are not quite 3 years into it... so it's slow going for now. Yep, 30 year note. Plus we are not quite 3 years into it… so it’s slow going for now.

]]> By: oregonsunhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7256 oregonsun Fri, 05 Feb 2010 14:55:04 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7256 Hi, I would really appreciate it if you would explain the simple interest. We have a loan that the interest is charged that way and I feel even though we are paying extra on the principle it isn't affecting the amount of total interest we are paying. Help..I am confused. Hi, I would really appreciate it if you would explain the simple interest. We have a loan that the interest is charged that way and I feel even though we are paying extra on the principle it isn’t affecting the amount of total interest we are paying. Help..I am confused.

]]> By: BGhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7254 BG Fri, 05 Feb 2010 14:29:15 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7254 Ah, must be because you have 30-year notes? Mine are 15, so the interest portion is reduced real fast. Took only a few years for the principal portion to outway the interest portion (normal monthly payments).Keep chipping away at that debt -- gonna feel great when the LC loan is gone I bet! Ah, must be because you have 30-year notes? Mine are 15, so the interest portion is reduced real fast. Took only a few years for the principal portion to outway the interest portion (normal monthly payments).

Keep chipping away at that debt — gonna feel great when the LC loan is gone I bet!

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7253 Matt Jabs Fri, 05 Feb 2010 14:15:57 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7253 That's awesome Ken... I'm sure you'll be blessed by leading it - probably in ways you did not first imagine. God is great! That’s awesome Ken… I’m sure you’ll be blessed by leading it – probably in ways you did not first imagine. God is great!

]]> By: Credit Card Chaserhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7236 Credit Card Chaser Fri, 05 Feb 2010 06:43:21 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7236 My church uses the Crown Financial courses - I have looked over the course and it looks pretty good from what I have seen (my Dad also speaks highly of it and I think he has taken the course to be a Crown Financial counselor).I also went to a church before that used the Dave Ramsey courses and I heard a lot of good things about FPU as well. My church uses the Crown Financial courses – I have looked over the course and it looks pretty good from what I have seen (my Dad also speaks highly of it and I think he has taken the course to be a Crown Financial counselor).

I also went to a church before that used the Dave Ramsey courses and I heard a lot of good things about FPU as well.

]]> By: Kenhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7232 Ken Fri, 05 Feb 2010 02:02:15 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7232 Yeah...that interest stuff can be humbling for sure...hats off to you for continuing to knock that debt out...fyi...I am coordinating FPU at my church..just had 1st meeting last night...off to a good start..got a class of 25. Yeah…that interest stuff can be humbling for sure…hats off to you for continuing to knock that debt out…fyi…I am coordinating FPU at my church..just had 1st meeting last night…off to a good start..got a class of 25.

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7229 Matt Jabs Fri, 05 Feb 2010 01:45:02 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7229 Find the time... set it up. :-) Find the time… set it up. :-)

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7227 Matt Jabs Fri, 05 Feb 2010 01:38:29 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7227 Yeah, mine both go down just shy of a $1/month... this month it just so happened that they didn't (after rounding the dollar amounts.) Yeah, mine both go down just shy of a $1/month… this month it just so happened that they didn’t (after rounding the dollar amounts.)

]]> By: Keith Morrishttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7223 Keith Morris Thu, 04 Feb 2010 23:35:52 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7223 Thanks for the post, Matt. This is pretty motivating. Hopefully I can find some extra time to start up a side hustle of my own.Laura from Green Panda Treehouse recently wrote a guest blog entry for LifeTuner on the very topic: http://www.lifetuner.org/blog/201-guest_post_build_a_side_income_to_pay_off_debt_faster Thanks for the post, Matt. This is pretty motivating. Hopefully I can find some extra time to start up a side hustle of my own.

Laura from Green Panda Treehouse recently wrote a guest blog entry for LifeTuner on the very topic: http://www.lifetuner.org/blog/201-guest_post_build_a_side_income_to_pay_off_debt_faster

]]> By: BGhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7222 BG Thu, 04 Feb 2010 22:26:25 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7222 Excellent job Matt! That's interesting that your two mortgages didn't have interest reductions. Mine drop a few bucks a month. Excellent job Matt! That’s interesting that your two mortgages didn’t have interest reductions. Mine drop a few bucks a month.

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7221 Matt Jabs Thu, 04 Feb 2010 21:02:53 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7221 I'm working with another fella at church right now to form a "Financial Services Ministry." We will lead both Dave Ramsey FPU courses and Crown Financial courses. We also hope to enlist the aid of church members who are certified financial counselors and planners to give more personal help to those in need.Songs? Nah... ;-) I’m working with another fella at church right now to form a “Financial Services Ministry.” We will lead both Dave Ramsey FPU courses and Crown Financial courses. We also hope to enlist the aid of church members who are certified financial counselors and planners to give more personal help to those in need.

Songs? Nah… ;-)

]]> By: Jizzohttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7220 Jizzo Thu, 04 Feb 2010 20:57:25 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7220 My side hustle is bringing in zero so far (blog) Gotta love tax time with 5 kids to help with debt reduction. Now that would be a sweet side hustle- making babies.Bravo Mr. Jabs for your wisdom. I think you need to only write for your blog every other day and work on writing some songs. Maybe get involved with the music ministry at church? My side hustle is bringing in zero so far (blog)
Gotta love tax time with 5 kids to help with debt reduction.
Now that would be a sweet side hustle- making babies.

Bravo Mr. Jabs for your wisdom. I think you need to only write for your blog every other day and work on writing some songs. Maybe get involved with the music ministry at church?

]]> By: Matt Jabshttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7219 Matt Jabs Thu, 04 Feb 2010 20:57:09 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7219 Just remember... the tortoise always wins the race. Slow & steady baby... slow & steady. :-) Just remember… the tortoise always wins the race. Slow & steady baby… slow & steady. :-)

]]> By: Benhttp://www.debtfreeadventure.com/how-much-our-debt-costs-january-2010/#comment-7218 Ben Thu, 04 Feb 2010 20:50:16 +0000 http://www.debtfreeadventure.com/?p=5119#comment-7218 I love the spreadsheet! I am going to start using it! Thank you! Hopefully my "side hustle" will start making that kind of cash! I love the spreadsheet! I am going to start using it! Thank you! Hopefully my “side hustle” will start making that kind of cash!

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