In reply to Chris. Good point Chris - in a Debt Emergency, Interest R...
You said, "So if you still have a... student loan debt, you should destroy that as a prerequisite to beginning the more relaxed stage of saving for financial independence." I'm not sure I agree w...
So if you lend money to a highly indebted person, isn’t that the epitome of co-dependency? For the same reason, you don’t go buy more beverages for your alcoholic relative and you don’t buy...
In reply to Mommy-of-five. Congratulations M5!! And yes, there are st...
Hey, I don't expect anybody to read this nearly 10 years after this post was first published. Nevertheless, I am hugely proud that today my husband and I paid off our consumer credit of 16k. We c...
Thank you for advice, I just took it to heart but I am on Social Security currently although I have started a Hustle with essentially selling product on Amazon, Our figures are not much to look a...
Brilliant post, I've always been fairly sensible with debt as I've seen the impact it can have. Some close family members of mine have struggled with debt for a long while and I get very frustrat...
I'm from a developing country that has a medium cost of living in the region. Some debt could grow faster without noticing. I've just realized how urgent it is to pay off the debt in the early da...
I have a question. I am still studying and have made the mistake in the past of taking a student loan. Obviously, I have halted the loan. It's a loan with zero percent interest, and a 35-year pay...
Glad to have seen this, even so many years after it was first published. The scenarios of easing into a more disciplined financial lifestyle reminded me of a quote: As often is the case with addi...
In reply to Baughman. "This actually happened at my last job. People died of old age o...
https://www.mrmoneymustache.com/2012/04/18/news-flash-your-debt-is-an-emergency/#comment-2716006
Very well written article. But the problem is, those who are in debts, don't like reading! If they read, they wouldn't go in debt in the first place. And even when they read open-eye articles lik...
In reply to Ginger. Thinking about what you said. Diets don´t work because yo can sta...
https://www.mrmoneymustache.com/2012/04/18/news-flash-your-debt-is-an-emergency/#comment-1790479
I LOVE this post and couldn't agree with you more. Six years ago I started with a $200k mortgage and I am now down to $99k, hopefully I'll get it paid off in the next six!
Thank you for writing this. I am a recovering ultra luxury consumer / credit card balance carrier and I finally got sick of it. I am 4 months in to a commitment to myself to pay this shit off and...
In reply to Jedi. Jedi, your statement suffers from several logical fallacies (https...
https://www.mrmoneymustache.com/2012/04/18/news-flash-your-debt-is-an-emergency/#comment-1576388