Dave Ramsey, debt, credit cards, retirement, etc

[bird]

Hey we all need role models. Good luck guys!

and your 55+ riding a blaster, get a dam STAND UP FRANK!

Birdie : My eng is back together but I cant do flatwater unless there were no other place to go ... At least there is possibility of waves in VB so Ill chance it ! However Ill see ya at the next flat one when I have no surf to go to . FYI My Grammar is just fine bro ,but as this thread indicates its your comprehension thats out -a-wak ! ski ya later !

 

[jetpilot08]

I found this the other day on a different forum. I printed out a few sheets and put them up around my house. Good stuff.



Personally, I want to be financially independent, not tied to a job to make ends meet, I don't need boats, I don't need fancy, I just need my computer, the net, some snacks, and whatever I darn well feel like working on. That doesn't mean I don't want to work, but I don't want to have my livelihood and everything I've worked for be able to be taken away because an employer decided they didn't like me anymore.

I want freedom, to be able to say 'I don't want to do X today, I'd rather do Y' to every situation rather than 'I have to do X otherwise I'll lose the ability to do Y' which is a kind of freedom that seems to be rare in this 'golden age' we live in.

 

[Quinc]

Anyone try one of these free portfolio analysis tools?
https://blog.mint.com/investing/fut....COM&utm_medium=Content&utm_campaign=Mint2012

 

[Quinc]

http://imgur.com/gallery/G3ce6?

 

[Scraggly]

Bump for encouragement. Doing what is suggested. Starting with the smallest debt that will be payed off Tuesday then tackling the rest. I'm only 4K away from being debt free minus mortgage and that's not that much only 40k left

 

[Parkersxr]

My brother has been trying to get me on this Dave Ramsey kick for years
Going to start on it with my next check I get paid monthly so shouldn't be to hard

Sent from my iPhone using Tapatalk

 

[Scraggly]

They say start with the smallest and it will
Create a snow ball effect. Paid one off this morning. Hoping to get the rest done by August but that's gonna be tough with my new job.

 

[Quinc]

This is pretty good watch. Explains 401k fees in a funny way you can easily understand.

 

[550/440]

Being a student and trying to get a credit card for the first time is a pain in the ass.


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I got my first credit card when I was working at Kentucky Fried Chicken and a full time student. My credit line was 5 grand right off the bat. It was insane, I think I made $5,500 that year working for fast food.
My stereo system in the car was amazing though!

 

[Scraggly]

Don't wait too long, are you are not going to be able to keep up with your kids!

I'm 33 and just now trying

 

[Scraggly]

Got one paid off re negotiated at 26.5% rate to 15% last night hoping to ha all paid off within a year. Mortgage is still in play but only 40k left and valued at almost 3 times that. Might sell pay off and buy another house with cash within the year

 

[thomps33]

I'm sure it's been said before in this thread but it's best starting to pay off your highest interest debt first. I know why Ramsey advocates paying off the smallest first. It has an immediate positive psychological effect that your making progress. However, you are disciplined paying off the higher interest debt first will save you money and in the long run you will have paid all your debt off faster. If your not disciplined and need the moral boost do it Ramsey's way.

 

[Mark44]

If the person had discipline they would have the credit issue in sure that's why Ramsey says pay of the smallest first.

Mark44

 

[Mark44]

If the person had discipline they would have the credit issue probably why Ramsey says pay of the smallest first.

Mark44

Mark44

 

[Scraggly]

Mine is medical bills from when I didn't have insurance. 12k worth down to 2200 now. I don't use credit cards on frivolous things only emergencies. I wasn't planning on taking the end of my finger off but it happened and that's how I had to deal with the bills

 

[Mark44]

You should be using credit cards for everything. Cash back bonus is free money if you are disciplined enough to pay them off. I make money every month with credit cards.

 

[bird]

You should be using credit cards for everything. Cash back bonus is free money if you are disciplined enough to pay them off. I make money every month with credit cards.

Now that I paid them all off, you get none stop Zero Percent, Cash Back, Gas bonus, every offer in the world...a free % or two if you can pay it off every month. I love my Amazon Card, 5% credit on all Amazon purchases.

 

[Quinc]

You should be using credit cards for everything. Cash back bonus is free money if you are disciplined enough to pay them off. I make money every month with credit cards.

This^^^ Just got my 3rd 500$ gift card to amazon through the chase southwest card.

 

[Mark44]

Free money!!!! good job!!

 

[Quinc]

Mine is medical bills from when I didn't have insurance. 12k worth down to 2200 now. I don't use credit cards on frivolous things only emergencies. I wasn't planning on taking the end of my finger off but it happened and that's how I had to deal with the bills

When we had our kid I signed up for all the best cash back bonus cards I could find for my wife and I. Ended up saving around 18% with the money we got back from the cards.