Comments on: Get Out Of Debt – Principles of Financial Management #3 http://eliminatethemuda.com/2009/08/financial-principle-3/ Where we prove that it is easier to save a dollar than to make a dollar! Fri, 04 May 2012 09:04:30 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: SMhttp://eliminatethemuda.com/2009/08/financial-principle-3/#comment-21769 SM Fri, 08 Oct 2010 07:27:50 +0000 http://eliminatethemuda.com/?p=232#comment-21769 Hi, After reading your website for the whole night on Saturday I have to say one thing - thank you. I have been repaying back my student loan for 3 years but never thought about fast-tracking that. After breaking figures down, writing SMART objectives, it dawned on me it would be easier to make weekly contributions, and budget for weekly shopping, tickets, supermarket trips. In one week I made lodgements and reduced it by staggering 6%. One week. I am planning to stick to that plan for the next 6 months, and if it all goes well, I am planning to save for mortgage. Just the kind of advice and website I was looking for. Will keep you posted about the progress. Hi,

After reading your website for the whole night on Saturday I have to say one thing – thank you.
I have been repaying back my student loan for 3 years but never thought about fast-tracking that. After breaking figures down, writing SMART objectives, it dawned on me it would be easier to make weekly contributions, and budget for weekly shopping, tickets, supermarket trips.

In one week I made lodgements and reduced it by staggering 6%. One week. I am planning to stick to that plan for the next 6 months, and if it all goes well, I am planning to save for mortgage.

Just the kind of advice and website I was looking for. Will keep you posted about the progress.

]]> By: Visual Tools Make Debt Management Easier « Eliminate The Muda!http://eliminatethemuda.com/2009/08/financial-principle-3/#comment-99 Visual Tools Make Debt Management Easier « Eliminate The Muda! Mon, 16 Nov 2009 03:51:50 +0000 http://eliminatethemuda.com/?p=232#comment-99 [...] For Debt Reduction this spreadsheet is very comprehensive. Not only can you list all your debts but it does the calculations for you to see how much you are paying in interest, how long it will take to pay off all your debt and which you should pay off first. You have the choice of the two methods of debt reduction strategy I wrote about with my Financial Principle #3. [...] [...] For Debt Reduction this spreadsheet is very comprehensive. Not only can you list all your debts but it does the calculations for you to see how much you are paying in interest, how long it will take to pay off all your debt and which you should pay off first. You have the choice of the two methods of debt reduction strategy I wrote about with my Financial Principle #3. [...]

]]>