Comments on: Outstanding Debt as of September 2008

By: Debt Reduction Formula

Debt Reduction Formula — Mon, 13 Oct 2008 23:26:37 +0000

Interest Rates Rising……

In an economic collapse, such as the one we’re witnessing now, one thing leads to another. It’s like a giant row of dominoes. After the first domino falls, each one after it tips over in an inevitable chain reaction.
According to Jessica Si…

By: Carnival of Debt Reduction #161 - Fall Colors Edition

Carnival of Debt Reduction #161 - Fall Colors Edition — Mon, 13 Oct 2008 08:59:20 +0000

[...] Healy presents Outstanding Debt as of September 2008 posted at Debt Reduction [...]

By: fwp

fwp — Sat, 04 Oct 2008 00:32:53 +0000

the SO == ’significant other’ ;)

yeah, we were contemplating the f800st for me to add to our collection, but the prospect of extra debt makes me uncomfortable.. i musn’t be distracted by shiny beautiful things! i must focus on debt reduction, yes!

By: Ryan Healy

Ryan Healy — Fri, 03 Oct 2008 23:14:48 +0000

@fwp – Thanks! Who is “SO”? BMW motorcycles are NOT cheap. Definitely can set you back if you finance them.

I replied to you by email regarding DBN.

@Debt Reduction Man – Thanks. Yes, I’ve thought about paying quarterly, but it doesn’t work well with how I file.

I’m a LLC filing as an S-corp. I take part of my income and declare it as dividends to avoid double FICA. Saves me a few thousand bucks a year.

By: Debt Reduction

Debt Reduction — Fri, 03 Oct 2008 20:59:32 +0000

Good Progress! $10,000 in tax liability? I hate to owe. I never know if I will have the money so I pay my taxes quarterly. I even over pay so I get a refund.