Comments on: 5-Step System for Paying Off Debt http://www.debtreductionformula.com/blog/system-for-paying-off-debt/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 05 Mar 2010 09:37:31 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: financial wellness project » the weekly carnivals, dbn, and pf blogosphere roundup http://www.debtreductionformula.com/blog/system-for-paying-off-debt/comment-page-1/#comment-47408 financial wellness project » the weekly carnivals, dbn, and pf blogosphere roundup Mon, 27 Oct 2008 07:15:50 +0000 http://www.debtreductionformula.com/blog/system-for-paying-off-debt/#comment-47408 [...] at debt reduction formula wrote about his 5 steps system to debt reduction.  his first step was: So the first step for me was making the commitment to become debt [...] [...] at debt reduction formula wrote about his 5 steps system to debt reduction.  his first step was: So the first step for me was making the commitment to become debt [...]

]]> By: Paying your debts: 5 step system | My Debt Refinance http://www.debtreductionformula.com/blog/system-for-paying-off-debt/comment-page-1/#comment-45808 Paying your debts: 5 step system | My Debt Refinance Tue, 23 Sep 2008 09:27:37 +0000 http://www.debtreductionformula.com/blog/system-for-paying-off-debt/#comment-45808 [...] What I liked the most about it is the whole process the author follows (Rian Healy). He shows the decisions he had to make to start becoming debt free! So enjoy the post: System for paying off debt [...] [...] What I liked the most about it is the whole process the author follows (Rian Healy). He shows the decisions he had to make to start becoming debt free! So enjoy the post: System for paying off debt [...]

]]> By: Outstanding Debt as of July 2008 | Debt Reduction Formula http://www.debtreductionformula.com/blog/system-for-paying-off-debt/comment-page-1/#comment-33757 Outstanding Debt as of July 2008 | Debt Reduction Formula Thu, 17 Jul 2008 17:47:39 +0000 http://www.debtreductionformula.com/blog/system-for-paying-off-debt/#comment-33757 [...] This particular activity has to do with Step #5 in my 5-Step System for Paying Off Debt. [...] [...] This particular activity has to do with Step #5 in my 5-Step System for Paying Off Debt. [...]

]]> By: Ryan Healy http://www.debtreductionformula.com/blog/system-for-paying-off-debt/comment-page-1/#comment-33273 Ryan Healy Mon, 14 Jul 2008 14:46:00 +0000 http://www.debtreductionformula.com/blog/system-for-paying-off-debt/#comment-33273 Hey Rock - Thank you! Great input as well. Knowing your "why" before you get started is important to your ability to follow-through. Hey Rock – Thank you! Great input as well. Knowing your “why” before you get started is important to your ability to follow-through.

]]> By: The Happy Rock http://www.debtreductionformula.com/blog/system-for-paying-off-debt/comment-page-1/#comment-33039 The Happy Rock Sun, 13 Jul 2008 03:01:59 +0000 http://www.debtreductionformula.com/blog/system-for-paying-off-debt/#comment-33039 I like the attitude and grit in this plan. Ferocious is the way to go. I am a big Dave Ramsey fan and this is very similar. I would only add one step at the beginning of the process. Figure out why you want to get out of debt. Children, security, freedom, pursuing dreams? With your goals in mind they inspire you debt elimination and pull you through the down periods. I like the attitude and grit in this plan. Ferocious is the way to go.

I am a big Dave Ramsey fan and this is very similar.

I would only add one step at the beginning of the process. Figure out why you want to get out of debt. Children, security, freedom, pursuing dreams?

With your goals in mind they inspire you debt elimination and pull you through the down periods.

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