Comments on: The Virtue of Pain http://www.debtreductionformula.com/blog/the-virtues-of-pain/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 14 Oct 2011 01:06:08 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ryan Healy http://www.debtreductionformula.com/blog/the-virtues-of-pain/comment-page-1/#comment-234 Ryan Healy Thu, 13 Dec 2007 15:49:33 +0000 http://debtreductionformula.com/blog/?p=94#comment-234 Balance transfers can sometimes be a good thing, so long as you're disciplined. The only real way to escape the pain of debt is to pay it off--just like you're doing! Balance transfers can sometimes be a good thing, so long as you’re disciplined. The only real way to escape the pain of debt is to pay it off–just like you’re doing!

]]> By: paidtwice http://www.debtreductionformula.com/blog/the-virtues-of-pain/comment-page-1/#comment-219 paidtwice Mon, 10 Dec 2007 16:31:51 +0000 http://debtreductionformula.com/blog/?p=94#comment-219 I'll agree that most people who use pain-avoidance strategies get themselves into more debt. Not all though. We moved our credit card to a 0% interest offer to, in a few words, stop the bleeding. And it has worked. We are paying it off as aggressively as we can and we'll have it gone pretty soon. in fact some people have told me to put that money in savings instead and make some money in the process, but I just want the debt gone. Guess I still feel some pain after all :) I’ll agree that most people who use pain-avoidance strategies get themselves into more debt. Not all though. We moved our credit card to a 0% interest offer to, in a few words, stop the bleeding. And it has worked. We are paying it off as aggressively as we can and we’ll have it gone pretty soon. in fact some people have told me to put that money in savings instead and make some money in the process, but I just want the debt gone.

Guess I still feel some pain after all :)

]]> By: 117th carnival of debt reduction - famous Brits edition : plonkee money http://www.debtreductionformula.com/blog/the-virtues-of-pain/comment-page-1/#comment-217 117th carnival of debt reduction - famous Brits edition : plonkee money Mon, 10 Dec 2007 12:04:26 +0000 http://debtreductionformula.com/blog/?p=94#comment-217 [...] Healy presents The Virtue of Pain posted at Debt Reduction Formula. Pain is good. Well, it’s bad, but that’s the point - [...] [...] Healy presents The Virtue of Pain posted at Debt Reduction Formula. Pain is good. Well, it’s bad, but that’s the point – [...]

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