Comments on: Why People Stay in Debt http://www.debtreductionformula.com/blog/why-people-stay-in-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: My 5-Step System for Paying Off Debt | Debt Reduction Formula http://www.debtreductionformula.com/blog/why-people-stay-in-debt/comment-page-1/#comment-30039 My 5-Step System for Paying Off Debt | Debt Reduction Formula Mon, 30 Jun 2008 18:15:44 +0000 http://www.debtreductionformula.com/blog/why-people-stay-in-debt/#comment-30039 [...] Why People Stay in Debt [...] [...] Why People Stay in Debt [...]

]]> By: Personal Finance Money Tips - March 22, 2008 | KCLau's Money Tips http://www.debtreductionformula.com/blog/why-people-stay-in-debt/comment-page-1/#comment-9019 Personal Finance Money Tips - March 22, 2008 | KCLau's Money Tips Sat, 22 Mar 2008 01:02:40 +0000 http://www.debtreductionformula.com/blog/why-people-stay-in-debt/#comment-9019 [...] Healy presents Why People Stay in Debt posted at Debt Reduction Formula, saying, “In a previous post I covered the subject of how [...] [...] Healy presents Why People Stay in Debt posted at Debt Reduction Formula, saying, “In a previous post I covered the subject of how [...]

]]> By: Carnival of Debt Reduction Here on Monday | Debt Reduction Formula http://www.debtreductionformula.com/blog/why-people-stay-in-debt/comment-page-1/#comment-8965 Carnival of Debt Reduction Here on Monday | Debt Reduction Formula Fri, 21 Mar 2008 20:58:38 +0000 http://www.debtreductionformula.com/blog/why-people-stay-in-debt/#comment-8965 [...] to home, my post Why People Stay in Debt got swamped with traffic from StumbleUpon, which was pretty cool. There were over 500 unique [...] [...] to home, my post Why People Stay in Debt got swamped with traffic from StumbleUpon, which was pretty cool. There were over 500 unique [...]

]]> By: Ryan Healy http://www.debtreductionformula.com/blog/why-people-stay-in-debt/comment-page-1/#comment-8707 Ryan Healy Thu, 20 Mar 2008 14:18:17 +0000 http://www.debtreductionformula.com/blog/why-people-stay-in-debt/#comment-8707 I guess cars are one of those expenses that are hard to avoid. We bought a new minivan last June. We keep cars for a long time (I've had my Elantra for seven years), so we'll probably just pay it off rather than sell it to get a cheaper van. But who knows? I don't know what will happen tomorrow, much less six months or a year from now. :-) I guess cars are one of those expenses that are hard to avoid. We bought a new minivan last June. We keep cars for a long time (I’ve had my Elantra for seven years), so we’ll probably just pay it off rather than sell it to get a cheaper van.

But who knows? I don’t know what will happen tomorrow, much less six months or a year from now. :-)

]]> By: Sue http://www.debtreductionformula.com/blog/why-people-stay-in-debt/comment-page-1/#comment-8593 Sue Thu, 20 Mar 2008 02:50:13 +0000 http://www.debtreductionformula.com/blog/why-people-stay-in-debt/#comment-8593 The sad thing is I am the verge of going a little further in debt because our three year lease on our minivan is up in May. Dreading the thought of another a payment. We did budget the car payment (subtract $240 per month for another lease out of our current debt snowball going toward our mortgage). We paid off the lease in about 8 months then used that payment to add to our snowball. The sad thing is I am the verge of going a little further in debt because our three year lease on our minivan is up in May. Dreading the thought of another a payment. We did budget the car payment (subtract $240 per month for another lease out of our current debt snowball going toward our mortgage).
We paid off the lease in about 8 months then used that payment to add to our snowball.

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