- This topic has 64 replies, 1 voice, and was last updated July 22, 2008 at 3:52 pm by .
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— In Budget101_@yahoogroups.com, “drivenindividuals”
>
> Hey guys. Just joined the group. has anyone read that book yet?
this
i
> haven’t been able to get enough of it. it’s the total money makeover
> by dave ramsey! he goes through baby steps on how to eliminte debt.
> some of the testimonial are really inspirational! this one couple
paid
> of about $80,000 worth of debt in only a couple of year, on a very
> modest income! very good read!
>
I have noticed that those who pay off huge amounts of debt in a short
time usually have huge incomes already and are just simply wasting it
away to begin with.
Someone like myself with a very modest income and after paying the
nessasary bills has only a few dollars to pay extra on debt, there just
isnt any money left to make a differance.
I will still have five years with monthly payments to pay down about
$22,000
It Doesn’t seem like a huge amount but when it isn’t there it really
seems out of reach,but someone making a household income of 120,000 can
realisticly pay off 80,000 in a few years of tight budgeting.
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