- This topic has 64 replies, 1 voice, and was last updated July 22, 2008 at 3:52 pm by .
- July 22, 2008 at 3:52 pm #260301
I agree. Most everyone he’s referring to make at minimum $100K+ a
year. His suggestions are practical, yet the examples are a bit
misleading to those who make a more “modest” income. It can be
discouraging to someone who is just not able to progress as quickly as
his “success stories”. Has good prinicples though.
> I have noticed that those who pay off huge amounts of debt in a
> time usually have huge incomes already and are just simply wasting
> 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
> isnt any money left to make a differance.
> I will still have five years with monthly payments to pay down about
> 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
> realisticly pay off 80,000 in a few years of tight budgeting.
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