Comments on: 10 Tips For Debt Reduction http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/ Coupons, Frugal Living Tips, and Personal Finance Tips to Make Life A Little Easier Thu, 12 Nov 2009 00:45:59 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Lynnae @ Being Frugal http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/comment-page-1/#comment-253 Lynnae @ Being Frugal Wed, 26 Sep 2007 21:09:27 +0000 http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/#comment-253 Great tips! I'm partial to freezing the credit cards. ;) And calling to lower your credit card rate is a great idea, and it amazes me how easy it is to do! Great tips! I’m partial to freezing the credit cards. ;)

And calling to lower your credit card rate is a great idea, and it amazes me how easy it is to do!

]]> By: Kyle http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/comment-page-1/#comment-182 Kyle Fri, 21 Sep 2007 14:04:03 +0000 http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/#comment-182 Good tips, thanks Dad for the post. Wow, you figured out the Internets, well done! Good tips, thanks Dad for the post. Wow, you figured out the Internets, well done!

]]> By: Richard James http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/comment-page-1/#comment-180 Richard James Fri, 21 Sep 2007 04:00:20 +0000 http://www.rather-be-shopping.com/blog/2007/09/20/debt-reduction-tips/#comment-180 Two other techniques I have used to reduce debt are: ----Pay mortgages off early and save large amounts of mortgage interest by making one extra monthly payment each year.I thought you had to increase each monthly payment by 10%but acccording to Bob Brinker on his "Money Talk " program on KGO radio a once annual payment will accomplish the same thing. ---Save a definite amount of $ from each paycheck.Be realistic and stick to that amount even if you pass on an incidental some months. I am an old dude but while in my 20s I set $50 aside each month and in 5 years it bought me a triplex apartment house.Of course those numbers woudln't work today but you get my idea. Two other techniques I have used to reduce debt are:
—-Pay mortgages off early and save large amounts of mortgage interest by making one extra monthly payment each year.I thought you had to increase each monthly payment by 10%but acccording to Bob Brinker on his “Money Talk ” program on KGO radio a once annual payment will accomplish the same thing.

—Save a definite amount of $ from each paycheck.Be realistic and stick to that amount even if you pass on an incidental some months.
I am an old dude but while in my 20s I set $50 aside each month and in 5 years it bought me a triplex apartment house.Of course those numbers woudln’t work today but you get my idea.

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