My plan is aggressive and I hope not too ambitious, but I'm beginning to see the light. Good luck to you.
Happy new year.
2007-12-30 06:10:02 · 7 answers · asked by Hans B 5 in Business & Finance ➔ Credit
Yes tixtix, you are missing something. 09 meaning that the new years resolution for 08 is to be debt free by the end of the year. Good luck to you anyway though.
2007-12-30 06:21:39 · update #1
Yes, that is my goal as well. I have a plan I implemented during 07 that will go through 08 and end in 09, leaving us without debt. It includes splitting monthly mortgage payments into two payments rather than one. Although we pay nothing more than the expected monthly payment, splitting it up like this greatly reduces the interest owed and shaves several years off of the mortgage, paying if off faster.
So, our plan doesn't include too high of an expectation, but it does include simple ways to make things happen. I feel good about it.
Best to all working toward no debt!
2007-12-30 06:17:26 · answer #1 · answered by LaurieDB 6 · 2⤊ 0⤋
I'm staying debt free now, in 08, and 09, but it's not easy.
Good luck to you and Happy New Year!!!!
2007-12-30 14:13:58 · answer #2 · answered by endpov 7 · 2⤊ 0⤋
NO for me since I am debt free perhaps I ought to try to run up a little debt! think someone might be messing with my credit though and that is shite, having my bankio look at that I hope, I might be poor and doing without somethings till I figure it all out, but that ain't anything new to me, not in debt though! hope you good luck!
2007-12-30 14:17:38 · answer #3 · answered by Friend 6 · 1⤊ 1⤋
Thats my goal but I dont know if I can make it work
acquire and sell property is the only way I can see it
happening and that is if the real estate market goes my way
cross fingers, knock on wood
2007-12-30 14:13:25 · answer #4 · answered by lilbitbeechy 6 · 2⤊ 0⤋
It is a wonderful thought. I will still be paying on my 30 year mortgage then. There will always be monthly bills though, electric, water, cable, phone, internet, groceries, car gas, health insurance, car insurance, house insurance, life insurance, county taxes, state taxes, IRS taxes, doctors, medicine, and on and on...but we are still so BLESSED IN AMERICA. Thank you LORD.
2007-12-30 14:18:12 · answer #5 · answered by Pancakke 3 · 1⤊ 0⤋
Whatever you do, pay off the credit cards first. Good Luck!
2007-12-30 14:12:35 · answer #6 · answered by Lori 3 · 4⤊ 0⤋
09 am i missing something here?
2007-12-30 14:13:02 · answer #7 · answered by rogue 5 · 3⤊ 0⤋