Website review: supercharging the debt snowball | p...
bluntmoney discovered this in Ecommerce
•2 reviews since Apr 18, 2008
ecommerce
•plonkee.com/2008/04/18/supercharging-the-debt...
People who like this website
- niravmd
San Diego
- kevingillett
California
- thedigeratilife
Silicon Valley
- lazymanandmoney
San Francisco
- bluntmoney
Arizona
- damonq9
Taos
- john-sampson
Texas
- paidtwice
Illinois
- MadisonDuPaix
Wisconsin
- cashmoneylife
Ohio
StumbleUpon is the best way to discover great web sites, videos, photos, blogs and more - based on your interests.
Everything is submitted and rated by the community. Discover, share and review the best of the web!
Reviews of this website
bluntmoney discovered 3 months ago- Trick that you can use to supercharge your debt snowball, and pay off your debts more quickly.
- john-sampson rated 3 months ago
- From the page: "Yesterday, when I explained about Dave Ramsey's debt snowball, I said that the biggest drawback is that you end up paying more by paying off your debts in order from smallest to largest, than you would if you paid them off in order of highest interest to lowest interest. Now, unlike Dave Ramsey, who is hot on psychology, arguably the biggest finance guru in the UK, Martin Lewis - the Money Saving Expert, is all about the maths. If he made over your finances, he'd never have you paying off your debts smallest to largest, instead he's pick the more rational choice to pay them off highest to lowest interest rates. Funnily enough, I'm pretty sure that Martin has never had a debt problem. What if you could make it so that the smallest debt also had the highest interest, and the largest debt also had the lowest interest?"
