Our current debt snowball (the monthly payment we’re sending to our smallest debt) is $1,439.08. Once we’ve paid off our credit card, student loans and the second mortgage, we’ll be sending a monthly payment of $3,000.29 to the first mortgage. Our monthly take-home income (after taxes, 401k contributions, insurance and FSA) is $5,422.22, assuming it’s [...]
Posts Tagged ‘Debt Snowball’
What Percentage of Your Income Goes Toward Your Debt Snowball?
Posted in Debt-Reduction, tagged Budget, Dave Ramsey, Debt Snowball, Debt-Reduction on March 29, 2008 | 5 Comments »
Snowflaking: 100 Ways to Come Up With More Money for Your Debt Snowball
Posted in Debt-Reduction, Frugality, tagged Dave Ramsey, Debt Snowball, Debt-Reduction, Frugality, Snowflaking on March 6, 2008 | 12 Comments »
Yes, you are already doing some of these things. But are you doing them all? Utilities Set your utility bills to level pay – Pay the same amount every month so there are no surprises to your budget. Ask for a discount – Call your gas and/or electric company and ask about discounts you might [...]
My Dave Ramsey Hybrid Approach to Paying Off Debt
Posted in Debt-Reduction, tagged Dave Ramsey, Debt Snowball, Debt-Reduction, Personal Progress on February 16, 2008 | 1 Comment »
I started listening to the Dave Ramsey Show podcast in July, and have continued to listen to it every day on my way to work. That’s a real compliment to the show, considering I’m a non-church-going liberal and he’s, well…not. I’ve been working on paying off my debt ever since I began acquiring it in [...]



