• Ben
  • Brisbane, Australia

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Debt Free by December
Career & Finance: Debt Management

Why do you want to do this?

To take control of my finances and make my money work for me, not the other way around.

What three things will you need to make this happen?

Following a strict budget.

Automated credit payment transfers.

Rewarding myself at the end of the goal.

What is the biggest barrier to your achieving this?

High amounts and personal consistency.

3/2/2011 1:44:03 PM

I like your goal. I have a similar one, myself. Best of luck to you. I'm betting we both can do this!

3/2/2011 1:58:03 PM

 Thanks for the note, let's keep each other on track!

5/19/2011 9:16:45 PM

 Hi Ben, congratulations on posting this goal and taking some serious steps toward eliminating the consumer debt.  I had to go through this process and it was very painful for me to learn some new habits and focus on saving more and only spending where absolutely necessary.  What an incredible journey though.  How's it coming along so far now that we're closing in on June?  A method called the 'Snowball Plan' really worked for me.  Here's a link to the article explaining the plan and if you'd like to pop over to my page, you'll see a story there about becoming debt free.  Maybe you'll find some useful tips there too.  Wishing you the best and would love an update.  What's the reward you've got picked out, by the way?

http://www.daveramsey.com/article/get-out-of-debt-with-the-debt-snowball-plan/lifeandmoney_debt/

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