Comments on: Get out of debt to unleash your inner money maker http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/ Make more money, invest profitably, retire early Thu, 24 May 2012 00:24:09 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: A Great Phone Call http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-37262 A Great Phone Call Fri, 11 Jun 2010 10:08:18 +0000 http://monevator.com/?p=3738#comment-37262 [...] just want you to know that, other than our house, we are debt free! The feeling is just [...] [...] just want you to know that, other than our house, we are debt free! The feeling is just [...]

]]> By: Daddy Paul http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-26690 Daddy Paul Sun, 28 Feb 2010 00:06:49 +0000 http://monevator.com/?p=3738#comment-26690 Good read. When you have debt you have less freedom. In general interest is money thrown away. Good read. When you have debt you have less freedom. In general interest is money thrown away.

]]> By: Weekly Round-Up – Snowed In (AGAIN!) Edition « Stay at Home Mom CFO – one mom, one income, too many issues… http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-26518 Weekly Round-Up – Snowed In (AGAIN!) Edition « Stay at Home Mom CFO – one mom, one income, too many issues… Fri, 26 Feb 2010 18:27:21 +0000 http://monevator.com/?p=3738#comment-26518 [...] Monevator writes: Get out of Debt to Unleash your Inner Money Maker. Sure, it makes logical financial sense to get out debt.  But giving away your money to credit card companies and other debt is not all you give up nor it is all you will gain when you are finally free of your burden…. [...] [...] Monevator writes: Get out of Debt to Unleash your Inner Money Maker. Sure, it makes logical financial sense to get out debt.  But giving away your money to credit card companies and other debt is not all you give up nor it is all you will gain when you are finally free of your burden…. [...]

]]> By: Friday Links - Canadian Finance Blog http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-26481 Friday Links - Canadian Finance Blog Fri, 26 Feb 2010 10:03:27 +0000 http://monevator.com/?p=3738#comment-26481 [...] Monevator points out why you should get out of debt to unleash your inner money maker. [...] [...] Monevator points out why you should get out of debt to unleash your inner money maker. [...]

]]> By: Paul @ FiscalGeek http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-26148 Paul @ FiscalGeek Wed, 24 Feb 2010 17:43:25 +0000 http://monevator.com/?p=3738#comment-26148 I'll give you a solid AMEN! As one who has recently found debt freedom after 17 years of servitude I can vouch for how wonderful it feels to be free. It's indescribable, and if I could adequately pass on the feeling those struggling through would bust it even harder to be free. But alas I cannot and we must all find our way. .-= Paul @ FiscalGeek on: <a href="http://feedproxy.google.com/~r/Fiscalgeek/~3/5l8WOtJpZws/" rel="nofollow">What is a Good Credit Score? Should you Care?</a> =-. I’ll give you a solid AMEN! As one who has recently found debt freedom after 17 years of servitude I can vouch for how wonderful it feels to be free. It’s indescribable, and if I could adequately pass on the feeling those struggling through would bust it even harder to be free. But alas I cannot and we must all find our way.
.-= Paul @ FiscalGeek on: What is a Good Credit Score? Should you Care? =-.

]]> By: Jamel Rose http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-26041 Jamel Rose Wed, 24 Feb 2010 00:17:55 +0000 http://monevator.com/?p=3738#comment-26041 Debt is really a stressful thing. This post is really good for everyone Debt is really a stressful thing. This post is really good for everyone

]]> By: Niklas Smith http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-26008 Niklas Smith Tue, 23 Feb 2010 09:34:23 +0000 http://monevator.com/?p=3738#comment-26008 I agree 100% with Rob :) Seriously, this is a very interesting point - everyone knows that being in debt can be stressful (to an extent that, in my mind, would almost always outweigh any utility gained from the extra consumption it enables in the present). Evolution of Wealth makes the important point that people don't realise how good it feels to be debt-free, so they keep on consuming on credit because they feel that's the best way to use their financial resources. But the idea that people who are free from debt treat money differently is surprisingly deep. It stands to reason that people would see their money differently if they just see it leeching into a bank's coffers than if they have a nice credit balance. Does the English aversion to talking about money have anything to do with our high rates of personal indebtedness? I agree 100% with Rob :)

Seriously, this is a very interesting point – everyone knows that being in debt can be stressful (to an extent that, in my mind, would almost always outweigh any utility gained from the extra consumption it enables in the present). Evolution of Wealth makes the important point that people don’t realise how good it feels to be debt-free, so they keep on consuming on credit because they feel that’s the best way to use their financial resources.

But the idea that people who are free from debt treat money differently is surprisingly deep. It stands to reason that people would see their money differently if they just see it leeching into a bank’s coffers than if they have a nice credit balance. Does the English aversion to talking about money have anything to do with our high rates of personal indebtedness?

]]> By: LeanLifeCoach http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-25977 LeanLifeCoach Tue, 23 Feb 2010 03:46:58 +0000 http://monevator.com/?p=3738#comment-25977 Ditto Evolution!!! Investor - Too true. You nailed it. Even though I still have a mortgage (a very affordable one at that) to deal with not having any consumer debt has transformed my life and my attitude. I truly is liberating! .-= LeanLifeCoach on: <a href="http://eliminatethemuda.com/2010/02/america-saves-week/" rel="nofollow">America Saves Week</a> =-. Ditto Evolution!!!

Investor – Too true. You nailed it. Even though I still have a mortgage (a very affordable one at that) to deal with not having any consumer debt has transformed my life and my attitude. I truly is liberating!
.-= LeanLifeCoach on: America Saves Week =-.

]]> By: Sunday Link Rodeo 19 – Special Monday Edition http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-25972 Sunday Link Rodeo 19 – Special Monday Edition Tue, 23 Feb 2010 03:04:42 +0000 http://monevator.com/?p=3738#comment-25972 [...] Get out of debt to unleash your inner money maker from Monevator [...] [...] Get out of debt to unleash your inner money maker from Monevator [...]

]]> By: Evolution Of Wealth http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-25952 Evolution Of Wealth Tue, 23 Feb 2010 00:44:12 +0000 http://monevator.com/?p=3738#comment-25952 When it comes to debt we all have the worst role model thrust in our faces day in and day out, the government. If you ever wonder why so many people have so much debt just look at the example that is being set by the most powerful people in America. Debt is very stressful for most people and it has a huge impact on how they think of money. Unfortunately, most are more motivated by the things money can buy than they are at realizing how good they could feel by being debt free. .-= Evolution Of Wealth on: <a href="http://feedproxy.google.com/~r/EvolutionOfWealth/~3/XCb8o-R2PKA/" rel="nofollow">Why Your Finanical Planner is Like a Buffet</a> =-. When it comes to debt we all have the worst role model thrust in our faces day in and day out, the government. If you ever wonder why so many people have so much debt just look at the example that is being set by the most powerful people in America.
Debt is very stressful for most people and it has a huge impact on how they think of money. Unfortunately, most are more motivated by the things money can buy than they are at realizing how good they could feel by being debt free.
.-= Evolution Of Wealth on: Why Your Finanical Planner is Like a Buffet =-.

]]> By: Money Reasons http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-25949 Money Reasons Tue, 23 Feb 2010 00:38:56 +0000 http://monevator.com/?p=3738#comment-25949 Having any debt is an added stress in my book. I feel so very very free without any debt. It also give me confidence to try other things, since I know that my house is paid off! Right now, I'm happy blogging after hour, but tomorrow who know what I'll want to do! Having any debt is an added stress in my book. I feel so very very free without any debt.

It also give me confidence to try other things, since I know that my house is paid off!

Right now, I’m happy blogging after hour, but tomorrow who know what I’ll want to do!

]]> By: The Investor http://monevator.com/get-out-of-debt-to-unleash-your-inner-money-maker/comment-page-1/#comment-25919 The Investor Mon, 22 Feb 2010 22:13:37 +0000 http://monevator.com/?p=3738#comment-25919 Thanks Rob - much appreciated! Thanks Rob – much appreciated!

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