http://www.richbrott.com/2007/09/28/deciding-how-much-you-can-pay/ Helping you become Debt free, Stress free, and Set free Sat, 19 May 2012 15:08:35 +0000 http://wordpress.org/?v=2.2.3 http://www.richbrott.com/2007/09/28/deciding-how-much-you-can-pay/#comment-70 Paul Fri, 28 Sep 2007 11:21:45 +0000 http://www.richbrott.com/2007/09/28/deciding-how-much-you-can-pay/#comment-70 The basis of this thought process is good. However, people need to learn/ be taught thst they should take care of the basics first. After taxes/ tithe are taken care of housing, food, transportation, and clothing should come before paying someone else. The key here is that these things not be outrageous amounts. Too many people are paying Mastercard and getting behind on their mortgage. Sacrifices will need to be made (packing lunches, shopping at Goodwill, etc.) to free up some money. This also includes saving money for yourself intentionally. There is nothing worse than busting your tail to pay off a credit card only to have to put more on it when the brakes go out because you have no savings. Just my $0.02. The basis of this thought process is good. However, people need to learn/ be taught thst they should take care of the basics first. After taxes/ tithe are taken care of housing, food, transportation, and clothing should come before paying someone else.
The key here is that these things not be outrageous amounts. Too many people are paying Mastercard and getting behind on their mortgage. Sacrifices will need to be made (packing lunches, shopping at Goodwill, etc.) to free up some money. This also includes saving money for yourself intentionally. There is nothing worse than busting your tail to pay off a credit card only to have to put more on it when the brakes go out because you have no savings.
Just my $0.02.

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