Comments for Beyond Debt http://www.beyonddebt.com.au Just another WordPress site Wed, 22 Jun 2011 01:57:40 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on Financial Freedom Journey 2 by benparis http://www.beyonddebt.com.au/financial-freedom-journey-2/financial-freedom-journey-2/#comment-11 benparis Wed, 22 Jun 2011 01:57:40 +0000 http://debtmediators.com.au/?p=2493#comment-11 He's going to take 6.7 years and repay $74,420 in total at 14%. He's really better off doing a debt agreement he'll repay half that and he won't be able to get into more trouble for 7 years buy which time he should have 20-30k in savings and can look at housing. He’s going to take 6.7 years and repay $74,420 in total at 14%. He’s really better off doing a debt agreement he’ll repay half that and he won’t be able to get into more trouble for 7 years buy which time he should have 20-30k in savings and can look at housing.

]]> Comment on Financial Freedom Journey 2 by Dianne Van http://www.beyonddebt.com.au/financial-freedom-journey-2/financial-freedom-journey-2/#comment-10 Dianne Van Mon, 16 May 2011 01:49:03 +0000 http://debtmediators.com.au/?p=2493#comment-10 Are you able to offer some advice for my son. He has managed to rack up $48,000 worth of debt on his credit cards and has been having trouble paying the six cards back each month. I have been through them and he has contacted the financial institutions about having the 21 to 19% annual interest rates reduced to approx. 14% which appears to be helping and some of these have lower transfer rates for 6-12 months. I think he is getting a little disheartened because it is going to take a long time to reduce this debt. I can't think of any other way out of this mess. Any suggestions? Are you able to offer some advice for my son. He has managed to rack up $48,000 worth of debt on his credit cards and has been having trouble paying the six cards back each month.

I have been through them and he has contacted the financial institutions about having the 21 to 19% annual interest rates reduced to approx. 14% which appears to be helping and some of these have lower transfer rates for 6-12 months.

I think he is getting a little disheartened because it is going to take a long time to reduce this debt. I can’t think of any other way out of this mess. Any suggestions?

]]> Comment on Financial Freedom Journey 2 by Robert H Mercer http://www.beyonddebt.com.au/financial-freedom-journey-2/financial-freedom-journey-2/#comment-9 Robert H Mercer Mon, 07 Mar 2011 04:31:44 +0000 http://debtmediators.com.au/?p=2493#comment-9 Debt is merely the result of being unable or more often unwilling, to control one aspect of one's life. Many spend their money as if it is going out of fashion, then along comes a large account, be it electricity or telephone or whatever and "How am I going to pay this?" becomes the wail. For many years my wife and I have made a point of paying for electricity and telephone on a weekly basis. We go into a Post Office and make payments in excess of what we believe the weekly bill would be and invariably get an account saying we are in credit. We pay our mortgage fortnightly, each payment being slightly more than the monthly requirement. Currently we are some $20,000 ahead, an amount we can redraw if we are desperate. No, my wife does not and never has worked outside the home. We are now retired and our debt-free life has been obtained by not having credit cards and not purchasing something "because it is there", or "looks nice". We also try to save or pay lay-by in order to obtain any item we would like and in this way sometimes have to wait a few weeks for what we want. Better that than more debt and more interest going to some over-rich bunch. I keep all of my accounts up-to-date on a computer, plenty of accounts programmes around and I know where every dollar goes. If people took the trouble to work out how much interest they pay over a 12 month period with all their credit card debt, they would be amazed. That money is better in one's pocket than in that of big business or banks. Is mental laziness part of this problem? Debt is merely the result of being unable or more often unwilling, to control one aspect of one’s life. Many spend their money as if it is going out of fashion, then along comes a large account, be it electricity or telephone or whatever and “How am I going to pay this?” becomes the wail. For many years my wife and I have made a point of paying for electricity and telephone on a weekly basis. We go into a Post Office and make payments in excess of what we believe the weekly bill would be and invariably get an account saying we are in credit. We pay our mortgage fortnightly, each payment being slightly more than the monthly requirement. Currently we are some $20,000 ahead, an amount we can redraw if we are desperate. No, my wife does not and never has worked outside the home. We are now retired and our debt-free life has been obtained by not having credit cards and not purchasing something “because it is there”, or “looks nice”. We also try to save or pay lay-by in order to obtain any item we would like and in this way sometimes have to wait a few weeks for what we want. Better that than more debt and more interest going to some over-rich bunch.
I keep all of my accounts up-to-date on a computer, plenty of accounts programmes around and I know where every dollar goes.
If people took the trouble to work out how much interest they pay over a 12 month period with all their credit card debt, they would be amazed. That money is better in one’s pocket than in that of big business or banks. Is mental laziness part of this problem?

]]> Comment on Debt Consolidation by Debt Consolidation Benefits Decline http://www.beyonddebt.com.au/debt-consolidation/debt-consolidation/#comment-5 Debt Consolidation Benefits Decline Fri, 14 Jan 2011 06:56:03 +0000 http://www.beyonddebt.com.au/?p=334#comment-5 [...] Skip to content HomeDebt SolutionsFinancial Hardship ArrangementsPayment StrategiesDebt ConsolidationMortgage RefinancingDebt AgreementPersonal Insolvency AgreementBankruptcyCalculatorsRepayment [...] [...] Skip to content HomeDebt SolutionsFinancial Hardship ArrangementsPayment StrategiesDebt ConsolidationMortgage RefinancingDebt AgreementPersonal Insolvency AgreementBankruptcyCalculatorsRepayment [...]

]]> Comment on Debt Consolidation by Is One Payment More Convenient? http://www.beyonddebt.com.au/debt-consolidation/debt-consolidation/#comment-4 Is One Payment More Convenient? Fri, 14 Jan 2011 06:50:19 +0000 http://www.beyonddebt.com.au/?p=334#comment-4 [...] Skip to content HomeDebt SolutionsFinancial Hardship ArrangementsPayment StrategiesDebt ConsolidationMortgage RefinancingDebt AgreementPersonal Insolvency AgreementBankruptcyCalculatorsRepayment [...] [...] Skip to content HomeDebt SolutionsFinancial Hardship ArrangementsPayment StrategiesDebt ConsolidationMortgage RefinancingDebt AgreementPersonal Insolvency AgreementBankruptcyCalculatorsRepayment [...]

]]> Comment on Debt Consolidation by Refinancing Looking Up http://www.beyonddebt.com.au/debt-consolidation/debt-consolidation/#comment-3 Refinancing Looking Up Fri, 14 Jan 2011 06:46:43 +0000 http://www.beyonddebt.com.au/?p=334#comment-3 [...] Skip to content HomeDebt SolutionsFinancial Hardship ArrangementsPayment StrategiesDebt ConsolidationMortgage RefinancingDebt AgreementPersonal Insolvency AgreementBankruptcyCalculatorsRepayment [...] [...] Skip to content HomeDebt SolutionsFinancial Hardship ArrangementsPayment StrategiesDebt ConsolidationMortgage RefinancingDebt AgreementPersonal Insolvency AgreementBankruptcyCalculatorsRepayment [...]

]]> Comment on Debt Consolidation by Balance Transfer Points To Consider http://www.beyonddebt.com.au/debt-consolidation/debt-consolidation/#comment-2 Balance Transfer Points To Consider Fri, 14 Jan 2011 06:40:09 +0000 http://www.beyonddebt.com.au/?p=334#comment-2 [...] conditions apply? So I had a look at a couple of terms and conditions and I’ve listed some. Debt Consolidation with a balance transfer may be a good idea but! you do need to read the fine [...] [...] conditions apply? So I had a look at a couple of terms and conditions and I’ve listed some. Debt Consolidation with a balance transfer may be a good idea but! you do need to read the fine [...]

]]> Comment on 4 Behaviours of Low Financial Stress by Budgeting apparently I need to do it! http://www.beyonddebt.com.au/4-behaviours-of-low-fiancial-stress/4-behaviours-of-low-fiancial-stress/#comment-7 Budgeting apparently I need to do it! Fri, 09 Jul 2010 06:40:29 +0000 http://debtmediators.com.au/?p=2401#comment-7 [...] remeber the four habbits of people who have low financial stress.  We’ll I’ve done the” write down how money is spent”  thing since March [...] [...] remeber the four habbits of people who have low financial stress.  We’ll I’ve done the” write down how money is spent”  thing since March [...]

]]> Comment on Financial Freedom Journey 2 by Rabbi Jewish Moshe http://www.beyonddebt.com.au/financial-freedom-journey-2/financial-freedom-journey-2/#comment-8 Rabbi Jewish Moshe Fri, 23 Apr 2010 13:41:35 +0000 http://debtmediators.com.au/?p=2493#comment-8 After you write it daily then add it all up and use a hardcover book to record it monthly. After you write it daily then add it all up and use a hardcover book to record it monthly.

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