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  1. voigtstr

    Taming the Debt Monster - Attitudes to debt for young players

    The bike should be paid for by feb 15, a mastercard paid for and cancelled by March 15, and the 2k overdraft will be paid april 15. Instead of managed funds I'm now thinking we'll save the next house deposit with ING direct at 6.4% interest. We'll have 30k equity in our current place, but we...
  2. voigtstr

    Taming the Debt Monster - Attitudes to debt for young players

    Hi Simon, I applied your pay the small debts off first but with the twist of paying off the loans with the highest payment to value ratio. So the $3000 consumer debt with repayments of $200 a month got paid off before the credit card on $2500 with $60 a month repayments. I think this works to...
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