Comments on: Got Bad Debt? – Your Mid-Year Financial Check-Up #3

By: Cativo

Cativo — Thu, 01 Jan 1970 00:00:00 +0000

Instead of a credit card, I pay each time in cash using my ATM savings account. Every payday, I have a fixed amount automatically transferred to my COOP bank added to my share capital. So, what is left in my ATM is the extra that I again going to budget for the next days before payday.

In the COOP, after each year I received a dividend from my share capital, so, it is a sort of investment. If I will not attend the COOP Assembly, my dividend is immediately be added into my COOP’s share capital.

im from the Philippines.

By: Sam

Sam — Thu, 01 Jan 1970 00:00:00 +0000

Wow this is very timely! I just paid all my credit card debts $680 yesterday…well its not much but if you live in the Philippines..thats still Php30k!

As of now, my savings may not be that much but heck, I don’t have any debts to pay..I feel so free! Thanks for the post.

By: Alisa

Alisa — Thu, 01 Jan 1970 00:00:00 +0000

I like the concept of prioritizing your debt. If you can stay focused and diligent, it really does work. The more you use it, the more powerful it becomes.

Love the site!

Be well.