http://www.punchdebtintheface.com/2010/02/change-blog.html A fun personal finance blog Fri, 10 Feb 2012 06:03:14 +0000 hourly 1 http://wordpress.org/?v=3.3 http://www.punchdebtintheface.com/2010/02/change-blog.html#comment-4857 Guest2 Tue, 16 Mar 2010 18:27:17 +0000 http://www.punchdebtintheface.com/?p=1100#comment-4857 I have a very similar situation. About the same amount of student loan debt as savings. I plan to continue paying down the debt gradually, in increasingly large increments. The rate is only 3% or so in a consolidated loan. I have a very similar situation. About the same amount of student loan debt as savings. I plan to continue paying down the debt gradually, in increasingly large increments. The rate is only 3% or so in a consolidated loan.

]]> http://www.punchdebtintheface.com/2010/02/change-blog.html#comment-4722 Vivien Greene Wed, 10 Mar 2010 22:55:40 +0000 http://www.punchdebtintheface.com/?p=1100#comment-4722 Great article, and thanks for taking the effort to publish it; I'm sure other readers benefited as wel. It really opened my eyes for some new perspectives that I hadn't thought of before. Great article, and thanks for taking the effort to publish it; I’m sure other readers benefited as wel. It really opened my eyes for some new perspectives that I hadn’t thought of before.

]]> http://www.punchdebtintheface.com/2010/02/change-blog.html#comment-4623 Links O’ The Week | MyMoneyMinute.com Sun, 07 Mar 2010 18:59:36 +0000 http://www.punchdebtintheface.com/?p=1100#comment-4623 [...] Punch Debt In The Face wonders if he should keep his money in savings, or pay off a debt? [...] [...] Punch Debt In The Face wonders if he should keep his money in savings, or pay off a debt? [...]

]]> http://www.punchdebtintheface.com/2010/02/change-blog.html#comment-4457 modistmoz Mon, 01 Mar 2010 18:11:14 +0000 http://www.punchdebtintheface.com/?p=1100#comment-4457 One thing that really stands out in all this is that perhaps you and Girl Ninja need to get together and have a good ol' heart to heart about what living together is really going to look like. You can't enter into a marriage not knowing these things! That's bad investing Ninja dude! I'm guessing that if you two sat down to discuss how things might look, and what a better plan would look like, that would create some stability for you. This isn't just an issue of keeping your cushion or paying down debt. Case in point: let's say you keep your cusion, you move in, pay for the honeymoon and incidentals, etc, and then before you know it, you've gone through that savings of yours and are down to $5 grand. You turn around and still have that debt and no cushion. Without talking this one out you could still end up where you fear most being! One thing that really stands out in all this is that perhaps you and Girl Ninja need to get together and have a good ol' heart to heart about what living together is really going to look like. You can't enter into a marriage not knowing these things! That's bad investing Ninja dude! I'm guessing that if you two sat down to discuss how things might look, and what a better plan would look like, that would create some stability for you. This isn't just an issue of keeping your cushion or paying down debt. Case in point: let's say you keep your cusion, you move in, pay for the honeymoon and incidentals, etc, and then before you know it, you've gone through that savings of yours and are down to $5 grand. You turn around and still have that debt and no cushion. Without talking this one out you could still end up where you fear most being!

]]> http://www.punchdebtintheface.com/2010/02/change-blog.html#comment-4456 C_C Mon, 01 Mar 2010 17:43:35 +0000 http://www.punchdebtintheface.com/?p=1100#comment-4456 I've been in both situations. FWIW, my opinion is that having low savings and no debt is preferable. You can always rebuild your savings. I've been in both situations. FWIW, my opinion is that having low savings and no debt is preferable. You can always rebuild your savings.

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