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How much Interest am I Paying on Debt each Month? How to Figure it out. | Debt Free Adventure!
October 27, 2009 at 4:59 am
How Much Interest You Are Paying?
October 30, 2009 at 8:29 am
Black Coffee: My Favorite Blogs, Money News & Opinions #19
October 30, 2009 at 8:44 pm

{ 3 comments… read them below or add one }

Matt Jabs October 27, 2009 at 12:10 am

Awesome Matt. Did you know that I wrote a post urging people to do the exact same thing? Figuring out exactly how much of your hard earned dollars are going to other people… then tracking it and watching it go down every month is a HUGE motivator and is often the first thing I tell people to sit down and do.

Why? Because it is the best thing I have found to motivate them to get rid of their own debt!

Great article. Here is a link to mine from awhile back… I may write another very soon as this is a fantastic topic to write about! Interest Amount Paid – Establish a Proper Relationship with Your Debt

Matt B October 27, 2009 at 6:18 am

I did not realize that! Well, it is still an eye opening experience for some.

Jane February 6, 2012 at 12:50 pm

Well done Matt. The realization on how much hard earned money people overpay every months in interest and knowing knowing how these expenses can be cut off can help people change their mind, open their eyes in give them motivation to cover their debt faster.

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