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  1. Brent Yarger on June 29, 2008 at 6:21 pm


    I know you love talking about interest and what it really is. I think that many folks still don’t have a true understanding of the different types of interest and how they affect the various categories of debt. For instance, the difference between the way interest is compounded on a credit card vs. a mortgage or a signature loan, car loan or other loan instruments.

    I think a series on interest types and compounding aspects would be great so that everyone would have a better idea on which debts should be tackled first and why as we all want to get the most for our debt reduction dollar.


  2. Amber Cox on July 9, 2008 at 10:58 am

    Hi Joe,
    My hubby and I don’t have any credit card debt and we are still renting an apartment…so no home debt (but we want to buy one sometime in the next 3 years or so). Our debt is an immense amount of medschool debt, which I hear is “good debt” not “bad debt” but still, it’s a lot and we’re chipping away at it. It would be great to hear your thoughts on paying off “good debt” if there is such a thing.
    I’ll be reading!

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