Remember
the debt tsunami?
There is also
the Debt Tsunami, made famous by ManVSDebt.
Of the debts that are left, we're using Baker's
debt tsunami method — attacking the ones with the most emotional impact first.
Debt Tsunami is a great concept and will work well if people approach it with discipline it requires.
Your Debt Tsunami is really the best of both worlds (snowball and highest interest rate first).
Although I've been following Dave Ramsey's debt snowball approach, I've inadvertantly been using
the debt tsunami.
I've nicknamed
it the Debt Tsunami.
All debt do nt necessarily have emotive connotationas and there the debt snowball might work best, Hoever overall
debt tsunami is an effective way of deling with debt too.
I didn't know about
the Debt Tsunami until recently — love it — we are equal opportunity debt haters — I don't know if there's one I hate more than another!
Yep,
the debt tsunami is the way to go!
I have never heard of
the Debt Tsunami before.
I have used some form of
the Debt Tsunami method from time to time, and I agree it should be part of the mix.
Not exact matches
Maybe our wise and patriotic politicians will start selling off our military assets just like they did with our manufacturing base so they can pay the
tsunami of interest on our
debt and China will take over as the world's police?
Swapping Trillion $ of fraud certificates and then playing a game, suggesting that QE is ending is somewhat of a paradox or conundrum, especially in light of the
tsunami of Treasury auctions and the flood of new
debt, on top of 11 years of accounting fraud.
I think there's a lot of amazing people that don't get to college, not only that do things like I do but because their voices just aren't heard in the
tsunami of people that apply every year to colleges in such an economic impacted school system here which we have here in America where people have to go into massive amounts of
debt just to go to college and get an education,» he said.
I think there's a lot of amazing people that don't get to college, not only that do things like I do but because their voices just aren't heard in the
tsunami of people that apply every year to colleges in such an economic impacted school system here which we have here in America where people have to go into massive amounts of
debt just to go to college and get an education.
Gordon Brown has warmly welcomed the agreement of the G7 countries to suspend the collection of
debt repayments from the countries hit by the Asian
tsunami.
The whole point of doing a
debt snowball /
tsunami is to pay off your
debt and not go back into
debt again — for anything!!!
characterized the report as a «canary in a coal mine», likening the effect on future generations to a
tsunami or avalanche of
debt.
It doesn't matter that you are doing a snowball, avalanche,
tsunami, or some other cutesie name, the fact that you're paying down
debt is the most important thing.
But it's not clear where Smurfit stands in this regard — there are certainly fresh threats to global growth, and
debt overhang will restrain the developed markets for years to come — on the other hand, Smurfit's now a dominant player, emerging markets continue to perform well, and Western central banks continue to pump out a
tsunami of liquidity to combat
debt deflation.