Asked by Katie  |  Submitted October 20, 2015

Do you recommend a program like Dave Ramsey's "Financial Peace" and debt snowballing to get out of debt?

If not, what types of programs do you recommend?

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  Answers  |  4

October 27, 2015

This a blanket question. Each and every individual situation is different and can apply, or not apply to many individuals, families, and or businesses. There is good reasoning behind this (strategy, philosophy, idea), but it does not apply to all. What does apply to all is our "napkin" (budget), a good simple read, the book I-Plan will outline why this is the foundation to determining which type of strategies will work best towards ones financial freedom and or success.

$commenter.renderDisplayableName() | 05.26.17 @ 11:36

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October 28, 2015

Hi Katie,

I don't follow unlicensed financial entertainers, so I can't provide you any type of recommendation, Like Micheal said in his answer, it's hard to give you a complete game plan because more information is needed.
S

Saving in WI | 08.22.16 @ 16:39

Katie, Dave's plan works!

$commenter.renderDisplayableName() | 05.26.17 @ 11:36

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October 28, 2015

Here is a great inexpensive program, the Youth Financial Literacy Foundation dba United Credit Education Services (“UCES”) with respect to all credit restoration service products. UCES is exempt under the Credit Repair Organization Act (15 U.S.C. §§1679, et. seq.) as a charitable organization which is tax exempt under §501{c)(3) of the Internal Revenue Code, and is not a federal credit repair organization.

The company I work for is a representative for this program, and pursuant to the agreement between FES and UCES, FES also manages the sales force of UCES independent sales representatives.

$commenter.renderDisplayableName() | 05.26.17 @ 11:36

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October 28, 2015

To be more specific we are trying to clear all past owed debt off of our credit. We both came out of horrendous marriages that left a lot of debt there. Nothing is current, its all in collections. I know that I can call and pay things off, but I was wondering if there was a better method to pay the madness off..

$commenter.renderDisplayableName() | 05.26.17 @ 11:36

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