Knowledge is Money read my Debt PMT Plan

Daily chitchat.

Moderators: Moderators, Junior Moderators

Forum rules
This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
User avatar
Sheikh Mustafa
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1262
Joined: Sat Jul 19, 2008 2:40 pm

Knowledge is Money read my Debt PMT Plan

Post by Sheikh Mustafa »

Your plan details
Pay $836.58 each month. Pay as much as your budget allows to the credit card with the highest interest rate, and pay the minimum to your lower rate cards.

Note: This tool assumes that your credit card issuer(s) calculates your minimum monthly payment as a fraction of your outstanding balance (as long as it is above the absolute minimum of $20). Therefore, as you pay down your balances, the minimum monthly payments on your cards will decrease.

YEAR 1: Monthly Payment Plan
Month
L2 (13.50%) L3 (12.00%) L1 (8.75%) L4 (4.50%) Remaining Balance
1 286.58 350.00 100.00 100.00 17,806.49
2 301.54 339.11 97.85 98.07 17,106.41
3 316.09 328.57 95.75 96.17 16,399.64
4 330.23 318.35 93.69 94.31 15,686.10
5 343.96 308.44 91.68 92.49 14,965.67
6 357.31 298.85 89.71 90.70 14,238.26
7 181.83 478.02 87.78 88.95 13,503.99
8 0.00 663.45 85.89 87.23 12,763.01
9 0.00 666.98 84.05 85.55 12,015.23
10 0.00 670.44 82.24 83.89 11,260.59
11 0.00 673.83 80.48 82.27 10,498.99
12 0.00 677.15 78.75 80.68 9,730.35

YEAR 2: Monthly Payment Plan
Month
L2 (13.50%) L3 (12.00%) L1 (8.75%) L4 (4.50%) Remaining Balance
1 0.00 680.40 77.05 79.12 8,954.60
2 0.00 683.58 75.40 77.59 8,171.65
3 0.00 686.70 73.78 76.09 7,381.42
4 0.00 689.76 72.19 74.62 6,583.82
5 0.00 692.75 70.64 73.18 5,778.78
6 0.00 237.57 527.24 71.77 4,967.44
7 0.00 0.00 766.20 70.38 4,150.39
8 0.00 0.00 767.56 69.02 3,327.58
9 0.00 0.00 383.20 453.37 2,500.35
10 0.00 0.00 0.00 836.58 1,670.01
11 0.00 0.00 0.00 836.58 836.56
12 0.00 0.00 0.00 836.56 0.00
Maasha allah. $18500 in 2 years by paying Only 800 a month.It took me a long time to figure out how to pay it off without Stress. Alxamdulillaah.
hydrogen
SomaliNet Super
SomaliNet Super
Posts: 9607
Joined: Sat Dec 22, 2012 2:44 pm
Location: Leicester

Re: Knowledge is Money read my Debt PMT Plan

Post by hydrogen »

Wow man seriously get your life together. You're like 30+ and on a forum telling us about your debt. The reason your telling us is because you don't really believe you'll be able to get clear yourself and want congratulations from us to make it seem realistic to you. DO THINGS. Get a higher paying job, get links to people with money. Buy shares in companies, sell things on the internet. Provide services, how hard can it be? What do you work as? Self-pity won't do shit, it would make sense if you were 20 crying about uni money but you're not 20 man.
User avatar
Sheikh Mustafa
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1262
Joined: Sat Jul 19, 2008 2:40 pm

Re: Knowledge is Money read my Debt PMT Plan

Post by Sheikh Mustafa »

hydrogen wrote:Wow man seriously get your life together. You're like 30+ and on a forum telling us about your debt. The reason your telling us is because you don't really believe you'll be able to get clear yourself and want congratulations from us to make it seem realistic to you. DO THINGS. Get a higher paying job, get links to people with money. Buy shares in companies, sell things on the internet. Provide services, how hard can it be? What do you work as? Self-pity won't do shit, it would make sense if you were 20 crying about uni money but you're not 20 man.
Man you are un predictable. You sometimes talk like you are a decent guy with a brain. Sometimes you just talk a like a ceeb head. You are hard to predict.

Plus don't talk like you know people through their cyber Nicknames. How would you know if a am a 15 year old girl on her monthly period?.
hydrogen
SomaliNet Super
SomaliNet Super
Posts: 9607
Joined: Sat Dec 22, 2012 2:44 pm
Location: Leicester

Re: Knowledge is Money read my Debt PMT Plan

Post by hydrogen »

So you're telling me you could be a 15 year old girl on her monthly period

Like I said, what do you work as?
User avatar
Insomniac
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 3255
Joined: Mon Aug 05, 2013 10:57 am
Location: Auckland, New Zealand

Re: Knowledge is Money read my Debt PMT Plan

Post by Insomniac »

hydrogen wrote:Wow man seriously get your life together. You're like 30+ and on a forum telling us about your debt. The reason your telling us is because you don't really believe you'll be able to get clear yourself and want congratulations from us to make it seem realistic to you. DO THINGS. Get a higher paying job, get links to people with money. Buy shares in companies, sell things on the internet. Provide services, how hard can it be? What do you work as? Self-pity won't do shit, it would make sense if you were 20 crying about uni money but you're not 20 man.
:damn: :tocry:
User avatar
FAH1223
webmaster
Posts: 33838
Joined: Mon Oct 02, 2006 12:31 pm
Location: THE MOST POWERFUL CITY IN THE WORLD
Contact:

Re: Knowledge is Money read my Debt PMT Plan

Post by FAH1223 »

hydrogen wrote:Wow man seriously get your life together. You're like 30+ and on a forum telling us about your debt. The reason your telling us is because you don't really believe you'll be able to get clear yourself and want congratulations from us to make it seem realistic to you. DO THINGS. Get a higher paying job, get links to people with money. Buy shares in companies, sell things on the internet. Provide services, how hard can it be? What do you work as? Self-pity won't do shit, it would make sense if you were 20 crying about uni money but you're not 20 man.
:clap:
Alphanumeric
SomaliNet Super
SomaliNet Super
Posts: 14683
Joined: Tue Jun 14, 2011 1:00 am

Re: Knowledge is Money read my Debt PMT Plan

Post by Alphanumeric »

AfroBro wrote:
hydrogen wrote:Wow man seriously get your life together. You're like 30+ and on a forum telling us about your debt. The reason your telling us is because you don't really believe you'll be able to get clear yourself and want congratulations from us to make it seem realistic to you. DO THINGS. Get a higher paying job, get links to people with money. Buy shares in companies, sell things on the internet. Provide services, how hard can it be? What do you work as? Self-pity won't do shit, it would make sense if you were 20 crying about uni money but you're not 20 man.
:damn: :tocry:
Ouch. Remind me to never discuss money on this site.
User avatar
Insomniac
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 3255
Joined: Mon Aug 05, 2013 10:57 am
Location: Auckland, New Zealand

Re: Knowledge is Money read my Debt PMT Plan

Post by Insomniac »

That shit hit home. :lol:
saacJabshee
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2393
Joined: Wed Mar 27, 2013 5:39 pm

Re: Knowledge is Money read my Debt PMT Plan

Post by saacJabshee »

I wouldnt take the piss of this guy and his money worries. It can happen to anyone
InaSamaale
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2524
Joined: Thu Jan 03, 2013 2:00 pm
Location: Endeavour.

Re: Knowledge is Money read my Debt PMT Plan

Post by InaSamaale »

saacJabshee wrote:I wouldnt take the piss of this guy and his money worries. It can happen to anyone
:up:
User avatar
Casanova25
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2778
Joined: Wed Jul 17, 2013 7:25 pm
Location: **********************

Re: Knowledge is Money read my Debt PMT Plan

Post by Casanova25 »

SH. Mustafe! my advice is simple! do not pay penny of those Money back! just save enough Money to oneway ticket directly to Mogadishu! you speak good English, and I believe u can find Work there in seconds with all those inernational Companies! + Mogadishu is rebuilding, and the city has witnessed Peace! and the female problems will go away forever! just take 4 wife ASAP when u get there.

Image
SH. Mustafe this is your future! u do not need to pay back those kuffar! go for the run bro :up:
Image
User avatar
gurey25
SomaliNet Super
SomaliNet Super
Posts: 19349
Joined: Thu Apr 15, 2004 7:00 pm
Location: you dont wana know, trust me.
Contact:

Re: Knowledge is Money read my Debt PMT Plan

Post by gurey25 »

try getting out of $275,000 debt
Locked
  • Similar Topics
    Replies
    Views
    Last post

Return to “General - General Discussions”