Miss M

May 22, 2009

Miss M was facing this:

$20,500 on credit card
$1,800 to Thomasville furniture
$5,500 student loan
$28,000 car loan
$340,000 mortgage

That's a sobering amount of debt, in fact the total minimum payment for all that debt is nearly $3000 a month. Focusing on monthly payments is one way people hide from their debt problem. It didn't work in my case, my minimum payments alone were more than most people make in a month. Now it is your turn.

How did she escape? Read about her strategy here:

Part 1
Part 2
Part 3
Part 4
Part 5