tag:blogger.com,1999:blog-6698917025069184978.post6532818135304657276..comments2023-12-14T16:24:47.796+00:00Comments on Northern Living Allowance: Thoughtful adviceNorthern Living Allowancehttp://www.blogger.com/profile/06663851212929175711noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6698917025069184978.post-21439542662656348542019-08-11T14:31:18.280+01:002019-08-11T14:31:18.280+01:00T'Pol - you're brilliant! That's an ex...T'Pol - you're brilliant! That's an excellent suggestion, thank you. Writing things down, and list making is always helpful, so I don't know why I didn't think of this before. I've covered pages with numbers, but not a pros and cons. Fantastic - thank you! xxNorthern Living Allowancehttps://www.blogger.com/profile/06663851212929175711noreply@blogger.comtag:blogger.com,1999:blog-6698917025069184978.post-57434352788414757972019-08-11T11:04:02.436+01:002019-08-11T11:04:02.436+01:00I think, I would tackle the highest interest card ...I think, I would tackle the highest interest card first too. When I was buying my rental property, I needed to borrow just a little money so, my sister and brother-in-law (both in banking) looked for opportunities and got me three lines of credit. (Mortgage terms were not favorable or something like that at the time). I remember paying the highest interest one first. People go with the smallest balance just because of the level of satisfaction it provides. I like logical over psychological. Lol!<br /><br />Here is a tip for decision making. Take a clear sheet of paper divide it into four. List the two options you have, the columns will be pros and cons. Write down all pros and cons you can think of for both options. When you are done, assign numerical weights to them. Add the numerical values and voila! Decision is obvious (most of the times). If my mind is not clear enough, I do this.<br /><br />I am sure if you put your mind to it, you can get rid of the debt and use your money for savings and fun things better.T'Polhttps://www.blogger.com/profile/16207033510057896918noreply@blogger.com