Comments on: Personal Balance Sheet, May 2006 ($49,510, -0.56%) http://www.consumerismcommentary.com/personal-balance-sheet-may-2006-49510-056/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 27 May 2012 14:19:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike Steele http://www.consumerismcommentary.com/personal-balance-sheet-may-2006-49510-056/comment-page-1/#comment-28490 Mike Steele Sun, 18 Jun 2006 15:32:04 +0000 http://www.consumerismcommentary.com/2006/06/02/personal-balance-sheet-may-2006-49510-056/#comment-28490 You've probably got another two to five thousand in other assets --- like that bike you just aquired. For many people on the planet, their household cooking pot (yes pot, not pots) is a major family asset. Incidentally, you might underline for others at your stage of life that it is better to pay off the credit card debt than the student loan debt. There is no 'investment' available to anyone that is any better than retiring credit card debt. You’ve probably got another two to five thousand in other assets — like that bike you just aquired. For many people on the planet, their household cooking pot (yes pot, not pots) is a major family asset.

Incidentally, you might underline for others at your stage of life that it is better to pay off the credit card debt than the student loan debt. There is no ‘investment’ available to anyone that is any better than retiring credit card debt.

]]> By: James http://www.consumerismcommentary.com/personal-balance-sheet-may-2006-49510-056/comment-page-1/#comment-19361 James Sat, 03 Jun 2006 17:38:34 +0000 http://www.consumerismcommentary.com/2006/06/02/personal-balance-sheet-may-2006-49510-056/#comment-19361 Hey CC, No worries. Good for you for paying off more if your student loans. Its the nature of building networth that it will fluctuate from time to time. Best, James Hey CC,

No worries. Good for you for paying off more if your student loans. Its the nature of building networth that it will fluctuate from time to time.

Best,

James

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