Dave Ramsey and unfinished projects
#1
Dave Ramsey and unfinished projects
not my idea, I saw it on facebook Quiltville Studio, but it is a good one.
Ramsey and many other personal finance organizers recommend taking your smallest debt, pouring your efforts into getting rid of it, then take the next smallest, do the same, and so on. Each time you roll to the next smallest you are adding what would have gone into the ones already paid off making the whole pile go faster.
The FB poster said she was going to take this idea, which worked so well for her finances and use it to tackle UFO's.
No flopping around between them all, just starting with whatever could be finished the quickest, digging in and doing it, then going on to the next smallest.
Thought this might give some Ramsey fans a little incentive or at least a fond smile
Ramsey and many other personal finance organizers recommend taking your smallest debt, pouring your efforts into getting rid of it, then take the next smallest, do the same, and so on. Each time you roll to the next smallest you are adding what would have gone into the ones already paid off making the whole pile go faster.
The FB poster said she was going to take this idea, which worked so well for her finances and use it to tackle UFO's.
No flopping around between them all, just starting with whatever could be finished the quickest, digging in and doing it, then going on to the next smallest.
Thought this might give some Ramsey fans a little incentive or at least a fond smile
#4
Power Poster
Join Date: Jan 2011
Location: Southern USA
Posts: 16,515
DH and I were given the same money advice by a neighbor when first married. He was a down to earth guy, retired and had tons of common sense. He had money sense that was eye opening for a young married couple. I can see how it would work with quilting projects too. The key thing is the want to part.
#9
Super Member
Join Date: Aug 2013
Location: Florida
Posts: 5,973
It definitely works for finances, DH and I got out of debt in your younger days. It would probably work fine for UFO's. At the first of each year my Guild has a "Get-it-done" list. At the end of the year for every project you finished and showed the Guild, your name goes into a drawing for each entry and you win something. I keep my own list and go over it when I finish something and am in that limbo between projects.
#10
It definitely works for finances, DH and I got out of debt in your younger days. It would probably work fine for UFO's. At the first of each year my Guild has a "Get-it-done" list. At the end of the year for every project you finished and showed the Guild, your name goes into a drawing for each entry and you win something. I keep my own list and go over it when I finish something and am in that limbo between projects.
Thread
Thread Starter
Forum
Replies
Last Post
Ditter43
General Chit-Chat (non-quilting talk)
27
01-26-2013 10:33 PM
eagle5006
General Chit-Chat (non-quilting talk)
5
07-23-2011 01:12 AM