What’s the Best Way to Pay Down Debt? – 2 Guys and Your Money 027

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Shannon and Ben from Ready for Zero join us in the basement to talk about the Debt Movement and discuss whether using graphics can help you get the best of the debt snowball while paying down interest faster. Better? You decide!

Len, Barb AND new daddy Dominique Brown are here to answer the question: should you borrow money from relatives or friends? Then they’ll flip the conversation and answer, “Should you loan money to a relative or friend?”

PK from DQYDJ.net discusses some quirky markets that might help you glean ideas about when and how this all will

We kick off the month of February with a fun new “guess that voice.” Who is it this month?

I’ll have more thorough show notes during the day…I helped two friends run a 100 mile race yesterday and ran from midnight to 6 am pacing them! Check back later for links…..once I wake up.

SHOW NOTES

<> Open: Thanks to Steve Stewart from MoneyplanSOS for the hilarious open. Listen to the end of Episode 24 if you want to hear the original story.

<> H&R Block At Home Tax Prep 15% Off!

<3:50> In the News: Retirement plan fees can cost you dearly (ABC News link).

<10:00> Shannon & Ben from ReadyForZero.com: The Debt Movement and attacking debt efficiently

Check out the Debt Movement website here.

<30:00> PK from DQYDJ.net: Quirky markets

Want more PK? Check out this article on DQYDJ.net (PK’s blog): Is there an alternative to student loans?

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Link to the 2 Guys iTunes page here. Listen on the Stitcher app here.

<34:57> Shortwave: Should you loan money to or borrow money from relatives or friends

Currently on Barb’s Website: Why I Turned Down $250

Right now on Dominique’s Website: The 48 Things a Debt Collector Cannot Do

Playing this week at Len’s Website: The Embarrassing Anatomy of a Phishing Scam

<51:30> Let’s Give Something Away: 

Win this lovely Digital Piggy Bank!

How do you enter? There are three ways and they’re all explained here: February “Let’s Give Something Away” Giveaway! page.

<> End: Films

OG – Atlas Shrugged Part I (Thumb Up) (Joe – Thumb Sideways)

Trailer:

Joe – Beasts of the Southern Wild (Thumb Up)

Trailer:

Listener questions: OG & I are curious…do you think the debt snowball can be improved by using graphics to score “wins”? Should you loan money to or borrow from relatives? Have you heard of PK’s alternate markets…and if so, have you “bought shares” on them? Any films Joe or OG should review at the end of the show? Answer one or all in the comments below. Thanks for listening.