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Finances & Money

New Debt Scale thanks to The King

February 13, 2007
By Michael Townsend
- Leave a Comment

Thanks to the King of Debt at We’re In Debt for providing the CSS list and HTML to add my own debt scale on the right sidebar.

As you know, we’re trying to pay off our Chevy Malibu loan of $15,000 in 8 months. We transferred the loan onto a credit card at 1.99% interest (vs 5.95% through the original loan) and we’re well on our way to paying off the loan by September of this year.

Instead of my cheesy hand-made debt scales, I’ll just update the CSS scale instead. It’ll save me a good 15 minutes each month since I can do a quick sidebar text update rather than editing an image in Paint Shop Pro. (clarified for Mapgirl) 🙂

Thanks King!

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About Michael Townsend

Michael Townsend founded CleverDude.com in June 2006 while working as a technical analyst in the Washington, D.C. area. A Penn State graduate, he built the site as a side project alongside a white-collar career that included earning a master’s degree and multiple promotions.

In five years he wrote nearly 1,300 articles on personal finance and life lessons drawn from his own experience. The blog grew from a hobby into a recognized early voice in the personal-finance community and generated meaningful revenue. He sold the site in 2010, continued as a guest contributor through 2015, and returned in 2023 after further career advances, paying off his home, and extensive travel.

Reader Interactions

Comments

  1. Baz L says

    March 26, 2007 at 10:54 pm

    What kinda limit do you have where you can drop 15,000 on a credit card? Am I missing something here? Because I’m dying to do the same thing to make a dent in my student loan.

    Reply
  2. Clever Dude says

    March 27, 2007 at 6:59 am

    I actually have 2 cards with limits over 20k, but it took years to build them to that level. It takes excellent credit and then just asking for the increases every 6 months or so. Usually, though, they just bump up the limits for you without asking.

    Reply

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