9 signs you're in debt denial
You may think you've learned your lesson from the Great Recession, but if you're guilty of any of these unwise money choices, you may be fooling yourself.
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isn't that easy.? .you don't need expensive cosmetics..try Avon..works just fine...great colors, too.
you also don't need a big diamond if you're getting married and a big wedding..do what
you can afford!! Afford is the word here folks...the person is more important than the wedding
and have $$$ in the bank if you're getting married or living together..
Thanks for listening ! Rose in Las Vegas, NV
I totally disagree with the "bought a new car to save gas...." denial. I will make this short:
I own a very large diesel guzzling truck I need & use for farm use. When the price of diesel "shot" past regular unleaded prices I purchased a small car for about 18k. My breakeven point between the price of diesel (based on my truck mileage) and price of gas (plus cost of car & insurance) was a little over 50 months. I have been seeing the benefits for over 2 years now. Of course, you need to hang on to a vehicle for a while to see a return as I have. ALWAYS obtain a breakeven analysis prior to making a purchase!!
The joke is on those who thought they were doing all the right things. Turns out those who were being responsible and following a budget they could afford before real estate prices crashed and unemployment set in get squashed.
Once again, those who get up everyday and go to work, pay their bills on time, and spend only what they can afford are kicked in the teeth when they get a few months behind due to circumstances beyond their control. And then there is no way to dig out of that hole the banks and credit bureaus bury you in. All the "support" is for the lazy and irresponsible. Maybe the answer is just to join them and let someone else pick up the tab!
...Eventually there won't be anyone left to pay the bill.
Are you kidding me? In this country of immediate gratification, I doubt 10% of the readers even comprehended the "9 mistakes".
I grew up dirt poor. I started earning $ at 7 years old. I was paying taxes by 13. Other than roof and food, I paid my own expenses.
I thank god for growing up that way. I was happy with very simple things. I saved for and valued every purchase I made. patience and hard work.
At the same time I watched my peers being given almost everything. No such thing as working for it.
Those 9 mistakes.....I guess I am guilty of one. My wife spends frivolously. So what? Everything is paid for, I owe nobody other than taxes.
The best advise I can give. Have one credit card for REAL emergencies. Put away 15% of net income starting with your first job......the sooner you start the more conservative the type of investment that will give you a secure retirement.
And don't be afraid to work a second job for extras.
This is hysterical coming from MSN. Why don't they send this to BO. Every symptom that is mentioned is being ignored by our holy commander and chief financial disaster officer of the United States.
You get the latest from him? He says Congress pays the bills. He's just an innocent, naïve guy like the rest of us. He's spending our money and we're cheering him on and blaming everyone else.
food chains selling you burger for $1
yet those freakin chains making BILLIONS $
Somebody send this to our government...they need all the help they can get!
paycheck to pay check with no promise for next week----Duh'Oh!
I owe publishers clearing house more than I can pay today or tomorrow, do not need a mortgage and cards to be sinking!
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