WolverineDG
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Thu Jan-08-09 08:04 PM
Original message |
Did you resolve to get out of debt this year? |
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You might want to check this out---download Suze Orman's latest book Suze Orman's 2009 Action plan for free--via Oprah.com http://www.oprah.com/article/oprahshow/20081119_tows_bookdownloaddg
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lizziegrace
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Thu Jan-08-09 08:09 PM
Response to Original message |
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then on the 5th I was laid off, along with 5 others. Found out today that there will be at least 5-6 more, but of course they haven't been told yet.
I'll download it with the hopes that the year will end better than it's begun.
:hi:
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WolverineDG
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Thu Jan-08-09 08:21 PM
Response to Reply #1 |
2. Sorry to hear that lizziegrace |
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:(
But at least this book is free. :crazy: Good luck! I hope you find a really good job soon.
dg
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lizziegrace
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Thu Jan-08-09 08:25 PM
Response to Reply #2 |
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:)
I'm glad you posted this. I'm going to download it with a little hope.
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CreekDog
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Thu Jan-08-09 09:06 PM
Response to Original message |
4. No, because debt has its place |
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Edited on Thu Jan-08-09 09:07 PM by CreekDog
to get out of debt i would have to pay off my mortgage --i can't, at least not without moving.
i would also have to pay off my car, but there's little point in doing that, the interest per month is trivial ($15) and the peace of mind in having a couple more months of living expenses in the bank is worth more to me than free and clear title.
secured debt has a useful place.
unsecured debt, however, that's the one to watch out for.
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WolverineDG
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Fri Jan-09-09 07:33 AM
Response to Reply #4 |
7. The mortgage is the last thing I'm going to pay down |
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I want to pay off my stoopid credit cards so I can free up the money to throw at the mortgage. :)
dg
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CreekDog
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Fri Jan-09-09 01:52 PM
Response to Reply #7 |
23. it may be a better idea to throw money at your 401k or other investments first |
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depending upon what your mortgage and tax rates are.
in my case, over the long term thanks to taxes and a low mortgage interest rate, my conservatively invested 401k was a better long term place for extra money than my mortgage. i generally pay the minimum on my mortgage.
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WolverineDG
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Sat Jan-10-09 09:06 AM
Response to Reply #23 |
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when I get to that point, I'll consider doing that. :)
dg
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crispini
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Thu Jan-08-09 09:29 PM
Response to Original message |
5. Wow. thanks for the link Wolvie! |
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I love free stuff! I'll definitely check it out. How are you doing?
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WolverineDG
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Fri Jan-09-09 07:32 AM
Response to Reply #5 |
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How are you doing? Have you found a job yet? :) I'm resolving to pay off at least 2 debts that I have this year. :) BTW, if you can, do her "Save Yourself" Plan & get $100 at next year. She offered that deal last year (open up a TD America savings account & deposit at least $50/month automatically; get $100 one year later) & I've got one more payment to go! :thumbsup:
dg
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crispini
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Fri Jan-09-09 11:05 AM
Response to Reply #6 |
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I started Monday. I'm completely stoked! :)
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WolverineDG
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Fri Jan-09-09 11:30 AM
Response to Reply #13 |
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I just couldn't imagine you losing that cute little house of yours!! :cry:
dg
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kentauros
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Fri Jan-09-09 07:46 AM
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8. Therre's no "resolution" about it. |
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It's simply something I have to do. For me, it's paying off massive vet bills on my cat. But I love him anyway :loveya:
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WolverineDG
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Fri Jan-09-09 09:14 AM
Response to Reply #8 |
12. I hear you on that one! |
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I'm sending my vet's kids to college.... :eyes:
Damn furballs.... :loveya:
dg
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kentauros
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Fri Jan-09-09 11:10 AM
Response to Reply #12 |
14. The biggest amount was incurred at one of those specialized clinics |
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so I'm guessing I'm "spreading the wealth" ;)
Too bad "single payer" doesn't include our furball loved-ones, too...
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WolverineDG
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Fri Jan-09-09 11:29 AM
Response to Reply #14 |
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Here I am just wishing I could claim them as dependents on my tax return......for "free" animals (ie, the street kennel ;) ), they sure are expensive! :)
dg
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qb
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Fri Jan-09-09 09:11 AM
Response to Original message |
9. Thanks for the link! I've just gotten my unsecured debt consolidated |
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by a non-profit agency. I have a budget & a cash-only spending plan. I won't be out of debt this year, but will be well on my way.
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WolverineDG
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Fri Jan-09-09 09:12 AM
Response to Reply #9 |
WolverineDG
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Fri Jan-09-09 09:13 AM
Response to Reply #9 |
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Edited on Fri Jan-09-09 09:14 AM by WolverineDG
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Bake
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Fri Jan-09-09 11:53 AM
Response to Original message |
17. No ... but I DID resolve to get the hell out of Mississippi ... |
WolverineDG
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Fri Jan-09-09 12:53 PM
Response to Reply #17 |
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I live in Texas, so I can relate to that.
dg
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Bake
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Fri Jan-09-09 02:13 PM
Response to Reply #20 |
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But I'm not joking. Back to the Bluegrass for me. One way or another ...
Bake
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RebelOne
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Fri Jan-09-09 12:19 PM
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18. Well, I have no choice but to get out of debt. |
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I am in a Chapter 13 bankruptcy for the next 4 years. I pay the court about $600 a month through an automatic withdrawal from my paycheck. I am not allowed to have any credit until the bankruptcy is discharged. Fortunately, I am also drawing Social Security, so I am not hurting for money. I would like to retire, but will have to keep working until the bankruptcy is paid off. That is, if the company I work for doesn't go belly up. Three people were laid off last week. My department consisted of me and 2 others. The other two were laid off, and I am doing their work also. So, I have job security for a while.
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WolverineDG
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Fri Jan-09-09 12:52 PM
Response to Reply #18 |
19. I hope all goes well for you nt |
RebelOne
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Fri Jan-09-09 01:04 PM
Response to Reply #19 |
Skittles
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Fri Jan-09-09 01:50 PM
Response to Original message |
22. I've never been in debt |
WolverineDG
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Fri Jan-09-09 02:02 PM
Response to Reply #22 |
philosophie_en_rose
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Fri Jan-09-09 01:56 PM
Response to Original message |
24. Hell no! I'll die before those student loan companies get their money. |
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I pay every month on time, but it seems like it will never end.
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WolverineDG
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Fri Jan-09-09 02:02 PM
Response to Reply #24 |
26. I feel the same way about my student loans |
SeattleGirl
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Fri Jan-09-09 01:57 PM
Response to Original message |
25. Cleared all my debt last month, so now all I have are household |
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bills and rent.
Damn good thing, too, as MrSG got laid off 3 weeks ago.
Think I'll check the link out anway, though.
:hi: Wolvie!
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WolverineDG
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Fri Jan-09-09 02:02 PM
Response to Reply #25 |
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:hi:
Good luck on MrSG's job hunting!! :)
dg
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Arger68
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Fri Jan-09-09 03:58 PM
Response to Original message |
30. Had everything paid off except for $33,000 left on my |
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mortgage. Now with a divorce and $12,000 in medical bills this year I had to borrow money against my once-paid-for car. I may have another $10,000 in medical bills this year, since the collar bone I broke last March has still not healed.
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WolverineDG
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Fri Jan-09-09 05:51 PM
Response to Reply #30 |
31. Sorry to hear that but |
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I hope that 2009 is a much better year for you, both health-wise & financially. :)
dg
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Deja Q
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Fri Jan-09-09 05:54 PM
Response to Original message |
32. Got out, got a little back in, Oprah's a shill and Suze is just shrill. |
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Indeed, I recall the tv episode where the caller could get a good deal (40% off) on a spa, had some debt (albeit not much), and Suze said to go and do it.
Other people say it better: If you can't budget for it, you can't afford it.
I'll be out of mine in a couple of months, then saving again, and not being so erratic in spending.
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Sat May 18th 2024, 07:33 PM
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